Daily business briefing: Tropicana buying Lumiere Place

March 27, 2014 

The Missouri Gaming Commission has approved the sale of Lumiere Place Casino to Tropicana Entertainment Inc., the St. Louis Business Journal reports. Pinnacle Entertainment is selling Lumiere Place Casino, Hotel Lumiere and the Four Seasons Hotel St. Louis to Tropicana Entertainment Inc. for $260 million. Find out more at http://www.bizjournals.com/stlouis. ...

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Forbes rates the St. Louis Cardinals as the eighth most valuable franchise in Major League Baseball with a current value of $820 million, the St. Louis Business Journal cites. Read more at http://www.bizjournals.com/stlouis. ...

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The latest Census numbers reveals that six of the 10 fastest-growing metropolitan areas and 8 of the 10 fastest-growing counties in the country are located in or near the oil- and gas-rich fields of the Great Plains and Mountain West. Learn more at http://www.bnd.com/business. ...

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Real estate is booming in California as affluent Chinese home buyers are driving prices past boom-era peaks. Selling real estate in the San Gabriel Valley now requires familiarity with feng shui, the ancient Chinese principles of harmonious design. Find out more at http://www.bnd.com/business.

-- Will Buss, BND business writer

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