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Vegas Mogul Slams Corporate Spending Backlash

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Las Vegas casino legend Sheldon Adelson launched a quest for America's most boring city on Tuesday in a comeback to President Barack Obama's criticism of bankers who hold meetings in the famous gaming capital.

Obama last month warned companies that get bailout cash against spending it on activities potentially seen as perks -- sparking a row with hotel and resort operators who say they are already struggling to fill rooms and may have to cut jobs.

Read the whole story at Reuters