In 1968, he moved into Las Vegas quickly. He bought a piece of land across from the Flamingo Hotel. It was 80 acreHe was originally the landlord for that property, and he made millions on that deal. He then shortly thereafter bought an off-strip property, the first one that had ever been done.That’s where the International Hotel was built. It was a very, very expensive property at the time, it was off-strip. The first two people to appear in the show room there were Barbara Streisand and Elvis Presley and that was the beginning of Kirk Kerkorian’s ascension as the largest power broker in Las Vegas.
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "In 1968, he moved into Las Vegas quickly. He bought a piece of land across from the Flamingo Hotel. It was 80 acreHe was originally the landlord for that property, and he made millions on that deal. He then shortly thereafter bought an off-strip property, the first one that had ever been done.That’s where the International Hotel was built. It was a very, very expensive property at the time, it was off-strip. The first two people to appear in the show room there were Barbara Streisand and Elvis Presley and that was the beginning of Kirk Kerkorian’s ascension as the largest power broker in Las Vegas." in the context of "Nevada Senator Harry Reed, at the floor of the US Senate on the death of Las Vegas resident and mega resort builder Kirk Kerkorian, in an eulogy delivered on June 16, 2016" to mean that wisdom is timeless.
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About Elvis Presley