MICHAEL JACKSON HOVERS NEAR VEGAS
06.16.2008
As we at thevegaseye.com told you earlier, Michael Jackson may be next to follow the well-worn trail of pop star footsteps that leads to the Las Vegas strip, where Celine Dion, Elton John and others have taken up residence at various times. Mr. Jackson, who has had a seemingly endless series of financial troubles over the past few years, including a recent threat of foreclosure at his Neverland Ranch in California, is considering a long term Las Vegas engagement as part of a plan to repay a $23 million debt to Colony Capital, the private equity group that recently bought the loan on Neverland, Reuters reported. Colony owns the Las Vegas Hilton, and is a major shareholder in the Station Casinos chain. There is no deal yet and the possible Las Vegas engagement is one of several repayment options Mr. Jackson and Colony are considering. Mr. Jackson, who was acquitted of child molestation charges in 2005, has been reclusive ever since (O.K., before too), living in Ireland, Dubai and Bahrain at various times. He is now reportedly living in Pahrump, Nev., about 60 miles from Las Vegas.























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