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Watch: Costa Hotel And Online Casino Constitutes A Dramatic Vegas Exi

Watch: Costa Hotel And Online Casino Constitutes A Dramatic Vegas Exit

Watch Las Las Vegas Infamous Riviera Hotel And Casino Implode In Demolition

Content

Also a closure within the construction works inside the near Fortainebleau Vacation resort Las Vegas plus Echelon Place lead to this huge decline. The travel and leisure agency bought typically the 2, 075-room home across 10. five hectares last year for $182. 5 , 000, 000, plus $8. 5 million in connected transaction costs, with plans to” “broaden its Las Sin city Convention Center. “Today marks an exciting new milestone within Las Vegas’ long history of reinvention and evolution plus ensures Las Vegas’ meeting and tradition industry remains the envy of the particular world for decades to be able to come, ” said Rossi Ralenkotter, president/CEO of the LVCVA. The tourism agency bought the entire 26 acres final year for $182. 5 million, plus $8. 5 million in related deal costs, with strategies to expand its Las Vegas Tradition Center. As moment passed, the Costa Hotel and Online casino faced increasing competition from newer, even more extravagant resorts that will emerged along the particular Las Vegas Tape. The hotel fought to keep up with evolving customer preferences and the changing landscape associated with the city’s enjoyment scene.

  • In conclusion, the rise and fall from the Riviera Hotel plus Casino parallel the dynamic evolution associated with Las Vegas, featuring the ebb and flow of the city’s entertainment market.
  • “Today marks an fascinating new milestone inside Las Vegas’ long history of reinvention and evolution in addition to ensures Las Vegas’ meeting and tradition industry remains typically the envy of the world for decades in order to come, ” stated Rossi Ralenkotter, president/CEO of the LVCVA.
  • The Flamingo, upon the other hand, was torn straight down and rebuilt within the same place.
  • It was acquired by Las Vegas Convention in addition to Visitors Authority to create way for a new new convention center.

Stories associated with embezzlement and homicide followed the property till the late 60s. In 2010, typically the casino filed with regard to bankruptcy yet once more but even a purchase by Starwood Capital Group didn’t want to breathe life again into the hotel. When the Marina opened in 1955, organized crime outfits from across the particular country had already sunk their teeth in to” “the casinos in a takeover that experienced started the ten years before. Gambling income were skimmed to send home to be able to pay for their gangs’ illegal enterprises involving illegal gambling, drugs, prostitution, killers and everything more. The mobsters have been known to possess controlled the money-counting at the nearly all famous casinos within their day, including the Dunes, Sands, Desert Inn and Stardust — all of which usually have already disappeared coming from the Strip virtual betting.

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The casinos were cleaned up in the 1970s plus ’80s, courtesy regarding federal and state crackdowns on organized crime. The Riviera’s implosion signifies the most recent kiss farewell to what’s remaining one of the relics to Vegas’s mobster prior. Once known as a classic mafia joint, “The Riv” was also applied in” “about three of the almost all famous movies actually filmed in Todas las Vegas, including the Rat Pack’s original 1960 “Ocean’s eleven, ” the 1971 James Bond film “Diamonds Are Forever” in addition to 1995’s “Casino. ” The casinos were cleaned out in the 1971s and 1980s, good manners of federal and state crackdowns on organized crime. The Riviera’s implosion marks the most recent make out goodbye to what’s left among the artifacts to Vegas’ mobster past. Opening their doors on 04 20, 1955, typically the Riviera Hotel and Casino instantly started to be a symbol associated with opulence and amusement.

  • The Tropicana, although remodeled, still has areas of the original properties.
  • OrLasVegas. com has columnists, and blog owners to keep an individual updated on typically the best of Todas las Veags, Nevada.
  • Hence generating it among the most well-known and most well-known casino resorts ever before establishes in typically the Las Vegas strip.
  • A classic mob articulation, the Riviera’s put in place that seedy period is probably outranked from the Flamingo, historians said.

After the particular Stardust was imploded, foot traffic decreased, and it has been never the similar, he said. Checkout time, men forced carts of phase lights with the hotel lobby because the ultimate hotel guests stared. Representatives of Paragon Gaming, the business controlling the property because of its previous owners, Starwood Capital Group, brought in late well-wishers outside at noon as representatives of typically the state Gaming Command Board oversaw the closure. OrLasVegas. possuindo is a locally-owned plus operated directory plus information guide with regard to Las Veags, The state of nevada. Discover the best of Vegas shopping, eating places, night life, breweries, events, business, outside, fun, local life, real estate, transport, jobs, and” “universities. OrLasVegas. com provides columnists, and blog writers to keep you up to date on the best of Las Veags, Nevada.

The Two Implosions Of The Riviera Hotel And On Line Casino Of June Plus August 2016″

Las Vegas a continuum of creating and demolishing and building again plus evolving into whatever’s next and brand-new and in requirement. The Riv has been purchased by the particular Las Vegas Conference and Visitor Authority, and it’s predicted the site may be used to have an expansion of the Las Vegas Convention Centre. See more regarding our exhaustive, termes conseillés obsessive, coverage of the Riviera demolition.

  • In the finish, the Riviera hotel-casino proceeded to go out with a bang and a new whimper.
  • “The Riv”, as it was usually called, was opened in 1955 whenever piano star Liberace cut the bows back in the mob-days of Sin City.
  • After several yrs of financial battle there was no choice but to put the lock around the doors of the iconic building.

The hotel featured 100, 000 square feet of casino video games that included the most effective table games chances on the Las Sin city Strip, featuring baccarat and Pai Gow poker. The Marina Hotel & On line casino was home to be able to the 3 Lions Tattoo Studio, where artists delivered the very best portrait tattoo design in Las Las vegas. Rubio’s was obtained with the private collateral firm Mill Road Capital this year regarding $91 million plus taken private. In the fall regarding the first” “yr of the pandemic in 2020, the particular company filed for bankruptcy protection plus underwent a whole reorganization, rearrangement, reshuffling. Rubio’s attributed typically the problems to higher costs then mainly because well, citing minimum wage increases particularly as a factor.

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In 1969 Dean Martin was hired to perform from the casino plus was offered 10% of interest within the resort. He down the road withdrew from the particular deal after the particular management denied him or her the opportunity to reduce his 2″ “nightly shows to 1. In 1973, the Boston travel organization, AITS Inc., maintained by Meshulam Rikilis and Isidore Becker bought the holiday resort for $60M bucks. The Riviera Resort Las Vegas offered 150, 000 square foot of convention room, complete with cutting edge AV equipment, caterers services, and sweeping views of typically the Las Vegas Strip.

  • When The Riviera opened in 1955, arranged crime outfits coming from across the nation had already sunk their teeth into typically the casinos in a takeover that had started out the decade prior to.
  • The Riviera filed regarding Chapter 11 bankruptcy in July 2010 for the 2nd amount of time in its historical past, its holding organization listing $275 , 000, 000 in financial trouble.
  • Edwards impersonated Tina Turner at the particular Riviera in “La Cage” from 1987 until 2005, this individual said, if he, like much of the Strip, ventured south on Las Sin city Boulevard.
  • It’s an age reached by several properties along the particular four-mile stretch associated with hulking casino accommodations mimicking other life landmarks or beckoning passers-by with all their wants within one place which may have replaced Sin City’s recent past.
  • The attributes were knocked down to make approach for new improvements, all of which were stalled simply by the recession, which meant that Vegas’ overstimulated tourists stayed in livelier areas.

The Riviera registered for bankruptcy inside 1983, and aimed a middle-class demographic from that point on, which aided the property” “prosper. Changes included the addition of a Burger California king in 1984, producing the Riviera the particular first Strip home to feature the fast-food restaurant. During its heyday, the Riviera Hotel in addition to Casino was typically the epitome of Vegas extravagance.

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Springer’s staff will audit casino activity through the date of the particular Rivera’s last taxation about two yrs ago towards the final date with auditors reviewing records regarding table game and slot machine play. Shirley Springer, chief of the command board’s audit department, said five or even six auditors will devote an believed 1, 500 hours towards the Riviera seal. Edwards impersonated Barre?o Turner at the particular Riviera in “La Cage” from 1987 until 2005, this individual said, when he, such as much of typically the Strip, ventured south on Las Las vegas Boulevard.

  • Representatives of Paragon Gaming, the company managing the property for its previous owners, Starwood Capital Group, ushered late well-wishers outside at noon since representatives of the particular state Gaming Handle Board oversaw the closure.
  • A classic mafia joint, the Riviera’s place in of which seedy time will be probably outranked by simply the Flamingo, historians said.
  • The hotel battled to keep upwards with evolving consumer preferences and the changing landscape associated with the city’s enjoyment scene.
  • In the fall regarding the first” “12 months of the outbreak in 2020, typically the company filed regarding bankruptcy protection plus underwent an entire reorganization, rearrangement, reshuffling.

With its luxurious accommodations, sprawling casino floor, and world class entertainment, the Riviera quickly established by itself as a premier location for visitors from around the planet. The iconic Costa Hotel and Online casino closed its doors on May 4, 2015, after 60 yrs of ups, downs plus WTFs. The publicly-funded tourism agency blueprints to destroy typically the casino-hotel where Liberace and Frank Sinatra were once headliners and expand the particular Las Vegas Convention Center to typically the Strip. The attributes were knocked down to make approach for new improvements, all of which usually were stalled simply by the recession, which often meant that Vegas’ overstimulated tourists remained in livelier places. The property was acquired last calendar month by the LVCCA for $182. 5 million and this is currently rented back to the operators Paragon Gambling.

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Its story took in everything through the Mob in order to the Marx Friends; Joan Crawford managed its opening evening party on Apr 20th, 1955, although Liberace provided the particular entertainment. Rubio’s, in a statement Monday issued by mass media strategist Sitrick and Co., attributed typically the closings to typically the rising cost associated with doing business in California. As a college student in San Diego, Ralph Rubio found out fish tacos while on spring break within Baja California. And in 1983 this individual opened a modest walk-up stand, supporting popularize fish tacos in the united states and viewing his business, known during the last decade because Rubio’s Coastal Barbeque, grow to concerning 200 restaurants within California and a number of other states. “The amazing thing” “regarding Las Vegas is how soon this forgets itself because it keeps reform itself, ” stated Jeff Kutash, the particular dancer, choreographer and producer who introduced the aquatic phase spectacle “Splash” in order to a Riviera stage for 21 yrs.

  • LAS VEGAS — The last tower of the famous Riviera Hotel in addition to Casino was” “decreased to rubble during an overnight implosion on the Algunas Vegas Strip.
  • The property has been acquired last month by the LVCCA for $182. a few million and this is currently leased back to the operators Paragon Gaming.
  • He down the road withdrew from the deal after typically the management denied him or her the opportunity to reduce his two” “nightly shows to a single.
  • The Riviera went insolvent after it opened up but that didn’t end its mobster beginnings.

It was acquired by Algunas Vegas Convention plus Visitors Authority to make way for the new convention centre. In 1983, typically the resort filed with regard to Chapter 11’s bankruptcy protection the location where the” “after that owner Riklis asked for money that may keep the Riviera inside business. He thereafter appointed Jeffery Metallic as the TOP DOG with the expectations of him making the resort fantastic again. Silver observed that it had been better for him or her to middle plus working class bettors besides high rollers. On top associated with that, he released the opening regarding Burger King inside the Casino.

Entertainment

The company statement said the particular decision came following a “thorough review of its operations and the current enterprise climate. ” The” “Sitrick spokesperson said simply no Rubio’s executive can be available to comment. With the state’s mandatory minimum wage for fast-food staff set to increase to be able to $20 an hr, many restaurant chains are getting ready to increase prices. He came back to the similar stage one more time, a first given that the show closed in 2006. “It was just a gorgeous but ghostly encounter, ” he mentioned penalized on stage again. Its superstar wattage started with bejeweled piano guy Liberace, the property’s first headliner, and its marquee at some point included Frank Sinatra, Engelbert Humperdinck, Tony Orlando and Dolly Parton.

  • Checkout time, men pressed carts of phase lights from the motel lobby because the ultimate hotel guests stared.
  • The business statement said the decision came after having a “thorough review regarding its operations plus the current company climate. ” The” “Sitrick spokesperson said no Rubio’s executive can be available to review.
  • On top regarding that, he given the opening associated with Burger King within the Casino.
  • See more regarding our exhaustive, termes conseillés obsessive, coverage associated with the Riviera demolition.
  • The Riviera was purchased by the Las Vegas Convention plus Visitors Authority regarding $182. 5 , 000, 000.

In a surrealistic, you-don’t-see-that-everyday kind of approach, the storied Costa, a fixture upon the north end of the Remove for 60 years, closed its doors once and for all Monday. While we, too, do a good share associated with bemoaning when the casino closed, generally we dove headlong into the task of obsessively chronicling the casino’s months-long demolition, capturing The Riv as that transformed from a new run down relic to a paved-over parking lot. After a few months of demolition upon the Riviera site, the two remaining structures of this classic Las Las vegas hotel were imploded. “The Riv, ” as it is affectionately known, is a single of the oldest casinos in Vegas, the ninth to be built upon the Las Sin city Strip and the particular first high-rise making. The Riviera Motel and Casino liked a legendary recent as one of the first top-notch Las Vegas resorts in the Express of Nevada, identified for its large name entertainment in addition to friendly hospitality, as well as its worldwide name recognition. The shutting marks the most current sign of stress in a restaurant market that has been squeezed simply by the effects of pumping and higher labour costs.

Riviera Online Casino Closes Doors Right After 60 Years On Sin City Strip

From its grand starting to its ultimate closure, the” “Marina Hotel and Online casino encapsulates the rise and fall of the era in Sin City’s history. On the second house warming of Riviera’s shutting, we figured that was a great time to look back, to be able to reflect upon the history of an on line casino woven into the fabric of Sin City and in order to shamelessly try and increase the number of views of our own Riviera demolition video clip. The original offer for the property was made by Of detroit mobster William Bischoff but, if he withdrew, businessman Samuel Cohen, who was a member of Miami’s S&G gambling syndicate, overtook. However, when that didn’t work out there, the project had been absorbed by an investment group, even though rumors of Cohen’s involvement still persisted. In June fourteenth 2016, the spectacular Riviera Hotel and Casino’s 24-story Monaco Tower was organized to be established ablaze and imploded to the ground. This was completed in a party-filled atmosphere and a delighted mood using a fireworks show and also a VERY IMPORTANT PERSONEL area that reside audio, food, drinks in addition to showgirls who interested the viewers just before the fateful occasion.

Despite its drawing a line under, the Riviera Hotel and Casino remains to be a beloved sign of vintage Todas las Vegas glamour in addition to excitement. Its musical legacy lives on within popular culture, along with numerous references within films, television displays, and literature, helping as a prompt in the city’s rich history. While typically the physical structure may possibly no more stand, typically the memories and encounters created within the walls continue to captivate the creativeness of those that reveled in their splendor. Notable for its signature architecture and lavish amenities, the Riviera Resort and Casino performed a pivotal function in shaping the Las Vegas scenery, setting the stage for the city’s future” “as a possible entertainment mecca.

The Gold Associated With Las Sin City Entertainment: A Review Of The City’s Entertainment Scene In The 1955s And 1960s

The iconic seafood string Red Lobster — within a segment identified as casual dinner — filed with regard to Chapter 11 bankrutpcy last month right after closing dozens associated with locations. The company did not elaborate about the closures, which usually stunned some workers, but said they were “underperforming. ” The move emerged two months right after the state’s $20 an hour minimum amount wage took impact for fast-food employees. The property offers struggled in current years because the economic depression hobbled Las Vegas and development around that went dormant, deterring walk-in traffic.

  • The iconic Marina Hotel and Online casino closed its doorways on, may 4, 2015, after 60 many years of ups, downs plus WTFs.
  • The Riviera Hotel has been a proposal by simply William Bischoff, the Detroit mobster, plus was referred to as Odaie Blanca, an online casino by that period.
  • “The Riv, ” since it is affectionately known, is a single of the oldest casinos in Sin city, the ninth in order to be built upon the Las Vegas Strip and the first high-rise making.
  • The Riv was purchased by the particular Las Vegas Convention and Visitor Expert, and it’s expected the site will certainly be used for the expansion of the particular Las Vegas Convention Middle.
  • The Riviera Motel Las Vegas offered one hundred fifty, 000 square ft of convention room, complete with cutting edge AV equipment, wedding caterers services, and steady views of the particular Las Vegas Strip.

But the property opened without a sportsbook license and Money, Baby! The vice president associated with government relations and an executive with the company with regard to 17 years will join the cabale working to broaden fantasy sports countrywide. A $3 million liquidation sale regarding furnishings is planned to start from 9 a. m. Just a several minutes later, the call came on the loudspeaker — the particular Riviera was closed.

The Top Real Estate Property Loans Strategies For Las Vegas Homebuyers

The property hadn’t reported a profit since it emerged from bankruptcy in 2011. Furniture and fixtures within the casino-hotel are usually expected to be auctioned by NCL, National Content Liquidators, starting May fourteen until everything will be sold. The Las Vegas Convention plus Visitors Authority bought the 2, 075-room building and twenty six acres it rests on in February for $182. a few million plus $8. 5 million in related transaction charges.

  • “In February 2015, the Las Vegas Conference and Visitors Authority (LVCVA) purchased the particular 26-acre (11 ha) Costa, in a cost associated with $191 million.
  • The 60-year-old casino-hotel’s luster had faded, becoming the place to go for cheap drinks, inexpensive blackjack and a free photo-op right in front together with the ladies of topless revue Wild Girls, posteriors immortalized with a fermeté statue of their own behinds.
  • Long before the particular buns of bronze were loaded onto the back of the pickup truck’s trailer Monday, the Marina was among the first casinos in order to make this strain of desert glitter glue.

The Convention and Visitors Authority is expected to take possession regarding the building by June 8. A spokesman for the particular authority said zero timetable has been established for the demolition of the home. Initially, officials believed that could take place in August or even September, nevertheless the expert now says that could be the end from the 12 months or early following year before the Riviera comes down.

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It’s an era reached by several properties along the particular four-mile stretch of hulking casino accommodations mimicking other mundane landmarks or alluring passers-by with just about all their wants within one place which have replaced Sin City’s recent past. The Riviera also initiated the business type that helped Las vegas turn into an entertainment capital. Dean Martin was a part-owner with regard to a limited time as part of his exclusive residency.

  • The LVCVA’s plans for the home changed after that acquired other near by acreage.
  • OrLasVegas. com is a locally-owned plus operated directory plus information guide for Las Veags, Nevasca.
  • Springer’s staff will audit casino activity through the date of the Rivera’s last review about two yrs ago towards the shutting date with auditors reviewing records regarding table game in addition to slot machine have fun.
  • The Riviera emerged from individual bankruptcy in 1985, nevertheless filed again 20 years ago, amid an development project which gone over budget.
  • However, when that didn’t work out there, the project had been taken over by a good investment group, even though rumors of Cohen’s involvement still remained.

Additionally, financial challenges and supervision issues plagued the once-thriving establishment, major to a progressive decline in its reputation and guest numbers. Today had been the end regarding the infamous Marina Hotel and Casino, Las Vegas’ very first high-rise and one of Sin City’s most notorious mobster-owned properties. The resort imploded in the early hours of the morning, including a fireworks show. Yesterday at noon a single casino giant, which had been standing the test of time for sixty years, was closed. The legendary Costa Hotel & Online casino has crumbled below the pressure of economic crisis that provides been shaking Algunas Vegas over typically the last years.

The Influence Of Las Sin City On Modern Casino Design

The only two properties that nevertheless harken back to be able to Vegas’ mob era are the Tropicana and the Flamingo. The Tropicana, although renovated, still has regions of the original buildings. The Flamingo, on the other hand, was torn down and rebuilt in the same place. The tourism agency bought the a couple of, 075-room property throughout 26 acres last year for $182. 5 million, in addition $8. 5 , 000, 000 in related transaction costs, with programs to expand its Las Vegas Conference Center. In 1973, the Riviera has been sold to businessman Meshulam Riklis, who owned or operated it for the next two decades.

The shuttered casino’s owners, the Las Vegas Tradition and Visitors Expert, spent $42 million to level the 13-building campus. Caesars Palace isn’t the sole resort property inside the Caesars Entertainment sphere — it furthermore operates Paris Las Vegas,” “Harrah’s, the Horseshoe and The Linq. Simple regulations of supply in addition to demand might help to make observers think that will losing two resorts within 90 days would certainly have a considerable influence on the Remove market. Springer stated the Riviera has been required to file a new closure plan with the claim that included details on exactly how Riviera chips can be redeemed and excessive chips destroyed.

The Benefits And Cons Of Flipping Houses Within The Vegas Market

The Riviera emerged from bankruptcy in 1985, but filed again 20 years ago, amid an development project which went over budget. The property emerged inside 1993, under the new ownership associated with Riviera Holdings Organization. The property’s convention space was broadened in the late 1990s, which usually helped keep the particular resort profitable. The Riviera seemed to be web host to a number of live life entertainment, including woman impersonator Frank Marino (1985–2009) and also a topless revue known as Crazy Girls (1987–2015). The Riviera (colloquially, “the Riv”)[1][2] was obviously a resort and casino about the northern Las Vegas Strip in Winchester, Nevada. [3] That opened on 04 20, 1955, and included a nine-story hotel featuring 291 rooms.

The Riviera was the very first skyscraper in the Las Vegas Area, and was the particular area’s tallest building until 1956. Various hotel additions would be made in old age, including” “a 12-story tower within 1966, a 17-story tower in 75, and a 24-story tower in 1988. By the time of its closure in 2015, the vacation resort included a ciento tres, 800 sq ft (9, 640 m2) casino and two, 075 rooms. The hotel, known because “The Riv, ” was closed in May of 2015 by the Vegas Convention and Visitors Authority, which bought the property along with plans to use its 26 massive areas to expand the particular Las Vegas Conference Center. The CVB is spending around $42 million in order to level the thirteen buildings that help to make up the holiday resort, starting with the 24-story Monaco tower, which is the particular only part of the particular property that was imploded this early morning.

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A day later on, after the dust settled, we got what exactly is likely in order to be our final pass over typically the Riviera site with regard to posterity. Paragon is the latest inside a long line of operators, which provides included Meyer Lansky as well as the Chicago” “Clothing, while shareholders have included Dean Martin and the aforementioned Marx Brothers. The iconic Riviera Resort and Casino about the Vegas Remove will close Might 4th, its administration announced recently, simply two weeks following it celebrates the 60th anniversary.”

“Within February 2015, the particular Las Vegas Tradition and Visitors Specialist (LVCVA) purchased typically the 26-acre (11 ha) Riviera, at a cost regarding $191 million. The agency had plans to demolish the particular resort for a main expansion of its nearby Las Vegas Tradition Center. The Marina closed on May possibly 4, 2015, in addition to demolition was ongoing a year later. The 24-story tower was imploded on June 16, 2016, followed by the 12- and 17-story towers upon August 16, 2016. The LVCVA’s programs for the home changed after that acquired other close by acreage. The brand-new convention space had been built on the Riviera’s eastern portion, while 10 massive areas (4. 0 ha) alongside the Strip were put up for sale in 2019.

Hotel

The specialist is purchasing typically the Riviera along together with the 26 massive areas of land the house sits on with regard to $182. 5 mil. The acquisition of the house is part regarding the authority’s program to improve in addition to expand the impact of the conference center and the particular Las Vegas Worldwide Business District. The 23-story hotel, the initial high-rise resort around the Strip, was obtained in February with the Las Vegas Convention and Visitors Expert for $182. 5 million. The property will end up the front side door to an overhauled convention center compound, the $2. a few billion Las Vegas Global Business District. The Riviera joins a long line associated with iconic Las Vegas properties that have given that been demolished in addition to replaced with more recent, shinier casino accommodations.

The demolition from the Monte Carlo tower brought an finish to the Strip’s first high-rise and a single of Vegas’ many famous casinos. A classic mob joints, the Riviera’s put in place that seedy period is probably outranked from the Flamingo, historians said. The Tropicana will host a good additional liquidation purchase this weekend as the Rat Pack-era casino prepares because of its demolition to make means for the brand-new A’s ballpark. The authority is thinking of an implosion or perhaps a more standard demolition.

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