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29
August 2005
Clooney Invests
In Casino Resort
Hollywood
actor George Clooney has invested an
undisclosed sum of money in a casino and
hotel resort in Las Vegas.
Clooney,
who played a casino robbing character in
the film Ocean's Eleven, will put an
undisclosed sum into the planned $3
billion Las Ramblas resort.
"I could
end up just losing my shirt on this whole
thing, but these guys are pretty good at
what they do," Clooney said. "It's going
to be an adventure."
The
project is expected to take five years to
complete.
Clooney
declined to say how much money he is
investing in the project but added he
wanted to have a serious stake.
The
actor is partners with real estate
developers Related Las Vegas and Centra
Properties, along with influential
nightclub owner Rande Gerber, husband of
model Cindy Crawford.
"We want
to be real investors, to have some
percentage of it," he said.
"You got
to put your money where your mouth is. How
much did I put in? A lot. A lot more than
I expected."
Clooney
said the hotel would be smart and
sophisticated.
"I
wanted it to be like old Vegas and old
Hollywood. It's going to be a classy
joint,» Clooney said from his home on
Lake Como in Italy.
Clooney
said Ocean's Eleven co-star Brad Pitt and
his other Hollywood friends had not
committed to buying into the
development.
"You
bet, I'd love them all to be there. We've
talked with Brad."
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