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Rolling The Dice With Insufficient Stakeholder Capital

08 May, 2012 — The combined failure of two well-financed industry titans (the Kraft Family and Wynn Resorts) to secure local support for a billion dollar casino is a classic example of acting in the public sphere on the assumption that you have your stakeholder ducks in a row, when in fact, you do not.

In this case, a first-class brand and seemingly endless financial backing lost out to what can best be described as developer impatience.

Kraft Casino Bid Fails Stakeholder Capital Test