Caesars Entertainment Company is proposing a new billion-dollar development on the site of the O'Sheas — a rundown, Irish-themed casino on the strip.  The new Linq development will be anchored by a massive 550-foot Observation Wheel, with passenger capsules capable of holding 36 people, decked out with high-definition video and audio. A ride on the wheel — which takes 30 minutes per revolution — is expected to draw 3-5 million visitors a year, changing the skyli...

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