Text: He bought several Strip properties the Silver Slipper and Castaways among them and demolished them to make way for a new kind of resort Mirage  which became an instant success.
Entailment: After buying some properties, he leveled them and replaced them with a much more successful type of resort.
Contradiction: He bought the Silver Slipper and Castaways, demolished them, but soon ran out of money and the sites still lay derelict to this day.