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Online Casino News for Monday - January 24, 2005

More Online Casino News
• Vegas casino developer Wynn shuns celebrity chefs, tries to remake restaurant scene
• Placer casino manager posts strong Q4
• Declined Option Clears Way for Casino Sale
• Odds swing in favour of casino reform
Online Casino News
Declined Option Clears Way for Casino Sale - 2005-01-24
Park Cattle Co., the company that owns the land housing Caesars Tahoe, said Friday it wouldn't exercise an option to purchase the casino's 27.2-acre site. The site is across from the shore from South Lake Tahoe. The decision paves the way for the property to be sold to Kentucky-based Columbia Sussex Corp. for an estimated $45 million.

The proposed sale, which was first announced in November, is expected to close by the end of June pending regulatory approval.
Read the full story at Casino City Times, MA
 
Odds swing in favour of casino reform - 2005-01-24
The government looks like it is set to get its controversial gambling bill through its final Commons hurdle tonight, even though it could still face opposition in the Lords.

In a shortened debate on the bill's third reading, which will end in a vote at 10pm, both the Tories and Lib Dems are expected to back a watered-down bill. This bill would permit a trial of eight new casinos in each of the small, medium and large categories.
Read the full story at Guardian, UK
 







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2008-11-21