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Most Recent Online Casino News
Executives Unimpressed With Online Casinos Offer
A reported $400 million bailout offer by an online casino company is
getting a cool reception from Donald Trump's cash-strapped casino
company.
Casino Fortune, which is based in Trinidad, told numerous media
outlets last month that it was offering to replace DLJ Merchant Banking
Partners in a deal to prop up Trump Hotels & Casino Resorts.
At the time, Trump officials said only that they had been approached
by Casino Fortune.
But Trump Hotels Executive Vice President Scott Butera said Friday
the company's actual correspondence to Trump was thin on substance.
"What we received had no mention of anything like that. I know they
spent a lot of time in the press convincing you guys of what they said
they were offering. But what they wrote us was much, much different,"
Butera said.
Read the
entire article at:
Las Vegas Sun
2004 Online Casino News Archive
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