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Casinos & Gaming

Reid deals online poker plan

Senate Majority Leader Harry Reid, D-Nev., who has opposed online gambling in the past, has begun circulating a draft bill to legalize online poker. If passed, the bill would benefit some of Reid’s biggest backers during his recent re-election campaign, an industry analyst noted.

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Herbst Gaming expected to exit bankruptcy by ’11

The reconstituted Herbst Gaming is expected to exit bankruptcy by the end of the year as new management and owners focus on operating the casino company and slot machine route operator.