It’s not every day that the nation’s seventh-richest billionaire tells college students the secret of his success was “never knowing anything” about the businesses in which he got involved.
Casinos & Gaming
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Bally Technologies Inc.’s focus on producing video slot machines featuring pop icons such as Michael Jackson and the Beach Boys helped the game manufacturer post record quarterly earnings and revenues.
Regional casino operator Pinnacle Entertainment announced Thursday it will acquire a 75.5 percent interest in a Texas racetrack for $22.8 million.
Agreements have been reached to suspend legal proceedings in three federal lawsuits against casino billionaire Sheldon Adelson and his companies. Both sides plan to resolve the disputes through binding arbitration.
WASHINGTON – Several Supreme Court justices seemed troubled Tuesday at the thought of letting a lawsuit move forward that aims to shut down an already opened tribal casino in southwestern Michigan.
Online gaming giant PokerStars, whose access to American customers was cut off by a federal indictment, is in settlement talks with prosecutors. Meanwhile, a deal involving a French investment group’s effort to buy troubled rival Full Tilt Poker fell through.
