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Gambler racks up $12.9 million debt, indictment in Las Vegas

A Canadian real estate businessman was indicted by a grand jury on charges he failed to pay back $12.9 million in gambling debts to two Las Vegas casinos, Clark County prosecutors Wednesday.

Interim financing OK’d for entity that was developing Newton’s estate

U.S. Bankruptcy Court Judge Bruce Markell on Monday approved a chief restructuring officer and interim financing for CSD LLC, the entity that was redeveloping entertainer Wayne Newton’s estate into a theme park and museum.

Las Vegas man’s hand plays out with jail time

NEW YORK – A Las Vegas man who processed money illegally for three Internet poker companies whose U.S. operations eventually were shut down was sentenced on Wednesday to five months in prison by a judge who said he played a “catch me if you can” game with the government.

Lenders’ conduct in foreclosure program angers justices

Mortgage lenders who try to foreclose on distressed Nevada homeowners received a message Tuesday when the Nevada Supreme Court heard a trio of appeals related to its Foreclosure Mediation Program: Follow the rules or suffer the consequences. A majority of justices expressed growing frustration and even anger with lenders who don’t participate in good faith.