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Thursday, December 13, 2007

Casino Gambling



The biggest casino owner in Australia agreed to buy Cannery for $1.75 billion cash, doubling its gambling investments in North America.Crown to buy Cannery Casino Resorts to expand in the U.S. (International Herald Tribune)


Dec. 12 (Bloomberg) -- Crown Ltd., Australian billionaire James Packer's gaming company, agreed to buy Cannery Casino Resorts LLC for $1.75 billion cash, doubling its gambling investments in North America.Packer's Crown Buys Cannery Casino for $1.75 Billion (Update4) (Bloomberg.com)



posted by Jerry "Jet" Whittaker at 12/13/2007 05:45:00 AM

 

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Remember, you can beat the odds, but you can't beat the percentages.