04-20-2011, 05:00 PM
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Too lazy to set a custom title
Industry Role:
Join Date: May 2004
Location: West Coast, Canada.
Posts: 10,217
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I love this part as the timing of the indictments is so interesting...
Quote:
Wynn Resorts Ltd. (WYNN), owner of Wynn and Encore casinos in Las Vegas and Macau, announced on March 25 an alliance with PokerStars, the world?s biggest online poker business, to seek the legalization of Internet gambling in the U.S. Wynn said it terminated the accord on April 15.
Wynn Resorts ?hesitantly? partnered with PokerStars ?because there didn?t seem to be any interest in the government to enforce restrictions on the game of poker,? chief executive officer and founder Steve Wynn said yesterday on an earnings call, where he compared the situation to last century?s prohibition of alcohol. ?We?re trying to figure out what the hell the public policy is and then we can have a corporate policy.?
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