Trust The Source
Editor's Choice: Casino of the Month!
 For News You Can BET On!TM

         
NewsDelivery Service
Enter your e-mail address:

 
 
  Home
 
  Top Stories
  Other Stories
  Spotlight Articles
  Featured Casino
 
  Article Archive
  Spotlight Archive
 
  Free Casino Download
  Free Newsletter
  Free Online Games
  Free News Ticker
 
  Advertising
  Affiliate Program
  Link to Us
  Banner Exchange
 
  Feedback
  Advertising
  Affiliate Program
  Contact
  Privacy Statement


    Top Stories

Donald Trump sells stake in Vegas company

4/12/2004 (www.lasvegassun.com) Donald Trump last week sold his 10 percent ownership stake in Las Vegas-based Riviera Holdings Corp., netting about $900,000 in profit on the $2.7 million he invested in the company's shares in 2002 and 2003.

Trump and Riviera executives were not immediately available for comment, but in documents he and his Trump Hotels and Casino Resorts Inc. submitted to the Securities and Exchange Commission, Trump and his company said they sold all of their 358,000 Riviera shares on April 5.

Trump said two years ago that he liked Riviera as an investment and also wanted to take advantage of the Riviera opportunity to obtain a Nevada gaming license.

Trump Hotels and Casino Resorts earlier this year received its Nevada gaming licenses by virtue of the greater-than 10 percent stake in Riviera.
 Full Story

 Send this story to a friend ...
 Comment on this story ...



News Brief
Harvard study says college gambling worries overblown 4/16/2004
Online Gambling Sites Allege Google And Yahoo Are Caving To Feds 4/15/2004
Bellagio is back 4/15/2004
 
Spotlight
Casino exec suggests online gambling plan... More
Lawmakers Take Another Look at Net Gambling... More

 Weekly Poll
 Are you in favor of a ban on online gaming?
  No
  Yes 
  [Results]
Featured Casino

 Today's Quote
"Money is a terrible master but an excellent servant." - P.T. Barnum

 
         

     
News Archive

 
  Gaming Hot Spot
More News
Gambling addict jailed for fraud 4/15/2004
Anti-gambling group pressures legislators 4/14/2004
Wynn remains skeptical of British opportunities 4/14/2004
Illinois casino fuels fears of links to mob 4/14/2004
Ellis Island, Tuscany in deal 4/13/2004
Casinos Get Greedy 4/13/2004
Man bets all on roulette and wins 4/12/2004
Casinos Bet on Gambling Addiction Web Site 4/12/2004
Mystery outage cripples Bellagio 4/12/2004
Donald Trump sells stake in Vegas company 4/12/2004

   Home | Top Stories | Archive | Advertising | Contact


The information presented on this site is for information purposes only.
Any use in violation of state or federal law is prohibited.

Copyright 2011, CasinoNews.Org
All Rights Reserved.