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Most Recent Online Casino News

Executives Unimpressed With Online Casinos Offer

A reported $400 million bailout offer by an online casino company is getting a cool reception from Donald Trump’s cash-strapped casino company.

Casino Fortune, which is based in Trinidad, told numerous media outlets last month that it was offering to replace DLJ Merchant Banking Partners in a deal to prop up Trump Hotels & Casino Resorts.

At the time, Trump officials said only that they had been approached by Casino Fortune.

But Trump Hotels Executive Vice President Scott Butera said Friday the company’s actual correspondence to Trump was thin on substance.

"What we received had no mention of anything like that. I know they spent a lot of time in the press convincing you guys of what they said they were offering. But what they wrote us was much, much different," Butera said.

Read the entire article at: Las Vegas Sun 

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