Proposal for Underlying Parcel Jeopardizes Three-Way Purchase of Vegas Properties - 2004-03-07
Lawyers were rushing late Friday night to save the proposed purchase of Binion's Horseshoe to MTR Gaming Group and the World Series of Poker to Harrah's Entertainment.
Harrah's Entertainment representative Gary Thompson stated O'Donnell's involvement will kill the agreeement since MTR will not purchase the property from O'Donnell.
Harrah's western branch President Tom Jenkin stated for the record that the downtown casino will present the 2004 tournament and final two rounds of the 2005 tournament.
Read the full story at Miami Herald, FL