California casino resumes expansion project

Written by John on 9:03 PM

20 February 2009

LINCOLN, California -- As reported by KTXL TV: "Good news for a change on the jobs front.

"Thunder Valley Casino in South Placer County will start up construction again after abruptly shutting down work on a one billion dollar expansion project.

"Construction of a 23 story hotel and nine story parking garage abruptly stopped just before Thanksgiving.

"...Thunder Valley is one of the top five casinos in the country, including Las Vegas...earning in an estimated four to five hundred million dollars a year. But it's not recession proof.

"...The hotel will shrink to 15 stories and 400 rooms, and the parking garage will be reduced to seven stories..."

Source: http://www.casinocitytimes.com/news/article.cfm?contentID=177123

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UK property tycoon faces lawsuit over spread bet bill

Written by John on 5:30 AM

9 Feb 2009

LONDON, England -- As reported by The Observer: "Property entrepreneur Paul Kemsley has become embroiled in a legal dispute over what is claimed to be an unpaid multimillion-pound spread betting bill. The action comes at a difficult time for Kemsley, whose UK property empire is under pressure as valuations tumble.

"One of the sector's most colourful characters, Kemsley's dispute has arisen over an alleged debt with online betting company Spreadex. Papers have been served and Kemsley is defending the action, which could be resolved next month..."

Source: http://online.casinocity.com/news/news.cfm?ArticleId=83489

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