Wednesday, May 27, 2009

Nevada looking to allow institutions to up their casino ownership stake

Institutional investors can only own up to 15% of publicly traded casinos without a gaming license. Nevada is looking to grant waivers now for those with an ownership stake up to 25%.

Another way to tighten the noose on the neck of the shorts targeting these companies.

2 comments:

Anonymous said...

what happened today?

Unknown said...

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