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Herbst Files Chapter 11/Sports Betting only allowed in 4 states
bonzerwolf
Herbst Gaming, owner of Primm Valley Resorts, Terrible's and 11 other casinos, filed Chapter 11 bankruptcy this month. This formalizes an agreement announced last week. Current management will remain in place, although ownership of the casinos will revert to creditors, while the Herbst family retains majority ownership of the slot routes. Operations at the casinos are expected to continue as usual and the three Herbst brothers will retain their positions with company, at an average salary of $700,000 each.

New Jersey state Sen. Raymond Lesniak has filed suit in federal court, seeking to overturn the law that allows sports betting in only four states (Nevada, Delaware, Montana, and Oregon). Lesniak argues that the law is unconstitutional because it extends extraordinary privileges to a handful of states.

Much of Las Vegas plunged into darkness Saturday night for one hour as the city known for its lights took part in Earth Hour.

Everyone was asked to turn off outdoor lights and any inside lights that weren't being used between 8:30 p.m. and 9:30 p.m. Even the famous Welcome to Fabulous Las Vegas sign even went dark.

Many of the casino properties, on and off the Las Vegas Strip, took part in the event.

"The specific actions that we are calling for is from the national level to address climate change as well as the international level," said Nick Sundte with the World Wildlife Fund.

Officials hope that turning off the lights will help raise awareness about global warming and climate change.

Earth Hour was a worldwide energy conserving campaign. Nearly 4,000 cities and towns in 88 countries took part in the event. In Sydney, Australia, the lights were turned off at the famed Opera House.

China also took part in the campaign for the first time. Officials there turned off the lights at Beijing's Bird's Nest Stadium and Water Cube which were prominent venues for the 2008 Olympics.

All show and no go, this was a bust. The casinos only participated so they could shave an hour's electricity off their huge utility bills. Vegas is being hit hard by the economy. Unemployment has surpassed 10%, and the most housing prices are down 40% from their previous highs.



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