Loonie Won't Impact NHL Salary Cap Much Ware Liked Broncos' "Now" Mentality Bryant Calls Out Lakers Management Mariners Unveil TV Spots For '14 Season Silver Touts Tech As Key To NBA's Future Rays Unveil New Slogan, Ad Campaign Colts' Season Ticket Renewals Up MLS Union Considering Team Mascot Canucks Terminate Aramark's Contract Red Sox Experiment With PA Pitch Calls
Upcoming Conferences and Events
ITT READY TO STOP TAKING SPORTS BIDS AT CAESARS
Published January 31, 1995
ITT Corp. said it has reached a "general understanding" with NHL and NBA officials to "eventually stop taking sports bets at Caesars Palace and its other Nevada casinos," according to this morning's WALL STREET JOURNAL. The agreement reportedly leaves open the "possibility that ITT will be able to help its customers place sports bets at other casinos." ITT's deal for Madison Square Garden -- which includes the Rangers and Knicks -- could be finalized this week. The deal had been delayed since ITT's acquisition of Caesars World, as both the NHL and NBA "bar team owners from owning businesses that take bets on sporting events" (WALL STREET JOURNAL, 1/31).