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Saturday, July 09, 2005

Online Casino Makes Big for NHL Team

One of the oldest and longest operating online casinos (Casino Fortune - www.casinofortune.com) has launched a bid this past week to purchase the NHL franchise of the St. Louis Blues and the arena which they play in.

The casino executives responsible for the bid will be traveling to St. Louis this coming week to meet with the current owners to put out the deal. Some of the main areas of discussion in the deal will be the price for the purchase as well as the amount of dept that will come with the purchase of the St. Louis Blues.

“We will buy this team and begin incorporating our brand into uniforms and the name of the arena,” said Casino Fortune President, Dennis Rose. “We are one of the few online casinos that don’t allow any wagers on sports events, and that is because our business model has always anticipated us buying a sports team in U.S.”

The fact that the Maloof brothers made an acquisition of the Sacramento Kings is proof that a gambling operator can purchase and run a professional sports franchise.

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