Gtech lottery, gaming units may be split in sale

Comment #4

Drivedabizness — Thu, 15 Sep 2005 17:30:50 GMT

Millionaire - Branson is the (supposedly) billionaire

Comment #3

Rip Snorter — Wed, 14 Sep 2005 18:55:04 GMT

Good to know George Orwell is alive and well elsewhere, outside the good old US of A.That's an impressive piece of entrepreneurship, a billionaire from a $1500 loan to start a business. Jack

Comment #2

Drivedabizness — Wed, 14 Sep 2005 16:06:24 GMT

All gone, unfortunately. Guy borrowed the $1,500 he put up initially when he, Victor and Bob started/bought the company. It's Orwellian - a guy accuses you of trying to bribe him. You say it didn't happen. He sues you for libel. He wins. Only in the UK.

Comment #1

Rip Snorter — Wed, 14 Sep 2005 12:30:41 GMT

The ruling ended a court case stemming from Branson's claim that Snowden tried to bribe him to keep Virgin out of the running for the U.K. lottery license when it was awarded by the government in November 1995.They must have thought he already wasn't honest. How much, one wonders, would a briber offer to try to compromise the integrity of an honest billionaire?In the same vein, imagine the profits that bribe would have had to come out of. Where are the Snowdens of yesteryear?Jack

Gtech lottery, gaming units may be split in sale

Lottery Post — Wed, 14 Sep 2005 11:21:00 GMT

If Gtech Holdings Inc. is sold, as recent reports suggest, it may be marketed in pieces to buyers interested in its global lottery operations and gaming equipment business, analysts told Bloomberg News.The Wall Street Journal published a report Tuesday indicating Gtech received an unsolicited expression of interest from Goldman Sachs Group Inc.'s private equity unit. Gtech, the world's biggest seller of computerized lottery systems, told Bloomberg News Monday it was considering an unsolicited... [ More ]