LAS VEGAS — Billionaire Phil Ruffin said Monday that there is no deal to sell his New Frontier casino-hotel on the Las Vegas Strip to New York-based real estate group El Ad Properties. Ruffin had been scheduled to meet with El Ad executives on Tuesday, but said he canceled the trip to New York after it was apparent the deal would fall through.
"Any time a deal starts to wobble, there's always a problem they're not telling you about," Ruffin told The Associated Press. "It doesn't look like we have a deal."
And we were all set to buy the Sigma Derby (horse racing) game at the liquidation auction.
Ruffin: 'No Deal' on New Frontier Casino Sale (Yahoo! Finance)
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