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The new M Resort in Las Vegas became the first sportsbook to unveil 'in-running' betting, which allows bettors to wager on the action as it happens.
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Steve and Elaine Wynn are getting divorced (again), but the pair's second breakup is not expected to affect Wynn Resorts business operations.
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The plan will result in the company losing ownership of its 15 casinos, but retaining control of its Nevada slot machine route.
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Cost-cutting measures and debt-refinancing programs may help the company work its way through the recession gripping the gaming industry.
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New owner Phil Ruffin took over the Las Vegas Strip resort last week after paying $600 million up front in cash.
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Progressive Gaming sold most of its assets to International Game Technology in January and has formally filed for bankruptcy liquidation.
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The state's racing commission sent lawmakers a proposal last week to allow 14,000 video slot machines at the seven racetracks across the state.
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A gaming analyst said the gaming giant will need the help of a bankruptcy court since 60 days is not enough time for it to restructure.
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Alan Krigman: 
