Publishing & Broadcasting Buys Stake in Fontainebleau (Update3) (Bloomberg.com)April 17 (Bloomberg) — Publishing & Broadcasting Ltd., Australia’s biggest casino owner, agreed to buy a 19.6 percent stake in Fontainebleau Resorts LLC for $250 million, gaining its first holding in a Las Vegas gambling development.

The best places for embezzled money (MSN Money Canada)It was a victory for free trade, island style: the World Trade Organization ruling that the U.S. violated the General Agreement on Trade in Services by banning transactions with Internet gambling sites on the island of Antigua.

Lawmaker vows to overturn ban on online gambling (America’s Network)A senior lawmaker plans to try to overturn a US ban on online gambling, describing the law as “one of the stupidest things” he ever saw, an AFP report said.