Thursday, June 16, 2011

Players may be disciplined for gaming investment -- Yahoo Sports / Jason Cole

Posted by The Meck
Thanks RickeyStokesNews.com for the heads up on this breaking story.

Players may be disciplined for gaming investment - Yahoo Sports / Jason Cole
 excerpt ..
DOTHAN, Ala. – Wide receiver Terrell Owens(notes) is one of at least 25 NFL players who could be forced to divest and face discipline from the league in connection with an Alabama bingo and entertainment operation that is hoping to re-open late this month or in July.

Under the NFL’s rules barring an employee’s association with any gaming operation, Owens and other current players such as fellow wide receivers Santana Moss(notes) and Santonio Holmes(notes), defensive tackle Gerard Warren(notes) and linebacker Adalius Thomas(notes), could be forced to cease involvement. Owens did not respond to a phone call and email seeking comment. Other players could not be reached for comment through their agents.
According to multiple sources associated with the players or the operation, the athletes in question invested approximately $20 million total in a project now known as Center Stage, approximately 10 miles south of Dothan. Boxer Floyd Mayweather was also an early investor and has legally sought a return of his money. The project, which separately has a 20-year, $30 million bond that is being handled by the Lord Abbett investment company, was previously known as Country Crossing, but was shut down in February 2010 when electronic bingo halls in the state were closed for using illegal slot-machine lookalikes.
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Players may be disciplined for gaming investment - Yahoo Sports / Jason Cole
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The Meck Report / Blog - June 16, 2011 - 4:55p
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