Original URL: https://www.theregister.com/1999/06/16/porn_site_operator_bids_high/

Porn site operator bids high for Caesar's casinos

Bizarre offer

By Tim Richardson

Posted in On-Prem, 16th June 1999 15:00 GMT

A porn site that reportedly makes $225 million a year now wants to get in to the gambling business. The company behind sex.com, Ocean Fund International, has issued a statement saying it had offered $3.6 billion to acquire a number of Caesar's casinos. This is despite reports the another company has already reached an agreement to buy the casinos from Starwood Hotels and Resorts for $3 billion. Analysts have dismissed the Ocean Fund offer as "bizarre", according to a report by AP.