William Bill Yung III

• 
  www.courierpostonline.com/article/20081016/OPINION/8101 - [Cached Version]
  Published on: 10/16/2008    Last Visited: 10/17/2008  

  Under the awful stewardship of Columbia Sussex owner William Yung III, the Tropicana quickly went from one of Atlantic City's hottest casinos to one of the most tarnished and poorly run. In an effort to maximize profits, hundreds of workers were laid off at the Tropicana and customers began complaining about the casino's sudden lack of cleanliness.
  
  When it came time to relicense the Tropicana, the Casino Control Commission ruled that Columbia Sussex wasn't up to the task of managing a casino property in Atlantic City in accordance with state-mandates standards and opted to revoke the license, forcing a sale.
  
  That Columbia Sussex did a poor job running the Tropicana isn't in dispute. The company has since appointed an entirely new board of directors and Yung has signed away his powers to control or influence the company he owns.

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  www.phillyburbs.com/pb-dyn/news/1-02232008-1492354.html - [Cached Version]
  Published on: 2/23/2008    Last Visited: 2/23/2008  

  William Yung III, who heads Crestview Hills-based Columbia Sussex Corp., has essentially placed a huge bet that newly elected Gov.
  ...
  "I make no apologies for helping get Steve Beshear elected," Yung told The Associated Press in an interview this week.
  ...
  If it passes, Yung would open a casino on a northern Kentucky site he bought just last month for $7 million.
  
  "Absolutely, we're gambling on it," Yung said."We don't know if it's going to pass or not."
  
  Yung may have worsened his odds with the land purchase and the political contributions, including a $10,000 donation to help pay for Beshear's inaugural party on the Capitol grounds.Casino opponents seized on his investments, claiming he is using his riches to buy his way into a new and potentially lucrative market.
  ...
  Yung would have to apply for a casino license just like anyone else, Beshear said.
  ...
  Yung called the property "prime real estate" that he can easily resell if Beshear's casino proposal flops.
  ...
  Yung contends the problems were the result of a work slowdown unionized workers when the company began reducing jobs to bring staffing levels at the Tropicana in line with similar casinos.
  
  Columbia Sussex has put both the Tropicana and Aztar casinos up for sale.Yung said he hopes to have buyers identified for both by the end of April and the sales finalized in June.More than two dozen potential buyers have expressed interest.
  
  After the company announced the proposed sale, the Indiana Gaming Commission suspended an investigation into complaints at Casino Aztar similar to those raised in New Jersey.If ownership changes, the agency said, there would be no need for an investigation.
  
  Nevada gambling regulators, also reacting to the New Jersey sanctions, began a probe of Columbia Sussex, which has six casino-hotels in Nevada, including the Tropicana on the Las Vegas Strip.
  
  Yung, a Kentucky native, said none of that has anything to do with his interest in opening a casino in his home state.
  ...
  Yung's $1 million contribution went to the Kentucky political group Bluegrass Freedom Fund that ran devastating television ads capitalizing on Fletcher's legal woes.

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  www.ftnnews.com/wspa214.htm - [Cached Version]
  Published on: 12/22/2007    Last Visited: 12/22/2007  

  Columbia Sussex CEO William J. "Bill" Yung III did not return a late-afternoon phone call and a faxed request for an interview on Monday, and did not respond to a call this morning.
  
  Sanibel Harbour , however, is listed as a company property on the Web site.

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  www.courier-journal.com/apps/pbcs.dll/article?AID=/2008 - [Cached Version]
  Published on: 2/2/2008    Last Visited: 2/2/2008  

  The group, called the Bluegrass Freedom Fund, reported this week that one contributor, William Yung of the Northern Kentucky casino development company Columbia Sussex, gave $1 million.
  ...
  Yung, the Northern Kentucky casino developer, was unavailable for comment about his contribution, according to a spokesman for his office at Columbia Sussex.
  ...
  William Yung, Naples, Fla., Columbia Sussex: $1,000,000

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  www.wkyt.com/home/headlines/15902492.html - [Cached Version]
  Published on: 2/23/2008    Last Visited: 2/25/2008  

  Will you get to take a spring break this year?
  ...
  William Yung III, who heads Crestview Hills-based Columbia Sussex Corp., has essentially placed a huge bet that newly elected Gov.
  ...
  "I make no apologies for helping get Steve Beshear elected," Yung told The Associated Press in an interview this week.
  ...
  "Absolutely, we're gambling on it," Yung said.

• 
  www.lcsun-news.com/apcontent/ci_8345027 - [Cached Version]
  Published on: 2/23/2008    Last Visited: 2/23/2008  

  William Yung III, who heads Crestview Hills-based Columbia Sussex Corp., has essentially placed a huge bet that newly elected Gov.
  ...
  "I make no apologies for helping get Steve Beshear elected," Yung told The Associated Press in an interview this week.
  ...
  If it passes, Yung would open a casino on a northern Kentucky site he bought just last month for $7 million.
  
  "Absolutely,
  
  AdvertisementGetAd('tile','box','/apcontent article',",'www.lcsun-news.com',",'null','null');
  
  we're gambling on it," Yung said."We don't know if it's going to pass or not."
  
  Yung may have worsened his odds with the land purchase and the political contributions, including a $10,000 donation to help pay for Beshear's inaugural party on the Capitol grounds.Casino opponents seized on his investments, claiming he is using his riches to buy his way into a new and potentially lucrative market.
  ...
  Yung would have to apply for a casino license just like anyone else, Beshear said.
  ...
  Yung called the property "prime real estate" that he can easily resell if Beshear's casino proposal flops.
  ...
  Yung contends the problems were the result of a work slowdown unionized workers when the company began reducing jobs to bring staffing levels at the Tropicana in line with similar casinos.
  
  Columbia Sussex has put both the Tropicana and Aztar casinos up for sale.Yung said he hopes to have buyers identified for both by the end of April and the sales finalized in June.More than two dozen potential buyers have expressed interest.
  
  After the company announced the proposed sale, the Indiana Gaming Commission suspended an investigation into complaints at Casino Aztar similar to those raised in New Jersey.If ownership changes, the agency said, there would be no need for an investigation.
  
  Nevada gambling regulators, also reacting to the New Jersey sanctions, began a probe of Columbia Sussex, which has six casino-hotels in Nevada, including the Tropicana on the Las Vegas Strip.
  
  Yung, a Kentucky native, said none of that has anything to do with his interest in opening a casino in his home state.
  ...
  Yung's $1 million contribution went to the Kentucky political group Bluegrass Freedom Fund that ran devastating television ads capitalizing on Fletcher's legal woes.

• 
  news.yahoo.com/s/ap/20080223/ap_on_re_us/gambling_on_ca - [Cached Version]
  Published on: 2/23/2008    Last Visited: 2/23/2008  

  William Yung III, who heads Crestview Hills-based Columbia Sussex Corp., has essentially placed a huge bet that newly elected Gov.
  ...
  "I make no apologies for helping get Steve Beshear elected," Yung told The Associated Press in an interview this week.
  ...
  If it passes, Yung would open a casino on a northern Kentucky site he bought just last month for $7 million.
  
  "Absolutely, we're gambling on it," Yung said."We don't know if it's going to pass or not."
  
  Yung may have worsened his odds with the land purchase and the political contributions, including a $10,000 donation to help pay for Beshear's inaugural party on the Capitol grounds.Casino opponents seized on his investments, claiming he is using his riches to buy his way into a new and potentially lucrative market.
  ...
  Yung would have to apply for a casino license just like anyone else, Beshear said.
  ...
  Yung called the property "prime real estate" that he can easily resell if Beshear's casino proposal flops.
  ...
  Yung contends the problems were the result of a work slowdown unionized workers when the company began reducing jobs to bring staffing levels at the Tropicana in line with similar casinos.
  
  Columbia Sussex has put both the Tropicana and Aztar casinos up for sale.Yung said he hopes to have buyers identified for both by the end of April and the sales finalized in June.More than two dozen potential buyers have expressed interest.
  
  After the company announced the proposed sale, the Indiana Gaming Commission suspended an investigation into complaints at Casino Aztar similar to those raised in New Jersey.If ownership changes, the agency said, there would be no need for an investigation.
  
  Nevada gambling regulators, also reacting to the New Jersey sanctions, began a probe of Columbia Sussex, which has six casino-hotels in Nevada, including the Tropicana on the Las Vegas Strip.
  
  Yung, a Kentucky native, said none of that has anything to do with his interest in opening a casino in his home state.
  ...
  Yung's $1 million contribution went to the Kentucky political group Bluegrass Freedom Fund that ran devastating television ads capitalizing on Fletcher's legal woes.

• 
  www.kentucky.com/news/state/story/326313.html - [Cached Version]
  Published on: 2/23/2008    Last Visited: 2/23/2008  

  William Yung III, who heads Crestview Hills-based Columbia Sussex Corp., has essentially placed a huge bet that newly elected Gov.
  ...
  "I make no apologies for helping get Steve Beshear elected," Yung said in an interview this week.
  ...
  "Absolutely, we're gambling on it," Yung said."We don't know if it's going to pass or not."
  
  Yung may have worsened his odds with the land purchase and the political contributions, including a $10,000 donation to help pay for Beshear's inaugural party on the Capitol grounds and $38,500 to the Democratic Party's Kentucky Victory 2007 fund.
  ...
  If the Kentucky legislature approves a constitutional amendment, and if voters ratify that amendment, then Yung would have to apply for a casino license just like anyone else, Beshear said.
  ...
  "Nothing was ever, ever promised me," Yung said.
  ...
  Yung called the property "prime real estate" that he can easily resell if Beshear's casino proposal flops.
  ...
  Yung contends the problems were the result of a work slowdown by unionized workers when the company began reducing jobs to bring staffing levels at the Tropicana in line with similar casinos.
  
  Columbia Sussex has put both the Tropicana and Aztar casinos up for sale.Yung said he hopes to have buyers identified for both by the end of April and the sales finalized in June.More than two dozen potential buyers have expressed interest.
  
  After the company announced the proposed sale, the Indiana Gaming Commission suspended an investigation into complaints at Casino Aztar similar to those raised in New Jersey.If ownership changes, the agency said, there would be no need for an investigation.
  
  Nevada gambling regulators began a probe of Columbia Sussex, which has six casino-hotels in Nevada, including the Tropicana on the Las Vegas Strip.
  
  Yung, a Kentucky native, said none of that has anything to do with his interest in opening a casino in his home state.
  
  "Obviously, I don't like to be the center of attention in everything, but I've got nothing to be ashamed of," he said.

• 
  www.kentucky.com/471/story/326442.html - [Cached Version]
  Published on: 2/23/2008    Last Visited: 2/23/2008  

  William Yung III, who heads Crestview Hills-based Columbia Sussex Corp., has essentially placed a huge bet that newly elected Gov.
  ...
  "I make no apologies for helping get Steve Beshear elected," Yung told The Associated Press in an interview this week.
  ...
  "Absolutely, we're gambling on it," Yung said.

• 
  www.herald-dispatch.com/homepage/x724207238 - [Cached Version]
  Published on: 2/23/2008    Last Visited: 2/23/2008  

  William Yung III, who heads Crestview Hills-based Columbia Sussex Corp., has essentially placed a huge bet that newly elected Gov.
  ...
  "I make no apologies for helping get Steve Beshear elected," Yung told The Associated Press in an interview this week.
  ...
  "Absolutely, we're gambling on it," Yung said."We don't know if it's going to pass or not."
  
  Yung may have worsened his odds with the land purchase and the political contributions, including a $10,000 donation to help pay for Beshear's inaugural party on the Capitol grounds.Casino opponents seized on his investments, claiming he is using his riches to buy his way into a new and potentially lucrative market.
  ...
  If the Kentucky legislature approves a constitutional amendment, and if voters ratify that amendment, then Yung would have to apply for a casino license just like anyone else, Beshear said.
  ...
  "Nothing was ever, ever promised me," Yung said.
  ...
  Yung called the property "prime real estate" that he can easily resell if Beshear's casino proposal flops.
  ...
  Yung contends the problems were the result of a work slowdown by unionized workers when the company began reducing jobs to bring staffing levels at the Tropicana in line with similar casinos.
  
  Columbia Sussex has put both the Tropicana and Aztar casinos up for sale.Yung said he hopes to have buyers identified for both by the end of April and the sales finalized in June.More than two dozen potential buyers have expressed interest.
  
  After the company announced the proposed sale, the Indiana Gaming Commission suspended an investigation into complaints at Casino Aztar similar to those raised in New Jersey.If ownership changes, the agency said, there would be no need for an investigation.
  
  Nevada gambling regulators, also reacting to the New Jersey sanctions, began a probe of Columbia Sussex, which has six casino-hotels in Nevada, including the Tropicana on the Las Vegas Strip.
  
  Yung, a Kentucky native, said none of that has anything to do with his interest in opening a casino in his home state.
  ...
  Yung's $1 million contribution went to the Kentucky political group Bluegrass Freedom Fund that ran devastating television ads capitalizing on Fletcher's legal woes.Internal Revenue Service records show Yung's contribution accounted for a third of the $3 million the group spent during the governor's race.
  
  "Obviously, I don't like to be the center of attention in everything, but I've got nothing to be ashamed of," he said.

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