text: **United Kingdom.**In October 2003, the Company entered into an agreement with 
  the Earls Court and Olympia Group, which operates large exhibition and trade 
  show facilities in London, to form a jointly owned company which would develop 
  an entertainment and gaming facility, which the Company would operate in space 
  leased from Earls Court and Olympia, to complement the existing Olympia facili- 
  ties. The Company made a deposit of £2 million ($4 million based on exchange 
  rates at December 31, 2004), which is refundable if proposed gaming law reforms 
  are not implemented by December 2005. Otherwise, the deposit will be applied to 
  the first year’s rent on a lease between the new company and Earls Court and 
  Olympia. The Company would make a nominal equity investment and would 
  provide a loan for half of the estimated development costs. The agreement is 
  subject to the implementation of proposed gaming law reforms and a tax structure 
  acceptable to the Company, and obtaining required planning and other approvals. 
  The Company owns 82.5% of the entity. 
  
  In November 2003, the Company entered into an agreement with Newcastle 
  United PLC to create a 50-50 joint venture which would build a major new 
  mixed-use development, including casino development, on a site adjacent to 
  Newcastle’s football stadium. Newcastle United PLC contributed the land to the 
  joint venture, and the Company made an equity investment of £5 million 
  ($10 million based on exchange rates at December 31, 2004), which is refundable if 
  certain conditions have not been met by January 2008. The Company would 
  develop and operate the complex, as well as own the casino development in leased 