In this Aug. 31, 2012 photo, Golden Nugget casino owner Tilman Fertitta speaks at a meeting in Atlantic City, N.J. Fertitta has allowed a rival Las vegas casino owner, Derek Stevens, to place a bet on Michigan to win the 2017 NCAA mens' basketball tournament that would pay Stevens $1 million if successful. Fertitta's Golden Nugget Las Vegas accepted the bet at Fertitta's direction. (AP Photo/Wayne Parry)
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