Three States Investigating Million Dollar Beshear Donor

COVINGTON, KY -- The hotel and gambling magnate who has poured $1-million dollars into electing and inaugurating Governor Steve Beshear may be gambling on Beshear and Covington to save his crumbling casino empire, reports the Lexington Herald-Leader in its Sunday edition.

Northern Kentucky hotelier William Yung's Crestview Hills-based Columbia Sussex owns 83 hotels and about a dozen casinos in five states and the Cayman Islands. He wants to add another casino to the list, in Covington, where three weeks ago he purchased several parcels of prime real estate for $7 million, reports the newspaper

All Yung needs is a license. And for casino gambling to be legalized in Kentucky this fall. This week, Beshear is to unveil his plan to expand gambling at racetracks and a select few cities.

Yung, 66, declined repeated requests to be interviewed for this article or to comment on it, the newspaper reports.

Since the '70s, Yung has amassed a $5 billion chain of hotels, mostly Marriotts, with 2007 revenue of $970 million and more than 15,000 employees. According to the company's Web site, it has 32,791 rooms.

His only interest, Yung has said, is "making money."

Previously a Republican supporter, Yung last fall poured $1,038,500 into Democratic political funds that helped get Beshear elected. Then he gave $10,000 to Beshear's inauguration fund, reports the Herald-Leader.

Copyright: The Lexington Herald-Leader

www.kentucky.com


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  • by Jim Location: London on Aug 2, 2008 at 07:00 AM
    Get real people, these people don't care about you or me. They care about Tourism and "networking" on our money. How many people really know how many parties and social functions that these people go to on our tax dollars.They eat the best food and drink the best alcohol while staying at the best motels/resorts/golf courses ect.(WITH THEIR LOVERS) on our tax dollars. This has went on for years and we put up with it. Meanwhile, our kids are being destroyed by drugs and sex. These so called" BIG WIGS" will cut education funds at the drop of a hat. But how often do you hear of Tourism funding being cut? Open your eyes!! Does your kid have to die before you get the picture? DRUGS ARE EATING OUR CHILDREN'S FUTURES AND BRAINS ...THESE FAT CATS DON'T CARE!!!!
  • by Mark Location: Corbin on Feb 15, 2008 at 01:28 AM
    Is the attitude " plan your work and work your plan" a better way of doing things? For example build the tunnel and they'll have to give us roads to get to it. Build a gigantic building without adequate parking and they'll have to do something about it. This is the way that Republican leaders have done it for years, let the public see a little bit and be forced to follow through with a whole lot! It's all a game they play with our lives, time will tell the end results about Beshear.
  • by Harly Location: Georgtown on Feb 14, 2008 at 02:14 PM
    GAIL, you make as much sense as MUD! How could you say beshear is better than Ernie when he comes through the door a "crook" and it took ole Ernie a little while to earn the crook status.
  • by kelli Location: ky on Feb 14, 2008 at 01:07 PM
    to all posters! pharmaceutical companies contribute every year and no one whines and cries about that, and as far as ky democrats caring people of kentucky, that is all we care about. when was the last time a REPUBLICAN helped any of you? Uncle Ernie didn't do a darn thing for me except screw my health insurance up and make my pay less!!!!!!!!!!!!!!!!!!!!
  • by Jeb Location: Ky on Feb 14, 2008 at 06:30 AM
    To Gail in Lawrenceburg: What don't you get. William Yung has spent $7M for land already so he can build a casino on it. Sounds to me like someone made a promise to him or he wouldn't have bought that land. Get the blinders off lady! Beshear is nothing but a wolf in sheep's clothing and all you blind people are follwing him around saying Baaaaaaah shear, Baaaaaah shear. You keep saying you could care less if this guy made donations to Beshear's campaign and you watch how fast this state is owned by special interest groups that could care less about the good of the Commonwealth.
  • by Mary Location: London on Feb 14, 2008 at 06:02 AM
    Cry me a river
  • by Bill on Feb 14, 2008 at 04:47 AM
    Heres the clincher, most democrats in Ky. think they are still voting for FDR,And the new deal???Wake up people most of your democrats today are socialist commies,and could care less about the people.They rely on your stupidity to get elected and robb us blind.
  • by Street Smarts Location: Kentucky on Feb 13, 2008 at 06:33 PM
    Folks all I got to say abot that is "YOU SHOULD HAVE VOTED REPUBLICAN" Beshear is a puppet on a string, why do you think he was strong on getting Alexander in office. It's the new puppet show, staring Beshear!!!!!!! The commonwealth of Ky. voted him into office, I feel that the commonweath of Ky. should come together as on party and have him removed from office, I'm sure there has to be some sort of law that we can come together and have them removed. If you don't agree with me then I don't want to hear you complain..........
  • by Gail Location: Lawrenceburg on Feb 13, 2008 at 06:29 PM
    1. Beshear is still better than Ernie. 2. I could care less if this guy made donations to Beshear's campaign. 3. Kentuckians already go out of state to gamble - why not bring the monies back to KY? As for making people poor, people should be responsibile for themselves. If people want to gamble, they will gamble.
  • by purpleheart Location: lily,ky on Feb 13, 2008 at 05:36 PM
    thats the the way the mob does it, Mr Beshear and his mob supporters.

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