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Developer Getting Loan for Horses on Newton Estate | News

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Developer Getting Loan for Horses on Newton Estate
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LAS VEGAS (AP) -- A developer planning to turn entertainer Wayne Newton's property into a tourist attraction is borrowing $1 million for upkeep of 51 Arabian horses at the crooner's Las Vegas estate.

The Las Vegas Sun reports that Clark County District Court Judge Elizabeth Gonzalez decided Tuesday not to rule on the loan.

But Newton lawyer J. Stephen Peek welcomed that decision.

Peek says Newton's developer partners wanted the judge's endorsement so they could push Newton and his wife off the 40-acre property.

The developments came in lawsuit filed in May by CSD LLC alleging mismanagement, animal abuse and interference by Newton and his family.

The company bought the property for $19.5 million in June 2010 with plans to convert it into a "Graceland West."

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