Struggling GM Launches Internet Casino

Flint, Michigan, July 29, 2007 -- General Motors, the automotive behemoth that has been teetering precariously on the verge of bankruptcy for several years, will be taking the unusual step of diversifying its operations by launching an internet casino business in an effort to create a new cash cow that can be milked to keep its core operations alive.

According to Randy Mooman, spokesman for GM, the new casino is projected to provide sufficient revenue to keep GM afloat while it retools with new, more competitive automotive product lines.

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