Winning Edge International, Inc. (fka WNED)

[loss_slayer]

http://uk.biz.yahoo.com/25052007/399/morgan-stanley-star-moves.html

A transatlantic match-up in the betting world puts together two larger-than-life Waynes: the UK sports betting brokerage Betbrokers (LSE: BETB.L - news) run by Wayne Lochner signed a letter of intent to buy Las-Vegas based sports information and tipping business Winning Edge for $6.5m run by Wayne Allyn Root.

Mr Lochner created Affinity Internet in the dotcom boom. It briefly had a paper value of almost £500m when its shares touched £82. Shareholders in Betbrokers include city entrepreneur Derek Tullett and former F1 team owner Eddie Jordan.

Wayne Allyn Root is a Las Vegas legend for his tipping business, known in the US as "handicapping"' He is a leading contender for the Libertarian party's presidential nomination.

For Mr Lochner, the deal extends its trading day and offers customers information and tips on US sporting events.

"It also gives us a firm and completely legal foothold in the US sports betting arena should the tight gambling regulations eventually be relaxed," he said.

Presumably, Mr Root is able to tip him the wink on when that might be.