According to the RJ, an analyst at Moody's believes that recently privatized Station Casinos is about to run out of cash.
Given the operating environment, I wouldn't be surprised.
Categories: Business of Gaming, Station Casinos
Tags: lasvegas, stationcasinos, vegas
AC Press indicates MGM considering selling some of the Marina land.
Station Casinos did indeed miss the bond payment today, so they are probably planning to file for bankruptcy.
That is crazy. Oh well, guess I will not be visiting them anytime soon!!
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