Two Way Hard Three | Las Vegas Casino & Design Blog

July 28, 2009

Station Casinos Files Chapter 11 Bankruptcy

Posted by Hunter

Not much detail but the troubled Las Vegas locals operator has filed for protection and reorganization under the bankruptcy code.

Station 'went private' in 2007 as part of a $9 billion deal.


Read archived comments (1 so far)
July 28, 2009 3:24 PM Posted by parchedearth

Apparently, the debtholders rejected the prepackaged BK plan so it should be interesting to see whether they wipe out the equity positions of Colony and the Fertittas.