Two Way Hard Three | Las Vegas Casino & Design Blog

January 31, 2009

RJ: Analyst Believes Station Near Default

Posted by Hunter

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.


Read archived comments (3 so far)
January 31, 2009 10:20 AM Posted by hail2skins

AC Press indicates MGM considering selling some of the Marina land.

February 3, 2009 4:33 PM Posted by Mark D

Station Casinos did indeed miss the bond payment today, so they are probably planning to file for bankruptcy.

February 21, 2009 12:48 PM Posted by Admin

That is crazy. Oh well, guess I will not be visiting them anytime soon!!