Station Casinos Auction Receives Approval
The Las Vegas-based company Station Casinos Inc. now has the permission to auction off eleven of its gambling properties after the federal bankruptcy judge, Gregg Zive, approved their plans. The Las Vegas company owns a total of 18 casinos. A part of the plans involved dividing the company into two entities. One will hold the 11 casinos for sale while the other 7 will be held by another entity. Texas Station and Santa Fe Station are two of the casinos which are for sale.
Zive set the deadline for bids at July 30th. The judge will also conduct the auction which will take place in Reno, Nevada on August 6th.
Article by: Winiverse.com
Tags: approval, auction, station casinosRelated posts
Short URL: http://www.winiverse.com/?p=3951
Posted by Winiverse
on May 31 2010 Filed under Casino News, Latest News.
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