Station Casinos LLC’s reorganization plan received approval Thursday from state gaming regulators, clearing the way for the company to emerge from bankruptcy.
Casinos & Gaming
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Tonight’s unveiling of the newest version of Casino MonteLago is being hailed as the latest sign that Lake Las Vegas has put behind two troubling years of bad news.
A federal bankruptcy judge Wednesday approved Station Casinos Inc.’s plan to turn over its Aliante Station casino to lenders owed more than $378 million.
The owners of the Lady Luck will turn redevelopment of the long-shuttered downtown hotel and management of the casino over to Fifth Street Gaming.
George Maloof has been working marathon hours. Most days begin with lengthy 5 a.m. conference calls with the NBA, Sacramento and Anaheim officials, because of the three-hour time difference between the Pacific time zone and the NBA’s New York City headquarters.
