COMING IN THIS WEEK’S BUSINESS PRESS
DON'T GO THERE: Being the Wall Street of fun is hurting Las Vegas. Government agencies and companies that received federal bailout money drew loud scoldings for plans to visit Sin City; a senator called one such trip an "extravagant junket." Economy watchers say the bad-mouthing is costing the valley business.
THIS WEEK'S BUSINESS PRESS POLL QUESTION
Log onto the Las Vegas Business Press Web site and let us hear your opinion on this week's question.
The list of gaming companies facing defaults on their loans -- or even bankruptcy -- continues to grow, with MGM Mirage and Riviera Holdings Corp. both filing Securities and Exchange Commission documents warning that they are in danger of defaulting on some of their debt. The recession is putting a great strain on the entire industry and many analysts and observers are speculating that many of the gaming companies will end up in bankruptcy court because of the heavy debt loads they built up during the boom times.
How likely is it that at least one or two of the major local gaming companies will be forced into bankruptcy before the economy recovers?
answer at www.lvbusinesspress.com/poll
