TITLE

Filing suggests Herbst Gaming faces hurdles

AUTHOR(S)
Stutz, Howard
PUB. DATE
April 2008
SOURCE
Las Vegas Business Press (10712186);4/7/2008, Vol. 25 Issue 14, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the possibility for casino operator Herbst Gaming to file for bankruptcy protection unless it can reorganize a payment structure for its more than $1.146 billion debt. According to it, several factors have negatively affected the firm including the failing economic conditions. It states that the company needs to file reports with the U.S. Securities and Exchange Commission (SEC) since it holds $800 million in public debt.
ACCESSION #
31784959

 

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