TITLE

HERBST GAMING EXPLORING ALL OPTIONS

AUTHOR(S)
Stutz, Howard
PUB. DATE
September 2008
SOURCE
Las Vegas Business Press (10712186);9/1/2008, Vol. 25 Issue 35, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the September 30, 2008 deadline being faced by Las Vegas, Nevada-based Herbst Gaming to come up with a financial restructuring plan covering nearly $1.2 billion in debt. It mentions that the casino and slot machine-route operator was looking at a possible bankruptcy filing in March 2008. It states that talk of asset sales was eliminated by collapsed credit markets and declining casino values.
ACCESSION #
34793980

 

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