TITLE

Letters hint Binion's future may rest on rent relief

AUTHOR(S)
SPILLMAN, BENJAMIN
PUB. DATE
May 2009
SOURCE
Las Vegas Business Press (10712186);5/11/2009, Vol. 26 Issue 19, pP17
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the operational and financial state of Binion, a casino located in Las Vegas, Nevada, based on the letters written by Brian Arlin, senior executive director for finance for Binion's parent TLC Casino Enterprises, to its landlords. In his letters, Arlin described the property's dire financial situation which needs rent relief for survival. Terry Caudill, owner of TLC, refused to comment on the situation. According to Arlin, they have been reducing staff and expenses in order to deal with this dilemma.
ACCESSION #
44335507

 

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