TITLE

UNDER NEW MANAGEMENT?

AUTHOR(S)
KNIGHTLY, ARNOLD M.
PUB. DATE
May 2009
SOURCE
Las Vegas Business Press (10712186);5/4/2009, Vol. 26 Issue 18, pP6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the impact of the economic crisis in the U.S. on the casino industry in Las Vegas, Nevada. It states that while some companies are talking to lenders about restructuring debt, some are talking to their attorneys about life after bankruptcy. According to Bill Eadingeton, director of the Institute for the Study of Gambling and Commercial Gaming at the University of Nevada in Reno, ownership will likely change in several companies. He notes that there may be spinoffs at Harrah's, Las Vegas Sands and MGM Mirage.
ACCESSION #
47881251

 

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