UK Focus) 2009-04-01 00:28 UPDATE 1-Station Casinos, Riviera cite debt risks
ATLANTA, March 31 (Reuters) - Station Casinos Inc on Tuesday reported a $3.19 billion net loss for the fourth quarter as it wrote down the value of assets and reiterated it could file for Chapter 11 bankruptcy protection. The company said in a statement that it was in discussions with lenders and noteholders regarding restructuring its debt and that it was soliciting ballots in favor of a plan …
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Interesting gambling information:
- Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.
- Dice games have existed in one form or another for over 2000 years and were originally played with dice fashioned from the knucklebones of sheep.
- 1941: The Strip gets its first luxury hotel. El Rancho Vegas sets the trend for many of the themed resorts that sprout along the Strip in later years.
1942: The first wedding chapel, the Little Church of the West, opens on the Strip in the Last Frontier Hotel.
- The name of the game "Poker" likely descended from the French poque, which descended from the German pochen ("to knock"), but it is not clear whether the games named by those terms were the real origins of poker.