Nevada gaming regulators approve Harrah’s plan to buy Planet Hollywood in Las Vegas – Reno Gazette
LAS VEGAS (AP) Nevada gambling regulators have approved a Harrah s Entertainment plan to buy the troubled Planet Hollywood Resort & Casino in Las Vegas and take over its remaining debt. Under the plan, Harrah s will convert into equity $306 million of Planet Hollywood s debt that it bought
Comments
One Comment on Nevada gaming regulators approve Harrah’s plan to buy Planet Hollywood in Las Vegas – Reno Gazette
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Cameron Love on
Fri, 19th Feb 2010 1:22 pm
I am a bit perplexed about these consolidation of casinos. I have been witnessing for the last couple of months that casinos are going for merger / acquisitions. Is this a good sign or a bad omen? Is this the sign of recovery for the recession-ridden casino industry? If yes, then what is the requirement of casino consolidation.
Tell me what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!
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