Las Vegas Monorail bankrupt; Ambac faces exposure – CNN Money
NEW YORK (Reuters) – Las Vegas, the U.S. gambling mecca whose neon-lighted fortunes have been dimmed by the weak economy, has suffered another blow with a bankruptcy filing by its monorail operator. The Las Vegas Monorail Co, the not-for-profit … More…
Station Casinos gets more time for restructuring – Contra Costa Times
LAS VEGAS Station Casinos says it has received a fourth extension from bondholders, allowing it to continue negotiating a restructuring plan and put off a bankruptcy filing. Company spokeswoman Lori Nelson did not discuss the duration or the terms … More…
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