Lion Slots features interactive slot machines called i-Slots.
Play Now at Superslots Casino
New players voted this site the most exciting casino online.
Play Now at Golden Casino
Golden Casino is the most trusted online gambling site on the internet.
Your Ad Here?
Boyd Gaming Corp and other lenders have filed court papers this week to fight Station Casinos’ proposed reorganization plan to bid on their own assets that will be auctioned off through bankruptcy proceedings.
Earlier this week Station had proposed to bid on the properties through a new company comprised of Station’s owners and Colony Capital.
However the filings claim that the plan will taint the auction process and rig the outcome in favor of the current owners.
One claim in the filings by rival Boyd Gaming who has been trying to purchase the company for some time, says that the proposal includes the transfer of significant “OpCo” assets including information technology systems, intellectual property and customer databases from the properties being auctioned off to “PropCo” properties that will remain with the current owners.
“PropCo” properties including the Red Rock Resort, Sunset Station, Boulder Station, Palace Station, the Wild Wild West and land at Cactus Avenue and Las Vegas Boulevard will not be a part of the auction.
Boyd’s filing said “Interested bidders will not be bidding on a fully-operational OpCo, but on only a skeleton of OpCo that will require a potential acquirer to rebuild the OpCo infrastructure in order to allow OpCo to function properly.”
Related posts:
