Nevada Business in Gaming

Las Vegas investor seeks approval of Riviera ownership stake
Casino investor and Las Vegas 51s owner Derek Stevens is asking Nevada regulators to approve his ownership stake in the financially troubled Riviera, a request his attorney admits may be "superfluous." Riviera Holdings Corp., which owns the Strip property, was recently forced to delist from the American Stock Exchange and is in discussions with its lender about a possible restructuring of its debts. The company has also defaulted twice on a loan.
[ source ] http://www.lvrj.com : July 10, 2009 |  Comments: (0)

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