Silver Legacy Strikes Deal to Get Out of Bankruptcy

By: Staff Email
By: Staff Email

RENO, NV - Money troubles appear to be over for now for the Silver Legacy casino in downtown Reno.

Tuesday, the casino's owners announced a bankruptcy court has said yes to a deal to pay their creditors, with the help of their co-owned properties, the Eldorado and Circus Circus. They say their creditors are on board with the plan.

The property filed chapter eleven last spring after having problems paying bills totaling about $143 million.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 175503501 -
Gray Television, Inc.