Silver Legacy Strikes Deal to Get Out of Bankruptcy

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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.