Another actor is set to bow out from the world of games. This time it touched the Riviera Holdings Corp., which already has a number of casinos in Las Vegas and Colorado. Filed for bankruptcy, the so-called Chapter11 bankruptcy laws in the U.S. Court of Las Vegas. The current recession has forced many companies in the field of games of ‘chance to pay a pledge, this time really losing the mail more valuable, the very existence. There are many companies that sector from 2008 to now have been forced into bankruptcy. In this case, the main holdings of Riviera Holdings are the eponymous hotel-casino in Las Vegas and Riviera Black Hawk, Colorado.
The debts have risen to the enormous figure of 248 million dollars, that you can not proceed with the ordinary. Since the procedure was presented Chapter11 (not triggering the transfer of assets), the public hopes that the property can continue to operate as usual during the whole procedure.
The main reason given for the difficult situation which requires the company to search for liquidity is closely linked to the recession that has robbed the casinos and gaming halls in hotels attached.
But every shadow creates a zone of rest for others. In fact over the last two years there has been a boom in online gaming. Have multiplied the sites that let you gamble with many of the “hobbies” that were once only in theaters. It is not like being around a green table with lots of blacks and sunglasses dealer with the crisis but learns to adapt.
