Friday, July 31, 2009

Another Cautionary Casino Tale

Less than 48 hours before Las Vegas Sands (NYSE: LVS) -- a casino operator with a battered balance sheet -- was due to reveal second-quarter results, Station Casinos, which has a shakier balance sheet, filed for bankruptcy reorganization. The company filed for Chapter 11 on Tuesday, saying its casino operations won't be affected.

Read more:
http://www.msnbc.msn.com/id/32218494/ns/business-motley_fool/

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