Tuesday, August 25, 2009

Atlantic City's Hilton casino defaults on mortgage

The Hilton Casino Resort disclosed in a financial statement filed with the New Jersey Casino Control Commission that it failed to make its monthly loan payment on July 9 due to the "severe impact of the current economic conditions."

Read more:
http://www.forbes.com/feeds/ap/2009/08/21/business-financial-impact-us-new-jersey-casinos-missed-payments_6804260.html

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