Las Vegas casino owner files for Chapter 11 bankruptcy

The Las Vegas-based casino owner seeks bankruptcy protection.

Jul 15, 2025 - 18:30
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Las Vegas casino owner files for Chapter 11 bankruptcy

Nevada casinos should not having as good of a year as they did final year, to this point, because the deliver's gaming safe earnings declined by 1.18% from July 2024 to May 2025 to $14.3 billion when put next with $14.47 billion within the fiscal year from July 2023 to May 2024, in line with data from the Nevada Gaming Withhold a watch on Board.

A decline in tourism within the basic five months of the year by 2.4%, as reported by Las Vegas Convention and Guests Authority, shall be pleased performed a position within the decline in safe earnings this year, which also shall be pleased triggered some casinos to reportedly originate layng off crew.

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