LA Casino Company Comes out of Bankruptcy
Majestic Star Casino LLC, a casino company based in Las Vegas and owns and manages several casinos in Indiana, Colorado and Mississippi, has recently come out of Chapter 11, parlaying what is reported to be a more robust balance sheet. The company has also announced that it now has the capacity to operate and maintain its viability amid the stiff competition that prevails in the gambling business. The new stakeholders of the company have confirmed that the company’s current liability is now pegged below $500 million.
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