Bloomberg News

Station Says Last Approval Cleared to End Bankruptcy

June 08, 2011

(Corrects final word of spokeswoman’s comment to say weeks.)

June 8 (Bloomberg) -- Station Casinos Inc., the biggest U.S. gambling company in bankruptcy, won the last court approval it needs to exit bankruptcy, a company spokeswoman said.

U.S. Bankruptcy Judge Gregg W. Zive in Reno approved a reorganization plan for Green Valley Ranch Resort, Spa & Casino that would sell the property to a group led by Station’s founding family. Lori Nelson, a Station spokeswoman, said the Las Vegas-based company would exit bankruptcy “in the coming weeks.”

To contact the reporter on this story: Steven Church in Wilmington at schurch3@bloomberg.net

To contact the editor responsible for this story: Andrew Dunn at adunn8@bloomberg.net


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