Even in these tough times one casino has managed to get a 77 million dollar loan. Can we say Casino Market Mentality over there on Wall Street. This round of funding was led by Bank of America which I find purely disgusting because of their recent problems.
More Details:
Despite tight financial markets, the Shingle Springs Tribal Gaming Authority closed Tuesday on a $77 million loan from a group of lenders led by Bank of America.
The tribal authority for the Shingle Springs Band of Miwok will use the credit to buy furniture, fixtures and equipment for the Red Hawk Casino, which is under construction in Shingle Springs.
Source: Biz Journals
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