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The Chip Board Archive 12

Extra! Poster Financial To Sell GN Laughlin Extra!

To Barrick Gaming for $31 million dollars plus working capital.

Barrick will have a 24 month limited use licensing agreement for the Golden Nugget Laughlin name and brand but in the Las Vegas Sun news article (See below) a representative of Barrick says they hope to change the name sooner then the 24 months.

Barrick owns The Plaza, The Vegas Club, The Western and the Golden Spike casino/hotels in Downtown Las Vegas.

Press Release from Barrack Gaming
http://www.barrickgamingcorp.com/press/press-releases.php?IDRelease=65

Press Release From Poster Financial Group
http://phx.corporate-ir.net/phoenix.zhtml?c=177795&p=irol-newsArticle&ID=642828

Article From The Las Vegas Review-Journal
http://www.reviewjournal.com/lvrj_home/2004/Nov-11-Thu-2004/business/25231887.html

Article From The Las Vegas Sun
http://www.lasvegassun.com/sunbin/stories/sun/2004/nov/10/517803444.html

== Rick Schwarz R-5723 ==

Messages In This Thread

Extra! Poster Financial To Sell GN Laughlin Extra!
Re: Extra! Poster Financial To Sell GN Laughlin Extra!
Re: Extra! Poster Financial To Sell GN Laughlin Extra!
I seriously doubt that the Laughlin property
I believe the original sale included
Re: I seriously doubt that the Laughlin property

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