Welcome to our website for all Casino in the Portuguese Riviera which inspired Ian Fleming’s James Bond novel Casino Royale Answers. Since you are already here then chances are that you are looking for the Daily Themed Crossword Solutions. Look no further because you will find whatever you are looking for in here. Our staff. Read More 'Casino in the Portuguese Riviera which inspired Ian. Definition of Riviera in the Definitions.net dictionary. Meaning of Riviera. What does Riviera mean? Information and translations of Riviera in the most comprehensive dictionary definitions resource on the web. Welcome to our website for all Casino in the Portuguese Riviera which inspired Ian Fleming’s James Bond novel Casino Royale Answers. Since you are already here then chances are that you are looking for the Daily Themed Crossword Solutions. Look no further because you will find whatever you are looking for in here. Our staff. Read More 'Casino in the Portuguese Riviera which inspired Ian. Riviera Holdings Corporation is a casino operator based in Winchester, Nevada. It owns two casinos, the Riviera on the Las Vegas Strip, and the Riviera Black Hawk in Black Hawk, Colorado. Riviera opened its second casino, in Black Hawk, Colorado, in February 2000.

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Riviera Holdings Corporation is a casino operator based in Winchester, Nevada. It owns two casinos, the Riviera on the Las Vegas Strip, and the Riviera Black Hawk in Black Hawk, Colorado.

History

Casino In The Portuguese Riviera Crossword

Riviera opened its second casino, in Black Hawk, Colorado, in February 2000.^[1]

As of October, 2005 the company had $200 million in annual revenues and 1,600 employees.

On April 6, 2006 Riviera Acquisition Holdings announced a $427 million buy out offer that has been accepted. The offer included cash and assumption of existing debt. But on August 29, shareholders rejected the offer, after an acquisition company affiliated with BT Holdings LLC of Boston, Massachusetts made an offer of $20 a share. [1]

Facing losses from the recession, Riviera began defaulting on its debt in February 2009.^[2] In July 2010, Riviera filed for Chapter 11 bankruptcy protection, listing $275 million in debt.^[2] A reorganization plan led by Starwood Capital Group enabled the Riviera properties to remain open for business. Starwood emerged with a 75% stake in Riviera, with another 21% held by Derek Stevens, owner of the Golden Gate casino.^[1]

In September 2011, Riviera agreed to sell its Black Hawk casino for $76 million to Monarch Casino & Resort, owner of the Atlantis Casino Resort in Reno.^[1]

References

1. ^ ^abcSieroty, Chris (30 September 2011). 'Riviera Holdings sells Colorado casino for $76 million'. Las Vegas Review-Journal. http://www.lvrj.com/business/riviera-holdings-sells-colorado-casino-for-76-million-130857898.html. Retrieved 7 October 2011.
2. ^ ^ab'Riviera Bankruptcy may put Starwood in control'. The News-Times. 13 July 2010. http://www.newstimes.com/business/article/Riviera-Bankruptcy-may-put-Starwood-in-control-575935.php. Retrieved 7 October 2011.

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