Tag: bankruptcy

Novo-BR which operates several gaming venues in Belarus under the U Admirala brand has reportedly filed for bankruptcy. The firm’s owners have applied to the Economic Court of Minsk to initiate bankruptcy proceedings, while according to the Ministry of Taxes and Duties, the company has failed to pay its taxes. Novo-BR will be placed in bankruptcy protection from 13 June until...

In mid-May, a Bankruptcy Court judge approved bid procedures for the bankrupt Lucky Dragon in Las Vegas, clearing the way for a potential sale of the off-Strip resort. Speaking to local media, the property’s developer Andrew Fonfa stated that he had recently returned from Beijing, which “gives you an idea of some of the investment groups I’ve been talking to”....