Letters hint Binion's future may rest on rent relief

May 2009
Las Vegas Business Press (10712186);5/11/2009, Vol. 26 Issue 19, pP17
The article reports on the operational and financial state of Binion, a casino located in Las Vegas, Nevada, based on the letters written by Brian Arlin, senior executive director for finance for Binion's parent TLC Casino Enterprises, to its landlords. In his letters, Arlin described the property's dire financial situation which needs rent relief for survival. Terry Caudill, owner of TLC, refused to comment on the situation. According to Arlin, they have been reducing staff and expenses in order to deal with this dilemma.


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