Nev. Gaming Regulators OK Station Casinos Ch. 11 Plan

Law360, New York (May 27, 2011, 12:29 PM EDT) -- Station Casinos Inc. won approval from Nevada gaming regulators Thursday for its restructuring, which will see the company go to the founder's sons, as it continues to clear a path out of bankruptcy after the financial crisis and a failed debt deal helped drag it down nearly two years ago.

The Nevada Gaming Control Board and the Nevada Gaming Commission placed their bets on Station a day after the bankruptcy court signed off on a prepackaged restructuring plan that covered all but one of the debtor's...
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