Florida Gaming, Silvermark Resume Miami Jai-Alai Sale Talks

Law360, New York (November 26, 2013, 7:47 PM EST) -- Florida Gaming Centers Inc., the bankrupt owner of Casino Miami Jai Alai, has resumed negotiations with casino operator Silvermark LLC, this time on a $129 million stalking-horse bid for a March auction of its assets, according to a motion filed Monday in Florida bankruptcy court.

A Dec. 11 hearing is scheduled for U.S. Bankruptcy Judge Robert A. Mark to consider the debtor's motion seeking approval of sale procedures, a March 25 auction date, and entry into an asset purchase agreement. Silvermark is currently the most likely...
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Case Title

Florida Gaming Centers, Inc.


Case Number

1:13-bk-29597

Court

Florida Southern

Nature of Suit

Date Filed

August 19, 2013

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