The Reno Gazette Journal posted an ominous article about the Silver Legacy, as did News 4, that the parent company of Silver Legacy owes $142 million in mortgage notes by March 1. As with any ominous post without a lot of detail (Silver Legacy is declining to comment at this time) people are applying a big sticker of DOOM to the situation, perhaps prematurely.
What are the chances the Silver Legacy could really close? Restructuring can be a good thing. I have very smart readers, and I'd love to get your take on what this all means, since the Silver Legacy is being tight-lipped.