C
l
u
b
O
n
e
C
a
s
i
n
o
51 tables
3950 N Cedar
559-497-3000
1 3 NLH. $50-500 buy-in.
2 5 NLH. $200-1000 buy-in.
To:
Valley Public Radio News <email address not displayed>
Your Name:
Email address:
Subject:
Message:
Valley Public Radio News wrote on the message board: > The Club One Casino in downtown Fresno has filed for Chapter 11 > Bankruptcy but the casino’s owner says this is not a sign of > trouble. > > In a Bankruptcy filing, the Club One Casino detailed more than > $9-million in debt it owes to its top 20 creditors. > > Chapter 11 allows a business to reorganize that debt. > > Casino owner Kyle Kirkland says they have no intention of closing. > > “We have been open 7300 days in a row. We are not going to close”, > Kirkland said. > > The casino’s attorney Hagop Bedoyan says the filing is to clear up a > conflict with the previous owner not a sign of trouble for the > facility. > > “It’s a huge contributor to the community both in pay roll and tax > revenue. And it absolutely has no plans to shut down. It’s very > viable,” Bedoyan said. > > Bedoyan says the casino puts a $500,000 in pay roll a month into the > community as well as paying more than a million dollars a year in > taxes. > > The Casino also pays the City of Fresno more than one-million dollars > in a year in ‘table tax’. > > City Manager Bruce Rudd says they believe the casino will make good on > those promises. > > “They are committed to continue to meet all their obligations. This > is just one of those things that is available to them under law to > help them meet their liabilities,” Rudd said. > > The Club One Casino has been a downtown fixture for two decades. > >
Code:
Enter the following code:
(required)
Consider sharing your comments with the other readers of the message board. They may benefit from your insights
If you decide
not
to send email,
post a follow up
instead, or return to the
original message
oOo
