International lender Credit Suisse has notified North Shore casino developer Don Barden he is in default of a $200 million bridge loan for the project according to a petition filed with the state Gaming Control Board.
The board today is considering a request by Mr. Barden to approve a new financing plan for the casino that includes a change in the company holding the license for the project. Mr. Barden would no longer be the majority owner of the casino, according to his spokesman.
Didn’t one of you suggest we put these slot machines in a warehouse somewheresabout?
Wait. Here we go:
I fail to understand why they just can’t put slots in a warehouse. I mean, all the gray-hairs are just going to go and push the flashing buttons…why even bother with the billion-dollar building.
At least this whole thing is quite entertaining to watch crater.
I don’t think Don Barden should be allowed to transfer the license.
He was awarded it, he defaulted, the runner-up should get it.
When Miss America is caught in a porn scandal, she doesn’t get to choose who gets the crown after she’s been stripped of it does she? “Um. Respectfully, I’d like to give the title of Miss America and the crown to my equally hot sister, Trina. I promise she’s worthy and she totally cares about peace in the Middle East … and the Iraq. KTHXBAI.”