With bankruptcy hanging over the heads of a number of operators in Nevada, the state’s gaming control board is putting together a team of experts to handle the situation.

The team will consist of securities experts, auditors and other staffers who can deal with bankruptcy proposals as well as debt restructuring.

“Unfortunately, Nevada gaming and tourism have not been spared consequences of the ongoing economic challenges facing the country,” said Dennis Neilander, chairman of the Nevada Gaming Control Board. “Already, there are a few large gaming companies in bankruptcy, along with a few smaller licensees. More are anticipated.”

Neilander warned that addressing these issues might disrupt some more routine operations, but it is necessary to protect the integrity of the state’s main industry.

By Casino Connection Staff