Alexandra Berzon of the Wall Street Journal reports that Frank and Lorenzo Fertitta will likely retain control over Station Casinos in the aftermath of a year long bankruptcy proceeding. The founding family of Las Vegas casino owner and operator Station Casinos Inc. appeared poised to remain in control of the company as a bankruptcy judge […]
financial
European Ultimate Fight Nights
ESPN UK recently sat down with the UFC’s Managing Director in the UK, Marshall Zelaznik, and discussed his plans for the start of a European “Fight Night” series. “We’re working towards bringing together a series of UK and European Fight Nights. My hope is that, come October, we’ll be able to put some real heat […]
FEG Announces Partnership with PUJI Capital
Daniel Herbertson of MMA Fighting is reporting that FEG has reached an agreement with Chinese investment bank PUJI Capital that plans for PUJI to raise nearly $230 million in funds for the beleaguered organization’s newest international expansion plans. Tanikawa stated that changes should start from 2011 and that Japanese events will continue with K-1 on Fuji TV […]
Station Casinos Reaches Deal with Creditors
Steve Green of the Las Vegas Sun reports that the management of Station Casinos have reached a deal in principal with key lenders that will allow them to reorganize and retain control of the company. While the company didn’t disclose details, the arrangement with lenders holding $2.475 billion of debt secured by four of Station’s […]
Stratus Media Assumes Control of ProElite Board
In late 2009 it was announced that Stratus Media Group had purchased ProElite for $2 million. Now we’ve received word that Stratus Media has assumed control of the ProElite board and will look to bring relaunch the company in 2010. SANTA BARBARA, Calif.–(BUSINESS WIRE)–Stratus Media Group, Inc. (OTCBB:SMDI – News), a live entertainment company, announced […]