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Inside the dome at the Silver Legacy. In 2012, the Silver Legacy failed to restructure $142.8 million in mortgage notes due March 1 through a public offering. [6] The Silver Legacy struggled with its debt load through 2012, eventually filing for Chapter 11 bankruptcy in May. [7] In October 2012, the Silver Legacy emerged from bankruptcy with a ...
In November 2015, Eldorado bought Circus Circus Reno and the 50% stake in the Silver Legacy that it did not already own from MGM Resorts International for $73 million. [15] [16] In May 2017, Eldorado acquired Isle of Capri Casinos for $1.7 billion in cash, stock, and assumed debt, adding twelve casinos to its holdings. [17]
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