Printer Friendly

Black Gaming Announces Reorganization.

MESQUITE, Nev. -- On December 31, 2006, Virgin River Casino Corporation, RBG, LLC and B & B B, Inc. (the "Companies") announced the completion of a holding company reorganization whereby each of the Companies became direct or indirect wholly owned subsidiaries of Black Gaming, LLC ("Black Gaming"), a Nevada limited-liability company formed for the sole purpose of serving as holding company for the reorganization. Black Gaming has no other operations or assets other than its ownership interests in the Companies.

The reorganization was consummated in part to streamline the organizational structure of the Companies and to allow for consolidated financial reporting. The reorganization had no effect on management or operations of the Companies.

Virgin River Casino Corporation, RGB, LLC and B & B B, Inc., directly and indirectly own and operate the CasaBlanca Hotel & Casino, the Oasis Hotel & Casino, and the Virgin River Hotel & Casino in Mesquite, Nevada.

This release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Actual results in future periods may differ materially from forward-looking statements made today because of a number of risks and uncertainties. Additional information about factors that could affect business operations is set forth in the joint SEC filings of Virgin River Casino Corporation, RBG, LLC and B & B B, Inc.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jan 1, 2007
Words:215
Previous Article:Are High Tech Firms Now Anxious to Hire Management School Grads?
Next Article:Washington State's Butch T. Cougar Named Capital One Mascot of the Year.
Topics:


Related Articles
Chapman Financial reshuffles under Web.
NOTEBOOK: GAME-BIRD STAMPS ON SALE UNTIL JUNE 30.
BANKRUPTCY UNLIKELY TO BREAK ZANY BRAINY TOYS.
HIGH-TECH TOYS HASBRO'S FOCUS.
BRIEFCASE BORICK APPOINTED HEAD OF SUPERIOR.
LEGISLATURE COULD EXPAND LOTTERY.
Downfall of a black syndication Kingpin: driven into bankruptcy, The Heritage Networks struggles to regain its footing without ex-CEO Frank...
Chip McClure: WorldTrader of the Year.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters