J
Julio88
Guest
When a casino declares bankruptcy, it is typically unable to pay its debts and must liquidate its assets to pay off creditors. This can include shutting down the casino operations, selling off its physical assets such as furniture, gaming equipment, and real estate, and liquidating its financial assets such as cash on hand and investments. In some cases, the casino may be able to reorganize and continue operating while in bankruptcy, but this is not always the case. In any case, bankruptcy can have a significant impact on the casino's employees and customers, as well as its creditors.
