Speaking at the global gaming expo, casinos are told that there is still no silver lining in the recession cloud that has plagued the industry. Many casinos have already had to shut their doors, layoff staff and heavily restructure their debt in order to cope with lenders wanting their funds back. Many casinos are desperate to avoid bankruptcy since it ultimately drives away customers and demoralises employees who are working.

Many casinos have loans that are maturing in the coming months and years and have been advised by banks to consider restructure their debt to make it easier to manage their funds. A viable capital structure has been the keys to clearing the balance sheets of many of the much bigger banks to ensure investor confidence whilst in times of heavy foreclosure, bankruptcy and unemployment to much of the USA.

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