![]() ![]() The property, which opened in December 2001, is a 50-50 joint venture between Station Casinos and the Greenspun Corp. Station Casinos receives 2 percent of the property’s revenues and 5 percent of its cash flow for managing the 572-room Henderson hotel-casino. “Therefore, there will be no impact to the property, its team members, guests or vendors.” “Green Valley Ranch Resort, the property itself, is not in bankruptcy,” Nelson said. The hotel and casino will remain open during the reorganization. ![]() ![]() Station Casinos spokeswoman Lori Nelson said the latest filing is part of the company’s planned reorganization. GV Ranch Station filed for bankruptcy in Reno, where the gaming company filed for bankruptcy in July. GV Ranch Station Inc., the Station Casinos subsidiary that manages and owns 50 percent of the Green Valley Ranch Resort, filed for Chapter 11 bankruptcy Wednesday evening. ![]()
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