LAS VEGAS AP - Developers of a $3 billion casino-resort on the Las Vegas Strip are scrambling to keep $800 million in promised funding or find new lenders to save the 3,800-room project and the thousands of jobs it is expected to create.The developers building the Fontainebleau Las Vegas filed a $3 billion lawsuit against 11 lenders late Thursday, saying their project could be doomed after the banks reneged on their promised loans.
April 24, 2009 at 12:00 AM
1 minute read
LAS VEGAS AP – Developers of a $3 billion casino-resort on the Las Vegas Strip are scrambling to keep $800 million in promised funding or find new lenders to save the 3,800-room project and the thousands of jobs it is expected to create.
The developers building the Fontainebleau Las Vegas filed a $3 billion lawsuit against 11 lenders late Thursday, saying their project could be doomed after the banks reneged on their promised loans.
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