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Pala casino's splashy expansion, remodel

The second entrance will be located just off the 1,500-space parking garage. Added 43,000 square feet of space on the gaming floor. New, state-of-the-art slot machines and additional table games will be installed. But they won’t be squeezed in: 18 inches of space will be added between each single bank of slot machines for maximum comfort, Valley View said. The 108-room hotel, existing restaurants and the casino will all be renovated. Restrooms and more public space will be added. While the construction and refurbishment will touch about every area of the property, the casino will remain open throughout the work. When completed, the changes will be recognizable as soon as you arrive, Howard said. “We’re big on first impressions, and we’re big on details,” Howard said.

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Bondholders face risky last bet at Casino owner

And its share price may recover, easing pressure on Rallye. But the risk is that Rallye pledges its Casino shares to banks, and then fails. That would be a blessing for holders of shorter-dated debt who get repaid, and a bad day for those left at the table. - The price of Rallye's 3.25 percent bond maturing in 2024 has fallen to 38.2 percent of par value on Sept. 6, from 99.6 on Jan. 31, according to Eikon.

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