Friday, August 13, 2010

Blue Moon Resort Files for Chapter 11

The latest LGBT victim of what appears to be the recovery coming to a halt is Las Vegas' Blue Moon Resort. The hotel, which catered to the gay market, filed for chapter 11 bankruptcy protection on Tuesday. The hotel listed assets of about $85,500 and liabilities of about $937,000 in its filing. But for now, the 43-room property near Sahara Avenue and Interstate 15 will continue operating and believes it has a bright future once the economy turns around, manager John Hessling said Wednesday.

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