By David Strow
<strow@lasvegassun.com>
LAS VEGAS SUN
June 06, 2001
The Regent Las Vegas is continuing to perform ahead of financial expectations as it nears the final chapter in
its journey through bankruptcy.
In a financial report presented in federal bankruptcy court Tuesday, the Regent indicated it has posted just under
$2 million in negative operating cash flow from Jan. 1 through May 20. Actual cash flow, which includes reorganization
charges and interest payments on post-bankruptcy financing, was negative $9.7 million as of May 20.
While that sounds disappointing, it's far better than the projections that were made when the Summerlin hotel-casino
went into bankruptcy late last year. By this time, the Regent was projected to have posted $7.3 million in negative
operating cash flow, and $15.3 million in total negative cash flow.
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in The Las Vegas Sun.