View Single Post
Old 12-16-2009, 04:13 PM   #8
fredr123
Franchise Player
 
fredr123's Avatar
 
Join Date: Apr 2004
Exp:
Default

Quote:
Originally Posted by SeeGeeWhy View Post
Based on that price, my guess is that it pulls in ~30MM a year in revenue.

Why does the paper get to announce what it sold for? Are the current or previous owners a public comapny?
The owners who bought the casino from Sisson declared bankruptcy in April 2009: http://www.calgarysun.com/news/alber...71751-sun.html

My guess is that the figures from the sale were probably available in court documents and therefore public information.

Sisson sold the casino in 2007 for $22M. Now, the current owners are selling of $10.6M. Yikes. http://www.calgaryherald.com/busines...754/story.html
fredr123 is offline   Reply With Quote