Florida Gaming Corp. auctioned the casino to its primary lender, ABC Funding LLC, amid competition from other bidders.
March 26, 2014 at 11:40 AM
1 minute read
ABC Funding LLC, the main adversary in a bankruptcy case involving Casino Miami Jai Alai, bought the gambling operation for $155 million in a bankruptcy auction.
Florida Gaming Corp., owner of the casino, auctioned the property Tuesday to its primary lender amid competition from other bidders—Z Cap Florida Gaming LLC and Silvermark LLC, and GLP Capital/MGA Holding.
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