ÿþ<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <title>Credit crunch hits the casino industry</title> <meta name="description" content="Credit crunch hits the casino industry" /> <meta name="keywords" content="Credit crunch, casino industry, Ian Bruce Eichner, Las Vegas" /> <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" /> <meta http-equiv="Content-Type" content="text/html; charset=utf-8" /> <meta http-equiv="Content-Type" content="text/html; charset=ISO-8859-1" /> <meta http-equiv="Content-Language" content="en-us" /> <meta name="distribution" content="all" /> <meta name="rating" content="general" /> <meta name="copyright" content="2007. Jackpot Avenue. All Rights Reserved." /> <meta name="author" content="Frank Perez" /> <meta name="web-author" content="Robert Bray" /> <meta name="title" content="JackpotAvenue.com The Greatest Online Casinos" /> <meta name="resource-type" content="document" /> <meta name="revisit-after" content="2 days" /> <meta name="classification" content="business" /> <meta name="verify-v1"content="/xXBOXLLdHpJRuN1jjlesW5NEbXF16Q5dgEpEkbn7hY=" /> <meta name="verify-v1"content="wu9OMhCDXMtSpmUT0KRtd8f/cuqtJCM3ihTk1jbZDDI=" /> <script src="http://www.jackpotmadness.com/modules/getProgBlock/mandatory.php" type="text/javascript"></script> <script src="http://www.google-analytics.com/urchin.js" type="text/javascript"> </script> <script type="text/javascript"> _uacct = "UA-1548313-1"; urchinTracker(); </script> <link rel="shortcut icon" href="favicon.ico" /> <link rel="stylesheet" href="css/style.css" type="text/css" /> <!--[if lt IE 7]><link rel="stylesheet" href="css/ie6.css" type="text/css" /><![endif]--> <!--[if IE 7]><link rel="stylesheet" href="css/ie7.css" type="text/css" /><![endif]--> <script type="text/javascript"> <!-- window.onerror=function(){return true} function MM_swapImgRestore() { //v3.0 var i,x,a=document.MM_sr; for(i=0;a&&i<a.length&&(x=a[i])&&x.oSrc;i++) x.src=x.oSrc; } function MM_preloadImages() { //v3.0 var d=document; if(d.images){ if(!d.MM_p) d.MM_p=new Array(); var i,j=d.MM_p.length,a=MM_preloadImages.arguments; for(i=0; i<a.length; i++) if (a[i].indexOf("#")!=0){ d.MM_p[j]=new Image; d.MM_p[j++].src=a[i];}} } function MM_findObj(n, d) { //v4.01 var p,i,x; if(!d) d=document; if((p=n.indexOf("?"))>0&&parent.frames.length) { d=parent.frames[n.substring(p+1)].document; n=n.substring(0,p);} if(!(x=d[n])&&d.all) x=d.all[n]; for (i=0;!x&&i<d.forms.length;i++) x=d.forms[i][n]; for(i=0;!x&&d.layers&&i<d.layers.length;i++) x=MM_findObj(n,d.layers[i].document); if(!x && d.getElementById) x=d.getElementById(n); return x; } function MM_swapImage() { //v3.0 var i,j=0,x,a=MM_swapImage.arguments; document.MM_sr=new Array; for(i=0;i<(a.length-2);i+=3) if ((x=MM_findObj(a[i]))!=null){document.MM_sr[j++]=x; if(!x.oSrc) x.oSrc=x.src; x.src=a[i+2];} } //--> </script> </head> <body> <div id="wrapper_extra"> <div id="wrapper"> <?php include('header.php'); ?> <? include('top-nav.php'); ?> <? include('roll-nav.php'); ?> <? include('top_ads.php'); ?> <div id="block_1"> <div class="tt"> <div class="t_t"><div class="t_tl"></div><div class="t_tr"></div></div> <div class="t_c"><div class="t_cl"><div class="t_cc"> <h1 class="yellow-heading">Credit crunch hits the casino industry</h1> <p class="brown-normal-txt"> <p class="brown-normal-txt"> <span style="color:#ffffff;"> The credit crunch is coming and it is hitting the commercial market as well as the residential market. Ian Bruce Eichner, the developer of the twin tower casino resort in the centre of Las Vegas defaulted on a loan that he was trying to get from Deutsche Bank AG for $760 million after he was unable to get refinancing. In the early 1990's he failed to get credit in developments in New York and now again bad signs of the changing economy. The gaming industry doesn t usually tend to get hit to hard in recessions as people always tend to gamble but here is a case of it getting hit in a slightly different way. </span> </p> </div></div></div> <div class="t_b"><div class="t_bl"></div><div class="t_br"></div></div> </div> </div> <? include('left-bar.php'); ?> <? include('right-bar.php'); ?> <? include('footer.php'); ?> </div> </div> </body> </html>