Daily Business Review: Casino Miami Jai Alai Auctioned Off For $155 Million
March 27, 2014 Posted in Firm News
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.
"Since last August, we have been working toward a positive resolution to this case that would benefit not only those involved but also the surrounding community," Luis Salazar said. He credited the work of the jail alai management team "building a successful casino."