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Affinity Gaming In Financial Trouble

Casino operator Affinity Gaming has filed documents expecting to default on a portion of its debt. Affinity representatives announced the company filed papers with the Securities and Exchange Commission last week. The claim the company is likely to default on a portion of the nearly $383 million of its debt. The Las Vegas Review-Journal reports the company is expected to work with advisers and lenders on an agreement. Affinity will also have a $900-thousand dollar expense associated with a data breach of its customer credit and debit card processing system.

Affinity Gaming owns 11 properties in Nevada, Colorado, Missouri and Iowa.
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