Risk Factors Update Summary
- Addition of sports books at sports stadiums may impact revenue streams significantly.
- A lawsuit by a competing casino could negatively impact financing for the American Place facility.
- Revenue decline from 49% to 31% in Illinois casino and 51% to 37.9% in Mississippi.
- The plaintiff's appeal in the State Action was granted, impacting the development timeline.
- Completion of Chamonix construction may exceed budgeted amounts, risking insufficient funds.
- The plaintiff's lawsuit could delay the opening of the permanent American Place facility.
- The plaintiff's standing to pursue claims could affect the licensing process and financing.
- The plaintiff's lack of standing may lead to dismissal of the State Action lawsuit.
- The Illinois Appellate Court reversed the lower court's dismissal, impacting the legal proceedings.
- Legal rulings could negatively affect the company's ability to protect or recoup its Waukegan investment.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=891482&owner=exclude
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