It is unknown if the creditor will gain the property with a “credit bid” or another party will have a higher bid. Canpartners currently holds $178 million of the casino’s debt.

Canpartners says Hooters is worth no more than $80 million.

Bids on the Las Vegas casino and hotel will be due on February 10th, and if an auction is necessary it will be held on the 17th.

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American Casino Guide