Best Comeback From Bankruptcy

Station Casinos

 

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The Great Recession hit the Las Vegas market particularly hard. Most people gambled less, and the town’s two main industries—tourism and construction—were both delivered a blow. In the summer of 2009, at the depth of the recession, locals casino stalwart Station Casinos filed for Chapter 11 bankruptcy. The company emerged two years later, and has been on a roll as of late. With the market rebounding, the company has pulled off some major moves, going public again as Red Rock Resorts in April and buying the Palms shortly after. With a positive balance sheet once more, growth is back on the agenda.

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