No. of Recommendations: 0
I just don't get why they did this. Was it to save money on lawyers? Based on the lengthy disclosures they are putting out anyway, on their own web site, it doesn't look like they saved anything on service fees.

All this action does is increase the perception that River Rock - like most Indian casinos - is not transparent and plays by any set of rules it wants to make up.

At least the bonds didn't pancake on the announcement, but I fail to understand how this will do anything to advance their objectives to raise money in future.
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