898660--3/31/2009--STATION_CASINOS

related topics

{condition, economic, financial}

{regulation, change, law}

{interest, director, officer}

{acquisition, growth, future}

{debt, indebtedness, cash}

{personnel, key, retain}

{competitive, industry, competition}

{loss, insurance, financial}

{loan, real, estate}

{product, candidate, development}

We may not receive sufficient Acceptances of the Plan. If we receive sufficient Acceptances of the Plan, we may determine to implement the Plan by commencing a voluntary case under Chapter 11 of the U.S. Bankruptcy Code. The uncertainty regarding the eventual outcome of our Plan and the effect of other unknown adverse factors could threaten our existence as a going concern. Our high leverage and debt service obligations could adversely affect our ability to raise additional capital to fund our operations, increase our vulnerability to general adverse economic and industry conditions, expose us to interest rate risk to the extent of our variable rate debt and prevent us from meeting our obligations. Conditions in the financial system and the capital and credit markets may negatively affect our business, results of operations and financial condition. Recent instability in the financial markets have had an impact on our business and may continue to adversely affect us in the future. A decline in our economic performance has adversely affected our ability to service all of our indebtedness and, as a result, we may be forced to take other actions to satisfy our obligations under our indebtedness, which may not be successful. Our business is sensitive to reductions in discretionary consumer spending as a result of downturns in the economy. Factors affecting the economy may harm our operating results. We depend on key markets and may not be able to continue to attract a sufficient number of guests and gaming customers in Nevada to make our operations profitable. We face substantial competition in the gaming industry. We may incur losses that are not adequately covered by insurance which may harm our results of operations. Certain construction risks may arise during the building of any new property. We may experience difficulty integrating operations of acquired companies and developed properties and managing our overall growth which could have a material adverse effect on our operating results. We rely on key personnel, the loss of the services of whom could materially and adversely affect our results of operations. We regularly pursue new gaming acquisition and development opportunities and may not be able to recover our investment or successfully expand to additional locations. We are subject to extensive state and local regulation and licensing and gaming authorities have significant control over our operations which could have an adverse effect on our business. We are subject to Native American gaming regulations which could have an adverse effect on our business. Factors affecting tax laws could have an adverse effect on our business.

Full 10-K form ▸

898660--3/31/2009--STATION_CASINOS_INC