Jeffrey Silver Quoted in CDC Gaming Reports Article on Former Riviera Hotal & Casino Owner
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Jeffrey Silver (Of Counsel, Las Vegas) was recently quoted in the CDC Gaming Reports article, “Nearly forgotten, Riklis owned Riviera, helped create junk-bond financing that reinvented LV,” written by John L. Smith.
The article tells the story of the late Meshulam Riklis, former owner of the Riviera Hotel and Casino. “After running the Riviera into bankruptcy, Riklis wisely hired Jeffrey Silver to manage its operations. Silver, a legend among gaming regulators, guided it back to profitability only to have Riklis once again drive it into a ditch. Silver calls Riklis a financial genius who understood the strengths of the free enterprise system, the intricacies of the stock and bond markets, and of course the power of junk bonds.”
To read the full article, please click here.
The article tells the story of the late Meshulam Riklis, former owner of the Riviera Hotel and Casino. “After running the Riviera into bankruptcy, Riklis wisely hired Jeffrey Silver to manage its operations. Silver, a legend among gaming regulators, guided it back to profitability only to have Riklis once again drive it into a ditch. Silver calls Riklis a financial genius who understood the strengths of the free enterprise system, the intricacies of the stock and bond markets, and of course the power of junk bonds.”
To read the full article, please click here.
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