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Las Vegas-based Station Casinos, which has said it will file for bankruptcy by April 15 if it cannot renegotiate terms for major portions of its debt, is reporting a dismal fourth quarter. For that period, the company's revenues totaled just under $290 million, a 19 percent drop from a year earlier, while its loss for the quarter ballooned to $3.19 billion. Station, whose holdings include the Red Rock Casino Resort Spa and Palace Station Hotel in Las Vegas, blamed the drop in revenues on economic downturn that has hit the gaming industry hard.
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