Station Casinos will have a little more time to work out a bankruptcy plan with lenders.
The company is working on a Chapter 11 bankruptcy that would allow Station Casinos to continue operating while restructuring their debt. On Tuesday, the company announced it would have until May 15th to work out a deal with lenders and bondholders.
Last year, Station Casinos lost $3.3 billion dollars.
The company owns several resorts in the Las Vegas valley, including Red Rock Resort, Aliante Station and Green Valley Ranch.
