Casino boat operator looking for buyer - 2004-01-08
A bankrupt gambling cruise operation owned by SunCruz Casinos is up for sale.
Ventures LLC operates SunCruz VII in Little River and has filed for bankruptcy. SunCruz filed for bankruptcy separately in 2001.
"We're at the point where we're ready to transfer the assets to a new buyer," said Michael Hlavsa, chief executive of SunCruz Casinos.
If the company sells the business and assets jointly, the boat would be able to continue operating, despite Horry County's moratorium on new casino boats, County Councilman Harold Worley said.
Read the full story at The State