11/14/2023 0 Comments When is graton casino going to openUpon completion of Graton Resort's third-party financing in 2012, the Company received a $194.2 million partial repayment of the advances, which exceeded the carrying amount due to fair value adjustments recognized by the Company pursuant to fresh-start reporting in 2011. Prior to securing third-party financing for the project, the Company made advances to the Graton Tribe for development of Graton Resort. Upon completion of Graton Resort on November 5, 2013, the Company earned a development fee of approximately $8.2 million representing 2% of the cost of the project, which is included in management fee revenue in the Consolidated Statement of Operations for the year ended December 31, 2013.
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