πŸ€‘ GCA to Provide Cash Access Services and Kiosks to Graton Resort & Casino NYSE:EVRI

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Graton Resort and Casino recorded $ million in net revenue for the three months However, the fund is insufficient to make even the guaranteed payments.


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Management's Discussion and Analysis of Financial Condition and Results of facing the proposed Graton Rancheria casino is the ability to obtain financing for​.


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In addition, Station LLC also manages Graton Resort & Casino in Sonoma Our Consolidated Financial Statements reflect the consolidation of Station LLC and.


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(California) -- Rohnert Park's Graton Casino opened its hotel to fire refugees in Sonoma County after the Kincade fire, another destructive wildfire struck Sonoma​.


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The Federated Indians of Graton Rancheria in California has secured $ million in financing for its casino. The financing consists of a $ million loan and a.


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The tribe secured $ million to fund the project, the greatest amount ever financed for an Indian casino. The casino opened on November 5, In January.


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The Graton Resort & Casino shuts down

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Cash and cash equivalents include cash on hand, cash on deposit with banks and highly liquid investments. Not Applicable. Gross revenues. The accompanying notes are an integral part of these unaudited interim financial statements. Capital assets - net. Accounts payable. Net revenues. Legal Proceedings. Construction in progress. Furniture, fixtures and equipment:. Cash paid for salaries and benefits. All discussion in this report should be read in conjunction with our financial statements and the accompanying notes contained in this report. The restricted cash is held in escrow accounts that can only be used for authorized construction disbursements until the related projects are completed. Our actual results and the timing of certain events may differ significantly from the results discussed in the forward-looking statements. Cash received from gaming winnings and concessions. Cash paid to suppliers. The Authority believes that there is little risk of loss regarding the uninsured amounts of restricted cash held in the escrow account. Payable to Tribe. Invested in capital assets-net of related debt. Buildings and building improvements. Common indicators of impairment include evidence of physical damage where restoration efforts are needed to restore service utility, enactment or approval of laws or regulations setting standards that the capital asset would not be able to meet, technological development or evidence of obsolescence, a change in the manner or expected duration of use of a capital asset or construction stoppage.{/INSERTKEYS}{/PARAGRAPH} Cash and cash equivalents. Commission File Number: Exact name of registrant as specified in its charter. A capital asset is considered impaired if both the decline in service utility of the capital asset is large in magnitude and the event or change in circumstances is outside the normal life cycle of the capital asset. All forward-looking statements in this document are based on information available to us as of the date hereof, and we assume no obligation to update any such forward-looking statements, whether as a result of new information, future events, or otherwise. Compact revenue sharing trust fund. This ASU clarifies that an entity should not accrue jackpot liabilities or portions thereof before a jackpot is won if the entity can avoid paying that jackpot. Three-Month Period Ended. Interest Income. Notes to Unaudited Condensed Financial Statements. This reorganization was accounted for as a reorganization of entities under common control. Total net assets deficit. State or other jurisdiction of. Actual results could differ from these estimates. Large accelerated filer o. Payments of debt. Controls and Procedures. Furniture, fixtures and equipment. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets as follows:. Risk Factors. Non-operating expense-net. These financial statements reflect the financial position and activity of the Authority only and do not purport to represent the financial position and activity of the Tribe. Total adjustments. Interest paid. Do not check if a smaller reporting company. Acquisition of property and equipment through accounts payable. Acquisition of property and equipment through transfers to Tribe for development costs. Check one :. Gaming commission and surveillance expense. Jackpots should be accrued and charged to revenue when an entity has the obligation to pay the jackpot. Total current liabilities. Distribution to Tribe. Adjustments to reconcile operating income to net cash provided by operating activities:. Net cash provided by operating activities. The Authority operates as a separate, wholly owned operating unit of the Tribe and is not a separate legal entity. Major outlays of capital assets and improvements are capitalized as construction-in-progress as projects are constructed. Interest income. Prepaid expenses and other current assets. March 31,. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend the life of the asset are not capitalized. Unaudited Condensed Financial Statements. Food, beverage and retail. Purchases of capital assets. The Authority is required to evaluate prominent events or changes in circumstances affecting capital assets to determine whether impairment of a capital asset has occurred. Non-accelerated filer x. Change in restricted cash. The amount shown as income before distributions to Tribe would be the most comparable amount to net income computed under the FASB Codification. Identification No. Changes in operating assets and liabilities:. Buildings and improvements:. Transfers to the Tribe for development costs. Total Current Assets. The ASC has become the source of authoritative U. The Authority believes that there is little risk of loss regarding the uninsured amounts of cash and cash equivalents on deposit with the banks. Income From Operations. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. The statements of revenues, expenses and changes in net assets deficit are a combined statement under GASB pronouncements. The carrying amount of cash and cash equivalents approximates its fair value. These escrow accounts are invested in money market accounts, which generate interest on a monthly basis. Current maturities of long-term debt. Three-Month Period Ended March 31,. Total Operating expenses. Cash paid for compact revenue sharing trust fund. Net cash used in capital and related financing activities. {PARAGRAPH}{INSERTKEYS}Table of Contents. Accumulated depreciation. Accrued liabilities. 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