The Club One Casino in downtown Fresno has filed for Chapter 11 Bankruptcy but the casino’s owner says this is not a sign of trouble.
In a Bankruptcy filing, the Club One Casino detailed more than $9-million in debt it owes to its top 20 creditors.
Chapter 11 allows a business to reorganize that debt.
Casino owner Kyle Kirkland says they have no intention of closing.
“We have been open 7300 days in a row. We are not going to close,” Kirkland said.