Faced with several foreclosure actions and no sources of fresh funding, the owners of the boarded-up Moulin Rouge hotel and a couple of adjacent properties turned to Chapter 11 bankruptcy protection on Nov. 17. Henderson-based CapSource scheduled a foreclosure sale just hours before the bankruptcy filing, representing investors who had loaned owner Moulin Rouge Properties USD 2.5 million.

Slot machines flickered to life Wednesday at the Moulin Rouge, the first racially integrated casino in Las Vegas, which hasn't operated as a functioning business since 1955. The machines, 16 in two rows in abandoned office space along Bonanza Road, didn't make much, if any, money for developers Moulin Rouge Development Corp. or Republic Urban Properties.

Developers who want to build a resort at the site of the first racially integrated hotel-casino in Las Vegas got a big boost Wednesday from the City Council. Now the people behind the proposed revival of the Moulin Rouge need a financial backer. The Las Vegas City Council unanimously approved three items developers needed to proceed with plans for a resort they say would revive the spirit of the Moulin Rouge...