New York - CIT Group Inc., a leading global commercial finance company, today announced that it acted as the sole lead arranger for the re-capitalization of Double Eagle Resorts, Inc. and Gold Creek Ventures, LLC, wholly-owned subsidiaries of Colorado Casino Resorts. Double Eagle Hotel & Casino is located in Cripple Creek, Colorado and features a 48,000 square foot casino, a 158-room hotel, restaurants and conference center.

The financing of Publishing and Broadcasting Ltd's (PBL) Macau casino joint venture has been restructured as a consequence of the global credit crunch. Melco PBL Entertainment Ltd (MPEL) says it has signed a USD 1.75 billion senior debt facility with a syndicate of six major international banks rather than the original USD 2.75 billion finance deal announced in June.