The Toronto company that won Atlantic City's Revel casino at a bankruptcy auction is facing financial problems at a Hard Rock casino it owns in Las Vegas.
Brookfield US Holdings LLC owns the Hard Rock and the Atlantic Paradise Island in the Bahamas.
In an August filing with securities regulators, the company said it did not have the money to make an interest payment due that month, and was trying to work things out with its lenders.
The filing said lenders could demand immediate payment of nearly $1 billion in debt.
Brookfield spokesman Andrew Willis says the negotiations underway for the Hard Rock property will not affect its ability to complete the Revel purchase.
Brookfield will pay $110 million for Revel, which cost $2.4 billion to build.
Details of Brookfield's financial problems in Las Vegas were first reported by Philly.com.
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