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Casino Apache Travel Center details page: This casino can be found in Mescalero, New Mexico. Casino Apache Travel Center features 0 gaming machines for.


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Find more information about CASINO APACHE TRAVEL CENTER and more businesses in MESCALERO on our large truck stop directory. State: NM. Postal Code: Phone: # of Parking Spots: # of Fuel Lanes: 3.


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Casino City County State District Type Comments Vegas Strip Desert Inn of Santa Fe Casino Apache Travel Center Santa Fe New Mexico Native American Casino please contact Global Investment & Business Center, USA For additional.


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Find out everything you need to know about the Casino Apache Travel Center! Learn about the games offered, casino size, rooms & restaurant selection! Phone, () Geographical Overnight RV Parking: Free/RV Dump: No.


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Casino Apache Facebook Page US Highway 70 | Mescalero, New Mexico | Toll-Free: () | Call Center Available Daily from 7:​30am.


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Casino Apache Travel Center details page: This casino can be found in Mescalero, New Mexico. Casino Apache Travel Center features 0 gaming machines for.


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Mescalero Apache Reservation P.O. Box Mescalero, NM Phone: Digest's "Top 40 Casino Golf Courses," ranking number 23, () The tribe recently opened the 50,square-foot Casino Apache Travel Center on.


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Casino Apache Travel Center is owned by Mescalero Apache Tribe. The following ownership information is a subset of that available in the Gaming Business.


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IMG Resort and Casino manages the exposure to the risk of most losses through various commercial insurance policies. Significant estimates included in the accompanying financial statements relate to the liability associated with the unredeemed Apache Spirit Club points, the estimated lives of depreciable assets, the determination of bad debt, inventory reserves, asset impairment and the capitalization of construction bond interest costs. Forest Service land. The accompanying notes are an integral part of these statements. Adjustments to reconcile net loss to net cash provided by used in operating activities:. Historically, IMG Resort and Casino has not generated sufficient cash flow from operations to satisfy its capital requirements and relied upon debt financing arrangements to satisfy such requirements. Revenues from food and beverage, rooms, recreation and other are recognized at the time the related service or sale is completed. Accounts receivable, net of allowance for doubtful accounts. The IRS sets the maximum allowed each year for qualified k plans. Shared Services and Cost Allocations. If an entity commits to a plan to abandon a long-lived asset before the end of its previously estimated useful life, depreciation estimates shall be revised to reflect the use of the asset over its shortened useful life. The carrying amount of cash and cash equivalents, accounts receivable, accounts payable and accrued expenses, bank financing facilities and capital lease obligations approximate fair value. Controls and Procedures. The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Expenditures for additions, improvements and replacements are capitalized while maintenance and repairs, which do not improve or extend the service lives of the respective assets, are expensed as incurred. The Management Agreement grants the Manager the exclusive right and obligation to manage, operate and maintain the casino and other businesses of the Registrant and its subsidiaries and to train the Tribe in the operation and maintenance thereof during the term of the Management Agreement. As unincorporated enterprises of the Tribe, IMG Resort and Casino and its subsidiaries are exempt from federal and state income taxes. The Tribe is self-insured for employee health and accident insurance. Defaults Upon Senior Securities. The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. All tribal and federal regulatory fees due and payable have been properly accrued. Depreciation and amortization is provided over the estimated service lives of the respective assets, using the straight-line method based on the following useful lives:. IMG Resort and Casino periodically rewards rooms and other promotions, including Apache Spirit Club points and gift certificates, to its customers. The Commission reports directly to the Tribal Council of the Tribe. See Note Fair Value of Financial Instruments. Accounts receivable consists primarily of hotel and other non-gaming receivables. Under this policy, premiums may be adjusted at the end of the coverage period based on loss experience for the coverage period. Property, plant and equipment is summarized as follows:. The fixed credit facility is fully amortizable over five years and bears fixed interest rates ranging from 7. If the financial condition of non-gaming customers were to deteriorate, resulting in an impairment of their ability to make payments, IMG Resort and Casino may increase the allowance. The Tribe operates other entities and enterprises in various industries, including telecommunication, timber and forest products, gas and convenience store; in addition, the Tribe has a housing authority, school and nursing facility.

Commission file number Yes o No o. Actual results could differ from those estimates. After two casino apache travel center phone number, the Registrant may terminate the Management Agreement by paying the Manager an amount equal to the discounted value of the future fees the Manager was entitled to receive under the Management Agreement.

The current cash flows and capital resources may force IMG Resort and Casino to reduce or delay activities and capital expenditures if IMG Resort and Casino is check this out to refinance its debt.

Property, plant and equipment acquired through reduction in storm recovery receivable. These consolidated financial statements present only the consolidated financial position, results of operations and cash flows of the IMG Resort and Casino and subsidiaries and are not intended to present fairly the financial position of the Tribe and the results of its operations and cash flows.

The Manager may terminate the Management Agreement if, among other things, a Tribal Party fails to pay any amount due to the Manager, if a Tribal Party breaches the Management Agreement, or if the Manager does not receive its minimal monthly fee for three consecutive months.

All inventories are stated at the lower of cost or market using the first-in, first-out method. The tax payment is made at the beginning of the month in which the taxes are being collected.

Interest incurred during the construction period is capitalized at the borrowing rate for the related loan and is amortized over the life of the related asset. The collectability of these receivables could be affected by future business or economic trends. Deferred Financing and Refinancing Costs.

Management reviews long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of such assets may not be recoverable.

Inventories consist of the following as of:. Inventories casino apache travel center phone number of food and beverage items, fuel, retail merchandise in the golf and pro shop, ski shop, gift shops and other miscellaneous items, parts and supplies.

Excess tax amounts due under the alternative minimum tax system are expensed in the month they are due. Net cash used in provided by operating activities. IMG Resort and Casino maintains an allowance for doubtful accounts for estimated losses resulting from the inability of customers to make required payments, which results in bad debt expense.

IMG Resort and Casino also pays a federal regulatory fee. IMG Resort and Casino is a separate legal entity from the Tribe and is managed by a separate management board. For purposes of the statement of cash flows all cash accounts that are not subject to withdrawal restrictions or penalties and all highly liquid debt instruments purchased with an original maturity of nine months or less are considered to be cash equivalents.

In accordance with gaming industry practice, the Casino recognizes casino revenue as the net win from gaming activities, which is the difference between gaming wins and losses. Indicate by check mohegan casino floor map whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

Early adoption is prohibited. IMG Resort and Casino determines the adequacy of this allowance by periodically evaluating individual non-gaming customer receivables and considering its non-gaming customers financial condition, credit history and current economic conditions.

Quantitative and Qualitative Disclosures about Market Risk. General and administrative direct costs are comprised of administrative expenses at our head quarters, including the salaries of corporate officers, accounting, finance, legal and other professional expense and occupancy, facilities, utility costs and other indirect costs not included in the direct costs of our operating departments.

Financial results of the Tribe and its other enterprises and entities are not included in these consolidated financial statements. Cash includes cash on hand for change drawers and in the vault for daily casino activities and cash on deposit with financial institutions in demand accounts, savings accounts and short-term certificates of deposit.

The estimated cost of providing such promotional allowances, as they relate to operations, was included in casino expenses as follows:. Consulting Agreement and Management Agreement. The accompanying consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Proceeds from the loan were used to fund furniture, fixtures and equipment for the Resort. The retail value of these player rebates is recognized by IMG Resort and Casino as a reduction from gross revenue.

The adjustment to reflect the difference between the fair value and the current carrying amount of the article source and liabilities for which a company elects click here measurement is reported as a cumulative-effect casino apache travel center phone number to the opening balance of retained earnings upon adoption.

The Tribe provides certain shared services which it administers for all of its enterprises.

Leasehold and land improvements, lake and golf course. Revenues include the retail value of food and beverages and other items which are provided to customers on a reward basis. Property, plant and equipment are presented at historical cost, less accumulated depreciation and amortization.

This non-payment of interest constitutes an event of default under the Indenture governing the Notes. Due to the events of default, the Notes have been classified as current in the accompanying consolidated balance sheet.

A regulatory fee is paid to the Tribe as reimbursement for the cost of regulating the gaming activities. The Tribe provides employee benefits to the IMG Casino apache travel center phone number and Casino, which reimburses the Tribe for all costs and expenses associated with this health and dental insurance.

The Company is currently in discussions with certain of its debtholders regarding these issues. Gaming revenues are net of accruals for anticipated payouts of progressive slot jackpots and table games. There have been no reductions in insurance coverage. Warner, and the Tribe each signed a joinder to the Management Agreement. The accompanying consolidated financial statements include the accounts of the IMG Resort and Casino and its wholly-owned subsidiaries. Classification of Departmental Costs. Such anticipated jackpot payments are reflected as accrued expenses in the accompanying consolidated balance sheets. Check one :. The Manager is entitled to receive a management fee for its services under the Management Agreement. Notes to Consolidated Financial Statements unaudited. A Tribal tax charge of In prior periods the taxes collected were included in net revenue and tax payments included in expenses as opposed to being recorded as a liability and subsequent release of the liability. Debt issuance costs incurred in connection with the issuance of the Resort Project financing were capitalized and are being amortized to interest expense using the straight-line method over the stated maturity of the debt, which approximates the effective interest method. The majority owner of the Manager, William W. These points are redeemable for certain promotion dollars, complimentary services or merchandise. Points are accrued based upon their historical redemption rate multiplied by the cash value or the cost of providing the applicable complimentary services. Equipment sold, or otherwise disposed of, is removed from the accounts with gains or losses on disposal recorded in the statements of income. The terms of the Compact subject the Casino to various regulatory fees and revenues sharing payable to the State. The Tribe has engaged a financial advisor, and is in discussions with bondholders related to restructuring the Notes. Employee Benefits Cost Allocations. Submission of Matters to a Vote of Security Holders. The Tribal Parties may terminate the Management Agreement if, among other things, the Manager breaches the Management Agreement, including a change of ownership of the Manager. All significant intercompany accounts have been eliminated in consolidation.