Terrible Herbst Gaming anounced today they were filing for bankruptcy. The company is reportedly $1 billion in debt but plans to operate as normal during its reorganization. Under the plan, the Herbst family will retain the slot route, but the casinos will be owned by the lenders. The slot route is mostly based in their gas stations.
Wow, that's one of the nicest POS's ive ever seen! I was never a big lover of the big red machine that was Herbst Racing but anyone that has a clue of a true race vehicle can tell that this is not junk. And I do agree, the red Herbst rides just seemed cooler. It's a throw back to their early stuff, look at any of the first Herbst stuff and it's all pretty plain.