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Billionaire Carl Icahn has a successful track record of taking bankrupt casinos and turning them around. Icahn decided to take...
Bankruptcy
Kim M
Latest Casino and Gambling NewsCasino NewsWorld Casino NewsNorth America Casino NewsEconomy/FinanceBankruptcyNevadaNew Jersey
0In a statement released Friday by Caesars Entertainment Group, an agreement for restructuring a major operating division within the company...
Fearing they may be frozen out a group of lower ranking creditors have sued senior lenders of Caesars Entertainment Operating...
The corporation that filed for bankruptcy over six months ago, a major division of Caesars Entertainment Corporation, filed for bankruptcy,...
D. Graham
U.S.A.Las VegasCasino NewsWorld Casino NewsNorth America Casino NewsGaming Industry NewsDelawareBankruptcyNevadaNew York
0U.S. Bankruptcy Judge A. Benjamin Goldgar has denied Caesars Entertainment Operating Company (CEOC) permission to appeal his July 22 ruling...
Kim M
Latest Casino and Gambling NewsWorld Casino NewsGaming Industry NewsBahamasCaribbean Casino NewsBankruptcyFines, Lawsuits & Litigation
0On Wednesday a Bahamian judge denied luxury resort, Baha Mar Ltd.’s request for recognition of its U.S. bankruptcy filing at...
D. Graham
Latest Casino and Gambling NewsU.S.A.Casino NewsWorld Casino NewsNorth America Casino NewsGaming Industry NewsDelawareBankruptcyIllinoisNevada
0Caesar’s Entertainment Corporation’s (CEC) stocks took a dramatic 41% fall despite attempts by Marc Rowan of Apollo Global Management LLC...
Renee Kingsley
Gaming Law & LegislationCasino NewsCasino openingsGaming Industry NewsCasino project updatesBahamasCaribbean Casino NewsEconomy/FinanceBankruptcyFines, Lawsuits & Litigation
0When Sarkis Izmirlian proposed to set up a mega resort in the Bahamas, the country opened its doors as the...
The Baha Mar Casino and Hotel is not doing well, with severe issues threatening the facility. Just this week, Baha...
D. Graham
Latest Casino and Gambling NewsU.S.A.World Casino NewsNorth America Casino NewsGaming Industry NewsBankruptcyNevada
0Bloomberg reports that billionaire John Paulson, principal of the hedge-fund firm Paulson & Co, along with other junior debt holders,...
In a move said to avoid payments in lieu of taxes under Atlantic City’s new PILOT program, which has yet...
Sam Mitchell
Latest Casino and Gambling NewsWorld Casino NewsCasino project updatesBahamasBankruptcyFines, Lawsuits & Litigation
0On July 2nd 2015 it was reported that the Bahamas attorney general showed frustration over a decision that would allow...
The development company behind a new Bahamas resort complex with a price tag of $3.5 billion has now filed for...
Renee Kingsley
Latest Casino and Gambling NewsU.S.A.Casino NewsGaming Industry NewsMergers, Acquisitions & PartnershipsBankruptcyNew Jersey
0Atlantic City’s Trump Taj Mahal Casino Resort applied for bankruptcy in 2014 but was bailed out by billionaire Carl Icahn...
Yesterday in Chicago, U.S. Bankruptcy Judge A. Benjamin Goldgar decided to extend Caesars Entertainment Operating Co.’s (CEOC) exclusive right to offer a...