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Lippo Group no longer interested in “any gaming aspect” of Caesars Incheon casino: Plus So. Korea update

Lars Jones
Latest Casino and Gambling NewsCasino project updatesMergers, Acquisitions & PartnershipsSouth Korea
March 26, 2016 0
In a filing with the Hong Kong stock Exchange this week Lippo Worldwide Investments stated that it was in negotiations with Caesars...

Caesars Palace evacuated due to escalator fire

Sadonna Price
Latest Casino and Gambling NewsLas VegasNevada
March 22, 2016 0
Caesars Palace of Las Vegas was recently evacuated due to a fire that was located in an area with escalators...

Caesars hurt operating company and creditors; Plausible claims of $3.6b to $5.1billion

Lars Jones
Latest Casino and Gambling NewsNorth America Casino NewsEconomy/FinanceBankruptcyFines, Lawsuits & Litigation
March 16, 2016 0
The long awaited report from former Watergate prosecutor, Richard J. Davis on whether Caesars (CEC)  TPG LP, and Apollo Global...

Caesars to debut WAV nightclub this April

Sadonna Price
Latest Casino and Gambling NewsNew Jersey
February 24, 2016 0
Caesars Playground Pier is set to debut WAV, a new nightclub and live music venue for visitors to enjoy. Located...

Judge slams Caesars’ attempt to hide 7 million page investigation; Redacted report to be released by end of Feb

Lars Jones
Latest Casino and Gambling NewsLas VegasCasino NewsBankruptcyIllinoisFinancial FraudNevadaNew Jersey
January 22, 2016 0
Caesars Entertainment Operating Company, Inc. is looking to cut its debt load of more than $18 billion roughly in half...

Caesars wins a chance to save parent company from bankruptcy

Lars Jones
Latest Casino and Gambling NewsU.S.A.Casino NewsEconomy/FinanceBankruptcy
December 28, 2015 0
Caesars Entertainment is teetering on a fall into bankruptcy with every court decision shifting the balance toward demise or recovery....

Lippo not certain if joint Caesars Korean casino project will proceed

Alex Lanter
Latest Casino and Gambling NewsWorld Casino NewsCasino openingsSouth Korea
December 28, 2015 0
Lippo Ltd, a property developer, revealed that there was uncertainty whether the joint gaming project with Caesars Entertainment Corporation would...

UKGC fines Caesars £845k for lax money laundering protocols

Sadonna Price
Latest Casino and Gambling NewsMoney LaunderingFines, Lawsuits & LitigationUnited Kingdom
December 17, 2015 0
Caesars Entertainment was fined by the UK Gambling Commission for falling short of the protocols set in place for anti-money...

Caesars upbeat; cites Cherokee Valley River and new social environments for millennials

Lars Jones
Latest Casino and Gambling NewsTribal GamingLas VegasCasino NewsEconomy/FinanceBankruptcyNevadaNorth Carolina
November 12, 2015 1
Caesars Entertainment Corp. took more than a three-quarter billion dollar hit on their third quarter financials due to costs associated...

December 15th Deadline to be missed by Examiner investigating Caesars restructuring efforts

Sadonna Price
Latest Casino and Gambling NewsU.S.A.BankruptcyFines, Lawsuits & Litigation
November 8, 2015 0
The restructuring efforts of Caesars Entertainment Operating Company is currently being investigated by an examiner, former federal prosecutor Richard Davis....

Caesars Palace plans $75 million upgrade for 50th birthday

Sadonna Price
Latest Casino and Gambling NewsLas VegasCasino expansion projectsNevada
October 23, 2015 0
Caesars Palace in Las Vegas, Nevada is turning the big 5-0 and plans on celebrating by spending $75 million in...

Bankruptcy date a subject of contention for Caesars and creditors

Kim M
Latest Casino and Gambling NewsCasino NewsWorld Casino NewsBankruptcyIllinoisFines, Lawsuits & LitigationNevada
October 4, 2015 0
A hold on $468 million hinges on the outcome of a court date on Monday when Caesars Entertainment Corporation’s casino...

NGC approves $1.5 million fine for Caesars

Lars Jones
Latest Casino and Gambling NewsLas VegasMoney LaunderingFines, Lawsuits & LitigationNevada
September 20, 2015 0
A 15 count complaint against Caesars Entertainment Corp. alleging money laundering at its Caesars Palace casino in Las Vegas was settled with  the Nevada...

Caesars bondholders denied immediate ruling on debt guarantee

D. Graham
Latest Casino and Gambling NewsLas VegasCasino NewsWorld Casino NewsNorth America Casino NewsBankruptcyFines, Lawsuits & LitigationNevada
August 31, 2015 0
Bloomberg reports that bondholders owed $7 billion by Caesars have been denied an immediate ruling as to whether or not...

Caesars reportedly to pay $20 million money laundering penalty

Alex Lanter
Latest Casino and Gambling NewsU.S.A.Money LaunderingCrimeFines, Lawsuits & LitigationNevada
August 25, 2015 0
Caesars Entertainment Corp (CEC) has reportedly reached an agreement with the Department of Justice to settle its US money laundering...
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