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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...

Lower ranking creditors sue trustees for Caesars’ senior and middle tier lenders

Lars Jones
Latest Casino and Gambling NewsLas VegasBankruptcyFines, Lawsuits & Litigation
August 11, 2015 0
Fearing they may be frozen out a group of lower ranking creditors have sued senior lenders of Caesars Entertainment Operating...

Caesars reaches restructuring agreement with lenders

Kim M
Latest Casino and Gambling NewsEconomy/FinanceBankruptcyFines, Lawsuits & LitigationNevada
August 3, 2015 0
The corporation that filed for bankruptcy over six months ago, a major division of Caesars Entertainment Corporation, filed for bankruptcy,...

Caesars denied permission for quick appeal to halt bondholder suits

D. Graham
U.S.A.Las VegasCasino NewsWorld Casino NewsNorth America Casino NewsGaming Industry NewsDelawareBankruptcyNevadaNew York
July 30, 2015 0
U.S. Bankruptcy Judge A. Benjamin Goldgar has denied Caesars Entertainment Operating Company (CEOC) permission to appeal his July 22 ruling...

Caesars new CEO Mark Frissora’s blamed for accounting failures at Hertz

Renee Kingsley
U.S.A.Las VegasGaming Industry NewsEconomy/FinanceEmployment & CareersConspiracyFines, Lawsuits & Litigation
July 21, 2015 0
Mark Frissora holds an impressive resume and that was one of the reasons why he was hired to be the...

Deal in the works for Caesars unit’s restructuring

D. Graham
Latest Casino and Gambling NewsU.S.A.World Casino NewsNorth America Casino NewsGaming Industry NewsBankruptcyNevada
July 11, 2015 0
Bloomberg reports that billionaire John Paulson, principal of the hedge-fund firm Paulson & Co, along with other junior debt holders,...

Caesars Interactive to pay $15,000 for iGaming violation

Sadonna Price
Latest Casino and Gambling NewsOnline Gambling NewsFines, Lawsuits & LitigationNew Jersey
June 17, 2015 0
Caesars Interactive Entertainment is the online gambling section of the Caesars Entertainment company, providing online gaming options for players located...

Caesars gets six months to finalize its bankruptcy plan

Renee Kingsley
Latest Casino and Gambling NewsLas VegasGaming Industry NewsBankruptcy
May 28, 2015 0
Yesterday in Chicago, U.S. Bankruptcy Judge A. Benjamin Goldgar decided to extend Caesars Entertainment Operating Co.’s (CEOC) exclusive right to offer a...

Caesars money laundering charges–up to $20 million fine possible

Lars Jones
U.S.A.Money LaunderingMacauFines, Lawsuits & Litigation
May 12, 2015 0
Caesars Entertainment Corp. said in a quarterly Securities and Exchange Commission filing yesterday that they are in discussions with the Financial...

Creditors may see deals made before Caesars bankruptcy

Sam Mitchell
Latest Casino and Gambling NewsLas VegasCasino NewsBankruptcyNevadaNew Jersey
May 11, 2015 0
The bankrupt operating unit of Caesars Entertainment Corp has agreed to allow creditors to access records through an independent examiner...
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