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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 Entertainment Corp case with bondholders to go to trial

Sadonna Price
Latest Casino and Gambling NewsU.S.A.Economy/FinanceBankruptcyFines, Lawsuits & Litigation
January 5, 2016 0
Bondholders’ involved in a case against Caesars Entertainment Corp lost the opportunity for an early resolution in a lawsuit after...

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....

Rock Gaming gains 100% ownership of Ohio casino properties from Caesars Entertainment

Sadonna Price
Latest Casino and Gambling NewsEconomy/FinanceMergers, Acquisitions & PartnershipsOhio
November 3, 2015 0
On Monday, Caesars Entertainment Corp announced that the management of three casinos in Ohio would begin a transition phase which would...

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...

Casino innovation lacking says new chief executive officer of Caesars Entertainment

Sadonna Price
Latest Casino and Gambling NewsLas VegasNevada
October 1, 2015 0
Mark Frissora is the latest member of the Caesars Entertainment Corp. team, earning the position as the company’s CEO. After...

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...

Money laundering scandal involving Caesars Entertainment results in multi-million dollar fine

Sadonna Price
Latest Casino and Gambling NewsMoney LaunderingBankruptcyFines, Lawsuits & LitigationNevada
September 9, 2015 0
Based on what the federal authorities are calling ‘severely deficient’ controls on anti-money laundering, Caesars Entertainment Corp. must now pay...

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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