Asian-themed Las Vegas casino files for bankruptcy ahead of foreclosure Kim M Latest Casino and Gambling NewsLas VegasBankruptcy February 21, 2018 0The first purpose-built gaming project in Las Vegas since the recession of 2008 is in bankruptcy after being served with...
Court approves Caesars bankruptcy plan to emerge in 2017 with $10 billion less debt Lars Jones Las VegasLatest Casino and Gambling NewsEconomy/FinanceMergers, Acquisitions & PartnershipsIllinoisBankruptcy January 18, 2017 0In a press relief noted for its brevity compared to the gravity lifted, Caesars Entertainment Corporation (NASDAQ: CZR) has seen...
Caesars bondholders denied immediate ruling on debt guarantee D. Graham Casino NewsLas VegasLatest Casino and Gambling NewsNorth America Casino NewsWorld Casino NewsBankruptcyFines, Lawsuits & LitigationNevada August 31, 2015 0Bloomberg reports that bondholders owed $7 billion by Caesars have been denied an immediate ruling as to whether or not...
Caesars denied permission for quick appeal to halt bondholder suits D. Graham Casino NewsLas VegasU.S.A.North America Casino NewsWorld Casino NewsGaming Industry NewsDelawareBankruptcyNevadaNew York July 30, 2015 0U.S. Bankruptcy Judge A. Benjamin Goldgar has denied Caesars Entertainment Operating Company (CEOC) permission to appeal his July 22 ruling...
Caesar’s Bankruptcy hearings move forward as stocks plummet D. Graham Latest Casino and Gambling NewsU.S.A.Casino NewsWorld Casino NewsNorth America Casino NewsGaming Industry NewsDelawareIllinoisBankruptcyNevada July 22, 2015 0Caesar’s Entertainment Corporation’s (CEC) stocks took a dramatic 41% fall despite attempts by Marc Rowan of Apollo Global Management LLC...
Deal in the works for Caesars unit’s restructuring D. Graham U.S.A.Latest Casino and Gambling NewsNorth America Casino NewsWorld Casino NewsGaming Industry NewsBankruptcyNevada July 11, 2015 0Bloomberg reports that billionaire John Paulson, principal of the hedge-fund firm Paulson & Co, along with other junior debt holders,...