Tagged Caesars

Caesars Entertainment Corporation selling Rio All-Suite Hotel and Casino

September 23, 2019

Casino Sales, Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

In advance of its planned merger with Eldorado Resorts Incorporated and American casino operator, Caesars Entertainment Corporation, has reportedly signed a deal that is to see it offload its Rio All-Suite Hote...

July win increases for casinos in Atlantic City along with year-to-date totals

Sadonna Price

August 15, 2019

Latest Casino and Gambling News, Economy/Finance, New Jersey

The New Jersey Division of Gaming Enforcement has released the July revenue totals for casinos in Atlantic City, which shows the area not only saw an increase for the month, but also during the first seven mont...

Owner of Landry’s Incorporated possibly contemplating merger

Adam Morgan

October 18, 2018

Latest Casino and Gambling News, U.S.A., Casino News, Economy/Finance, Mergers, Acquisitions & Partnerships

In the United States, the billionaire owner of casino operator, Landry’s Incorporated, Tilman Fertitta (pictured), has reportedly approached larger rival Caesars Entertainment Corporation regarding the possibil...

First quarter casino earnings show 30 percent gain for Atlantic City

Sadonna Price

May 23, 2017

Latest Casino and Gambling News, Economy/Finance, New Jersey

After years of struggle, it seems the casinos of Atlantic City are finally on an upward trend. One official associated with the gaming industry has now stated that the casinos of the gambling city are showing p...

Enjoy S.A. to complete purchase of Conrad from Caesars subsidiary

Lars Jones

January 18, 2017

Latest Casino and Gambling News, Argentina, Chile, Uruguay

Chile and Argentina gaming, lodging, and restaurant operator, Enjoy SA is getting ready to pick up the remaining 55 percent of shares in the Conrad Punta del Este Resort in Uraguay from Caesars Entertainment Co...

Perks of free parking to end at several Las Vegas gaming venues

Sadonna Price

December 3, 2016

Latest Casino and Gambling News, Las Vegas, Casino News, Nevada

Visitors of Las Vegas were hit with parking fees during the summer months when visiting MGM Resorts International properties after the company decided to begin charging for parking just a few months ago. Now it...

Caesars Entertainment rolls out skill based video gambling machines at all Atlantic City properties

Renee Kingsley

November 5, 2016

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, New Jersey

Caesars Entertainment recently announced that its proposed roll out of skill based video gambling machines (VGMs) at all its Atlantic City properties has been completed and these VGMs are now up and running at ...

Caesars implements comped drink monitoring system at all its Nevada resorts

Alex Lanter

September 29, 2016

Latest Casino and Gambling News, U.S.A., Gaming Industry News, The Players Lounge, Nevada

Leading casino operator Caesars Entertainment has implemented a comp drink monitoring system throughout all its Nevada properties. It was reported that the newly introduced system was completely automated and b...

Apollo, TPG agree deal with Caesars for restructuring; Insulates top execs

Lars Jones

September 28, 2016

Latest Casino and Gambling News, Las Vegas, World Casino News, Economy/Finance, Mergers, Acquisitions & Partnerships, Bankruptcy, Fines, Lawsuits & Litigation

The two top-tier creditors agreed Tuesday to Caesars Entertainment Corporation's (CEC) terms to restructure the company's debt, leaving about US$1 billion on the table in exchange for protecting top executives...

Three Caesars casinos in Atlantic City to offer video game-style gambling

Sadonna Price

September 28, 2016

Latest Casino and Gambling News, Technology, Game manufacturers, New Jersey

For some time now, casino operators have been considering how to reach out to millennial customers. In decades past, casinos have had no trouble bringing in player traffic as individuals enjoyed the slot machin...

Atlantic City Casino revenues see increase in July

Sadonna Price

August 13, 2016

Latest Casino and Gambling News, Economy/Finance, New Jersey

On Friday, the New Jersey Division of Gaming Enforcement released the financial results of the gambling industry within the state for last month. Results showed that the land-based venues as well as online gamb...

Caesars reportedly considering $4b offers for Caesars Interactive Entertainment

K Morrison

May 15, 2016

Latest Casino and Gambling News, Economy/Finance, Bankruptcy, Fines, Lawsuits & Litigation

Faced with the possibility of being forced into Chapter 11 bankruptcy, Caesars Entertainment Corp (NASDAQ: CZR) is considering selling its interactive unit, which is one of the company’s few branches that is ac...

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

Lars Jones

March 26, 2016

Latest Casino and Gambling News, Casino project updates, Mergers, Acquisitions & Partnerships, South Korea

In a filing with the Hong Kong stock Exchange this week Lippo Worldwide Investments stated that it was in negotiations with Caesars Entertainment over a possible sale of its stake in their planned $739 million ...

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

Lars Jones

March 16, 2016

Latest Casino and Gambling News, North America Casino News, Economy/Finance, Bankruptcy, Fines, Lawsuits & Litigation

The long awaited report from former Watergate prosecutor, Richard J. Davis on whether Caesars (CEC) TPG LP, and Apollo Global Management hurt their now bankrupt operating unit, Caesars Entertainment Operating ...

Anatomy of a Beat Down

Mark Pilarski

March 11, 2016

Latest Casino and Gambling News, Deal Me In

Dear Mark: Terrific column last week, Breaking the Bank, especially the portion on Don Johnson’s take down of three Atlantic City casinos at blackjack. I was, to a certain extent, involved with the circumstance...