Chapter 11 | World Casino News

Studio City Macau investor files for bankruptcy in the United States

May 3, 2019

Latest Casino and Gambling News, Casino News, Casino expansion projects, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships, Bankruptcy

A firm with a minority stake in the operator behind the giant Studio City Macau integrated casino resort has reportedly filed for permission to institute Chapter 11 bankruptcy protections after being unable to ...

Caesars Entertainment Corporation’s casino arm emerges from bankruptcy

Adam Morgan

October 9, 2017

Latest Casino and Gambling News, U.S.A., Casino News, Mergers, Acquisitions & Partnerships, Bankruptcy

American casino giant Caesars Entertainment Operating Company Incorporated has emerged from bankruptcy after completing a complicated restructuring plan that saw it shed approximately $10 billion in overall lia...

Court approves Caesars bankruptcy plan to emerge in 2017 with $10 billion less debt

Lars Jones

January 18, 2017

Latest Casino and Gambling News, Las Vegas, Economy/Finance, Mergers, Acquisitions & Partnerships, Bankruptcy, Illinois

In a press relief noted for its brevity compared to the gravity lifted, Caesars Entertainment Corporation (NASDAQ: CZR) has seen its operating company's bankruptcy reorganization plan finally approved allowing ...

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...

Tinian Dynasty’s petition for bankruptcy dismissed by U.S. Court

K Morrison

January 23, 2016

Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Bankruptcy, Fines, Lawsuits & Litigation, Northern Mariana Islands

On January 14 the bankruptcy petition filed by Hong Kong Entertainment Investments Ltd, owner of the Tinian Dynasty Hotel & Casino, was granted dismissal and all other pending motions filed in the case rend...

Tinian Dynasty owner files for bankruptcy, plans to reopen

Lars Jones

December 15, 2015

Latest Casino and Gambling News, Casino News, World Casino News, Licenses, Bankruptcy, Northern Mariana Islands

A week ago it was announced and confirmed that Tinian Dynasty Casino in the Commonwealth of Northern Mariana Islands (CMNI) had applied for permission to reopen today and it had been granted contingent upon con...

Fresno’s Club One casino files Chapter 11

K Morrison

October 16, 2015

Latest Casino and Gambling News, Casino News, North America Casino News, Gaming Industry News, California, Bankruptcy, Fines, Lawsuits & Litigation

On Wednesday Club One a popular casino and restaurant in downtown Fresno, California filed for bankruptcy in U.S. District Court. The ownership group led by Kyle Kirkland, Club One Casino Inc.’s president, f...

Bankruptcy date a subject of contention for Caesars and creditors

K Morrison

October 4, 2015

Latest Casino and Gambling News, Casino News, World Casino News, Bankruptcy, Illinois, Fines, Lawsuits & Litigation, Nevada

A hold on $468 million hinges on the outcome of a court date on Monday when Caesars Entertainment Corporation’s casino business creditors ask a judge to consider a January 12th bankruptcy date valid rather than...

Baha Mar files reorganization plan in Delaware bankruptcy court

K Morrison

August 28, 2015

Latest Casino and Gambling News, Casino News, World Casino News, New Hotels, Casino project updates, Bahamas, Caribbean Casino News, Labor Relations, Bankruptcy, Fines, Lawsuits & Litigation

Baha Mar mega resort developer, Baha Mar Ltd, run by Sarkis Izmirlian, announced yesterday that a Chapter 11 Plan of Reorganization has been filed with the U.S. Bankruptcy Court for the District of Delaware. ...