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Caesars Entertainment Corp

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  • S&P lowers rating on Caesars Entertainment Tuesday, 8 Apr 2014 | 2:22 PM ET

    NEW YORK— Standard& Poor's Ratings Services on Tuesday lowered its rating for Caesars Entertainment Corp. and said that it is more likely that the casino operator will need to undergo a restructuring. The Las Vegas- based company, which runs the Caesars, Harrah's, and Horseshoe brands, has struggled since the recession, and has not posted a profit since 2009..

  • Atlantic City casino earnings down 35 percent Monday, 7 Apr 2014 | 2:24 PM ET

    ATLANTIC CITY, N.J.— Not even a boost from Internet gambling money and the comparison with an extremely slow period after Superstorm Sandy could prevent Atlantic City's casinos from seeing a big decline in their earnings in 2013..

  • *Genting Singapore, Paradise also planning casino complexes. SEOUL/ HONG KONG, March 18- Caesars Entertainment Corp looks set to build its first gaming resort in Asia after South Korea granted preliminary approval for a large-scale foreigners-only casino- a key boost for a company that has largely missed out on the region's boom in gambling revenues.

  • SEOUL/ HONG KONG, March 18- South Korea gave a preliminary greenlight for a large-scale foreigners-only casino complex to a consortium that includes Caesars Entertainment Corp, seeking to draw in wealthy Chinese gamblers and their tourist dollars.

  • SEOUL, March 18- South Korea on Tuesday granted a preliminary casino licence to a Lippo Ltd and Caesars Entertainment Corp venture to build a resort on Yeongjong island, as the government tries to court wealthy Chinese punters with an array of gambling options.

  • Squawking: Buffett, Icahn and disruptors du jour Thursday, 6 Mar 2014 | 5:57 PM ET
    Warren Buffett

    In this week's Talking Squawk, the official "Squawk Box" blog—get a Warren Buffett rewind, Carl Icahn unleashed and maybe meet the next WhatsApp disruptor.

  • Early movers: MW, JOSB, DRI, MSFT & more Monday, 3 Mar 2014 | 7:53 AM ET

    Some of the names on the move ahead of the open.

  • TOKYO/ MACAU, Feb 26- Billionaire Sheldon Adelson is willing to bet $10 billion that his Las Vegas Sands will become the leader in casino gambling in Japan, an offer he says his competitors can't match.

  • Weather taunts traders betting on regaining highs Friday, 21 Feb 2014 | 6:45 PM ET
    Traders on the floor of the New York Stock Exchange.

    The latest cold blast is likely to add to the murky economic picture, which is already making it difficult for stocks to advance.

  • 'Talking Dead'; whassup; and blame NFL Thursday, 20 Feb 2014 | 12:50 PM ET

    This is Talking Squawk, the official "Squawk Box" blog, providing tidbits, insights and sarcastic reflections.

  • Feb 10- U.S. casino operator Caesars Entertainment Corp is working with investment bank Lazard Ltd on a financial restructuring, a person familiar with the matter said. Caesars, which operates the Caesars Palace and Flamingo casinos on the Las Vegas Strip, is saddled with more than $16 billion in debt, according to Thomson Reuters data.

  • TIGARD, Oregon, Jan 29- TPG Capital LP, a private equity firm that is behind some of the world's largest leveraged buyouts, said on Wednesday it was asking some of its key investors for up to $2 billion to spend on deals until it raises a new $10 billion flagship fund.

  • New Jersey's bets on online gambling Tuesday, 21 Jan 2014 | 10:06 AM ET
    In this November 2013 photo, an elderly couple plays slot machines at the Tropicana Casino and Resort in Atlantic City, N.J.

    New Jersey's gambling industry is over $1 billion in the red. Can its adoption of online gambling fuel growth and make it a model for other states?

  • UPDATE 3-Apollo Global to swallow Chuck E Cheese Thursday, 16 Jan 2014 | 12:48 PM ET

    Jan 16- Apollo Global Management LLC said it will buy CEC Entertainment Inc, the parent of Chuck E Cheese restaurant chain, for about $948 million, adding to a portfolio that includes companies ranging from cruise ship operators to casinos.

  • Jan 16- Apollo Global Management LLC will buy CEC Entertainment Inc, the parent of Chuck E Cheese restaurant chain, for about $948 million, adding to a portfolio that includes companies ranging from cruise ship operators to casinos.

  • Something new that happens in Vegas: Investment Monday, 6 Jan 2014 | 7:00 AM ET
    The Las Vegas strip.

    There are $9 billion in projects either in the planning stages or underway in Las Vegas, as the city tries to dig its way out of the recession.

  • Forget hot springs, casinos now a big bet for Japan Wednesday, 27 Nov 2013 | 10:38 PM ET

    With lawmakers planning to open Japan to casino gambling, several small cities are pushing to get one of the coveted licenses.

  • OTARU/SASEBO, Japan, Nov 28- Ageing and shrinking, Japan's country towns want to gamble away their economic and demographic woes. Japan is one of the world's last untapped gaming markets and, with a wealthy population and proximity to China, could generate $15 billion annually from casinos, industry experts say.

  • OTARU/SASEBO, Japan, Nov 28- Ageing and shrinking, Japan's country towns want to gamble away their economic and demographic woes. Japan is one of the world's last untapped gaming markets and, with a wealthy population and proximity to China, could generate $15 billion annually from casinos, industry experts say.

  • Why New York casinos could crush Atlantic City Thursday, 7 Nov 2013 | 7:00 AM ET
    Boardwalk, Atlantic City.

    New York voters' approval of casinos could put the nail in Atlantic City's coffin.

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