GO
Loading...

Caesars Entertainment Corp

More

  • Mayor: 6 potential buyers for Revel casino Wednesday, 23 Jul 2014 | 3:52 PM ET

    ATLANTIC CITY, N.J.— Atlantic City's mayor said Wednesday there are six potential buyers for the Revel Casino Hotel, which is up for sale next month at a bankruptcy auction. However, a deed restriction as part of the sale from Caesars Entertainment to a Florida firm prohibits the building from being used again as a casino.

  • Miss. casino revenue stable after Harrah's closure Wednesday, 23 Jul 2014 | 10:58 AM ET

    JACKSON, Miss.— Gambling revenues tumbled in Mississippi's river region in the first month after Harrah's Tunica Hotel& Casino closed, but the overall downward trend didn't worsen much. Meanwhile, Gulf Coast casinos posted their best June in years, winning enough that overall state casino revenues actually rose from June 2013, though by less than 1 percent.

  • Delay sought in Atlantic City casino closings Tuesday, 22 Jul 2014 | 4:49 PM ET

    James Whelan, a former Atlantic City mayor, and Assemblymen Vince Mazzeo and Chris Brown wrote Tuesday to the state Casino Control Commission asking for the delay.

  • 5 things Atlantic City is doing to reverse slide Sunday, 20 Jul 2014 | 10:06 AM ET

    ATLANTIC CITY, N.J.— Even before a slew of casino closings hit Atlantic City, gambling operators, government officials and regulators had been working to improve the resort's prospects.

  • Atlantic City doomed by glut of casinos in region Sunday, 20 Jul 2014 | 9:57 AM ET

    ATLANTIC CITY, N.J.— The rapid disintegration of Atlantic City's casino market might be an early indicator of what could happen in other parts of the country that have too many casinos and not enough gamblers. James Whelan, a former Atlantic City mayor.

  • July 14- The Trump Plaza Hotel is expected to close in September, making it the fourth casino to close this year in Atlantic City, the faltering New Jersey resort town. Atlantic City, which once held a lucrative East Coast gambling monopoly, has fallen hard as new casinos open in the northeastern United States.

  • ATLANTIC CITY, N.J., July 10- After 19 years working as a cook at Atlantic City's Showboat Casino, Dave Rose is counting the weeks until he and about 2,000 fellow workers lose their jobs when the casino is shuttered at the end of the summer.

  • ATLANTIC CITY, N.J., July 10- After 19 years working as a cook at Atlantic City's Showboat Casino, Dave Rose is counting the weeks until he and about 2,000 fellow workers lose their jobs when the casino is shuttered at the end of the summer.

  • June 27- Debt-strapped casino operator Caesars Entertainment Corp said it will shut its Showboat Atlantic City casino in August due to falling revenue and high property tax in Atlantic City. Revenue from Atlantic City has declined by more than $3 billion since 2006 while competition has grown, Chief Executive Gary Loveman said in a statement.

  • June 27- Casino operator Caesars Entertainment Corp said it will shut its Showboat Atlantic City casino in August due to falling revenue and high property tax in Atlantic City.

  • Gary Loveman said he believed Caesars' finances- its debt carries a speculative grade rating- would not put it at a disadvantage as it seeks a licence in Japan, where a bill to legalise casinos could be put to a vote in parliament this year.

  • TOKYO, June 26- Caesars Entertainment Corp will likely agree to a debt restructuring with bondholders within a year and should have no problem financing a foray into the Japanese market, the debt-strapped casino operator's chief executive said on Thursday.

  • MILAN, June 16- Italian lottery operator GTECH said on Monday it was in preliminary talks to buy Las Vegas- based slot machine maker International Game Technology in a deal that could involve a cash and paper offer.

  • After-hours buzz: SolarCity, Tesla, Zillow & More Wednesday, 7 May 2014 | 5:00 PM ET

    Companies making headlines after the bell Wednesday.

  • Will Yellen take the chill off markets? Tuesday, 6 May 2014 | 2:27 PM ET

    Traders across the financial markets will be hyper-focused on Congressional testimony from Fed Chair Janet Yellen Wednesday.

  • Early movers: LULU, C, BAC, YHOO, TWTR, SIG & more Thursday, 27 Mar 2014 | 7:41 AM ET
    Traders work on the floor of the New York Stock Exchange.

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

  • *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.

  • Lippo, Caesars get approval for casino in South Korea Monday, 17 Mar 2014 | 11:10 PM ET

    South Korea granted a preliminary casino licence to a Lippo and Caesars Entertainment venture to build a resort on Yeongjong island.

  • 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.