Articles About Caesars Entertainment Operating Company

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Caesars Entertainment Debt Plan Snagged by Federal Court

Caesars Entertainment Debt Plan Snagged by Federal Court

Frederick H. January 23, 2015 11:03:28

The U.S Federal Court stated that Caesars Entertainment Corporation violated parts of the Federal Trust Indenture Act of 1939 while trying to reorganize its debt.   A U.S Federal Judge made a ruling that crippled Caesars Entertainment Corporation’s plan to reorganize its debt. Caesar’s filed for chapter 11 bankruptcy protection a week ago. The Federal court […]

Division of Caesar’s Entertainment to Chapter 11

Division of Caesar’s Entertainment to Chapter 11

Frederick H. January 21, 2015 04:48:00

Caesars Entertainment Corporation files for bankruptcy protection in order to reduce its debt while creating enough revenue to satisfy creditors and investors. Caesars Entertainment Operating Company, a division of Caesars Entertainment Corporation, stated that it filed for bankruptcy protection last Thursday in Chicago. The company made the move to sell its plan to reduce its […]

Drop in Pennsylvania’s Casino Revenue Attributed to Casinos in Nearby States

Drop in Pennsylvania’s Casino Revenue Attributed to Casinos in Nearby States

Phyllis F. January 16, 2015 12:17:57

Pennsylvania Gaming Control Board reports gross gaming revenue increase of 15.3% over that of December 2013. East Coast’s Pennsylvania’s casino industry saw a decrease in gaming revenue for a second consecutive year, mainly due to increased rivalry among other East Coast states, battling to keep punters faithful. However the good news is its casino market […]

Drop in Pennsylvania’s Casino Revenue Attributed to Casinos in Nearby States

Drop in Pennsylvania’s Casino Revenue Attributed to Casinos in Nearby States

Phyllis F. January 16, 2015 12:17:57

Pennsylvania Gaming Control Board reports gross gaming revenue increase of 15.3% over that of December 2013. East Coast’s Pennsylvania’s casino industry saw a decrease in gaming revenue for a second consecutive year, mainly due to increased rivalry among other East Coast states, battling to keep punters faithful. However the good news is its casino market […]

Casino Operator Bankruptcy Streamlined By Debt Restructuring

Casino Operator Bankruptcy Streamlined By Debt Restructuring

Nich Moore January 12, 2015 05:51:52

Where once to own a casino was to sit atop a gold mine increased competition, locally and globally, has led to some serious consolidation of those on the margins of success With the current juncture of economic fluctuation still revealing very sparse indications or markers of future levels of growth heavily influenced to no small […]