Samuel July 3, 2015 05:06:54
The former Chief Executive of car rental service Hertz Global Holdings has taken over from previous chairman Gary Loveman. Frissora’s appointment aims to strategically promote the corporation’s assets and financial value. His designation further makes the new boss as the administrator of Caesars Enterprise Services (CES) and puts him as a member of the CES […]
Phyllis F. January 22, 2015 06:58:25
Since filing for Chapter 11 Bankruptcy deal Caesars is caught up in harsh deadlock with creditors. As Caesars Entertainment Corp files for Chapter 11 Bankruptcy, the big question in the back of some people’s mind is “Why didn’t Caesars venture into the Asian Market?”, especially for a corporation that boasts of being “the world’s most […]
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 […]
Frederick H. January 6, 2015 11:01:59
Mayor Don Guardian of Atlantic City tries to calm the masses and slow the failing city economy through tax cuts and spending. Mayor Don Guardian, of Atlantic City, attempted to bring some form of calm his fellow citizens as well New Jersey residents by declaring 2015 “a year of healing.” With four out of the […]
Phyllis F. December 30, 2014 15:45:46
With the leveraged buyout Ceasars has been wrestling to pay its debts and has focused its energy on capital-markets transactions. The Caesars Entertainment Operating Co. (CEOC) recently revealed how it plans to restructure as an operating company and a property company. This restructuring, in accordance with US gambling laws, came on the heels of its […]
Phyllis F. December 23, 2014 20:54:38
Debt–ridden conglomerate Ceasars sets to purchase affiliate in an attempt to balance out its debts and start recovery. As Caesars Entertainment Corporation faces criticism from its creditors, for spreading itself too thin among its divisions, a merger is in the making with Caesars Acquisition Co (CACQ). With this purchase Caesars Entertainment Corporation hopes to appease […]
Phyllis F. December 23, 2014 13:00:53
Mid-January 2015 will see Caesars Palace restructuring after filing for Chapter 11 bankruptcy. After years of losses, Caesars has finally reached a viable solution with creditors over its efforts to restructure its operations.Come the middle of next month,Caesars Entertainment Operating Co (CEOC) will file for Chapter 11 bankruptcy protection. This decision came after a deal […]
Monica E. July 8, 2014 12:59:45
If Japan decides to introduce casinos, the country’s gaming market could be worth as much as $40 billion a year. Wayne Duggan, author of Beating Wall Street with Common Sense and an investor owning shares of Melco Crown Entertainment, has good news for the Japanese market. In an article published by The Motley Fool, Duggan […]
Nich Moore June 30, 2014 20:04:05
Caesars announces closure of the Showboat Casino Hotel in Atlantic City as part of consolidation process The gambling news in the US is not getting any better. When the Atlantic Club closed in January due to bankruptcy it was bought by Caesars Entertainment and Tropicana Entertainment, but didn’t reopen. They stripped it for parts and […]
Nich Moore June 30, 2014 17:42:12
The Showboat is closing, the Revel is bankrupt and the Mayor of Atlantic City is looking to a multi-facetted future. With some of the best online casinos for US players being set up by those states forward thinking enough to award licences and properly regulate gambling’s future it shouldn’t surprise anyone that the physical world […]
Toni May 14, 2014 00:21:31
Atlantic City business struggling in the current market, while Caesars looks for solutions to cut back costs from business operations. The recent economy forced businesses to reconsider their strategies, as they try to regroup their plans from the dim situation. Caesars plans to cut cost by downsizing in the number of properties they hold in […]
Alex Nevsky November 9, 2011 14:38:42
US land-based gambling giant Caesars Entertainment CEO optimistic about legalization of online poker in USA
Alex Nevsky August 15, 2011 15:24:27
Caesars CEO joins the long list of officials lobbying for legalization of online poker in United States
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