Caesars wins temporary reprieve from creditors

A Chicago judge has granted global casino operator Caesars Entertainment Corporation a temporary reprieve from court actions brought by shareholders of its bankrupt operating arm. Las Vegas-based Caesars Entertainment...

Prime Minister Christie Says EXIM Bank has signed agreement to complete...

Bahamian Prime Minister Perry Christie and his administration had been under tremendous pressure for not being able to complete the stalled $3.5 billion Baha Mar Casino Resort. Christie...

Caesars Entertainment Corp gets reprieve till October 5 from bonds amounting...

Caesars Entertainment Corp has succeeded in getting a temporary reprieve till October 5 from multiple lawsuits that amount to over $11 billion in claims. U.S. District Judge Robert...

Caesars Entertainment Corporation unit begins process of raising new financing

American casino giant Caesars Entertainment Corporation has begun the process of raising up to $3.8 billion that its Caesars Entertainment Operating Company Incorporated subordinate needs in order to...

Decision facing Supreme Court; asked to rule on Trump casino bankruptcy

Whether or not to restore the pension and health benefits of more than 1,000 casino workers at the Trump Taj Mahal in Atlantic City is the decision the...

Caesars’ casino REIT plan opposed by U.S. lawmakers

Treasury Secretary Jacob Lew was urged by U.S. Congress members to deny a favorable tax ruling to Caesars Entertainment Corp (NASDAQ: CZR) relating to the plan by the...

Apollo, TPG agree deal with Caesars for restructuring; Insulates top execs

The two top-tier creditors agreed Tuesday to Caesars Entertainment Corporation’s (CEC) terms to restructure the company’s debt, leaving about US$1 billion on the table in exchange for...

Caesars reportedly considering $4b offers for Caesars Interactive Entertainment

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...

Caesars bankruptcy talks reach deadlock

A mediator brought in to negotiate talks between global casino operator Caesars Entertainment Corporation and second-lien creditors of its bankrupt operating arm has announced that the process is...

Caesars mediator resigns from case of operating arm’s bankruptcy

The $18 billion bankruptcy dispute between Caesars Entertainment Operating Company Incorporated and its creditors took another complex turn on Friday after the mediator tasked with resolving the issue...

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