Bloomberry Resorts Corporation eyes PAGCOR casinos

In the Philippines, the billionaire businessman behind local casino operator Bloomberry Resorts Corporation has reportedly revealed that the firm may be interested in purchasing some of the 46...

Sarkis Izmirlian tells China EXIM Bank he can make a superior...

BMD Holdings Ltd., the former developer of $3.5 billion Baha Mar notified the Export Import Bank of China today that the company, headed up by Sarkis Izmirlian, is...

Caesars Entertainment Corp hires new restructuring officer; Warns of Chapter 11

On Friday, Caesars Entertainment Corp (NASDAQ: CZR) announced that retired bankruptcy judge Robert Gerber has been appointed to the newly created position of chief restructuring officer. Reuters reports that the...

Caesars offers junior creditors another $1.6b

Caesars Entertainment has updated its initial offer to junior bondholders for another $1.6 billion. With the latest addition to the initial $4 billion, the offer goes over $5...

Carl Icahn to Shutter Trump Taj Mahal after Labor Day

Just when gaming analysts were predicting that Atlantic City’s casino woes were witnessing a turn around, billionaire Carl Icahn has announced that he plans to shutdown the iconic...

Court approves Caesars bankruptcy plan to emerge in 2017 with $10...

In a press relief noted for its brevity compared to the gravity lifted, Caesars Entertainment Corporation (NASDAQ: CZR) has seen its operating company’s bankruptcy reorganization plan finally approved...

Polish subsidiary of Olympic Entertainment Group files for bankruptcy

Eastern European casino operator Olympic Entertainment Group has announced that its Polish subsidiary has filed for bankruptcy protections following a late-September decision from the Finance Ministry not to...

New-look website for Win Systems Solutions SL

As part of an updated social media strategy that has been designed to align its many products and brands, Spanish gaming technologies innovator Win Systems Solutions SL has...

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...

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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