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252 results for "caesars bankruptcy"
Caesars CEO Mark Frissora Visits Japan, Company Presents Two Integrated Resort Concepts
Caesars Entertainment CEO Mark Frissora is in Japan this week trying to solicit support for his company to land an integrated casino resort license in the island nation. According to Asia Gaming...
Top Caesars Shareholder George Soros Fears Social Media’s Power, Compares Manipulation to Casinos
Investor George Soros, a major shareholder in Caesars Entertainment, thinks?social media platforms are much like casinos, namely, in his view: manipulative and coercive. Interestingly, the billionaire philanthropist and political activist has often...
Caesars Raises Resort Fees, as Being a Las Vegas Tourist Becomes Ever More Expensive
Caesars Entertainment has raised resort fees at nine of its properties in Las Vegas, making visiting Sin City that much more expensive for overnight visitors. The Los Angeles Times reports that Caesars,...
Caesars Real Estate Trust VICI Raises $1.21 Billion in NYSE IPO, Performs Better Than Expected
VICI, the real-estate investment trust (REIT) created as part of Caesars’ recent bankruptcy reorganization, raised $1.21 billion at an IPO on the New York Stock Exchange (NYSE) on Thursday, exceeding expectations. The...
Caesars Entertainment Recruits Lobbyist Tom Daschle and Trade Negotiation Experts to Help Land Japan Casino License
Caesars Entertainment executives understand how business is done in Japan, and to that end, the US-based gaming operator has formed a committee with one lobbyist and two foreign trade specialists to help...
MGM REIT Pushes to Take Over Caesars Real Estate Trust, Would Create Major Player Among Publicly Traded REITs
For monster casino operators like MGM Resorts and Caesars Entertainment, subsidiaries like REITs are just part of the game. But keeping track of who owns what and understanding what they can do...
Caesars Entertainment Selling Harrah’s Las Vegas Real Estate to Generate Capital
Caesars Entertainment is fresh out of Chapter 11 bankruptcy, and the casino conglomerate is ready to get back into the game of purchasing new assets. To accomplish that goal, the company needs...
Caesars Entertainment Nearing $1 Billion Deal to Buy Two Indiana Racinos
Fresh out of bankruptcy, Caesars Entertainment is reportedly ready to go on a spending spree. The Nevada casino conglomerate is said to be in negotiations with Centaur Gaming to acquire its two...
Caesars LINQ Promenade Unveils Plans for First Zipline on Las Vegas Strip
In keeping with Caesars President and CEO Mark Frissora’s promise to grow the casino conglomerate post-bankruptcy, the company announced plans to build the first zipline on the Las Vegas Strip. Fly LINQ...
Nevada Gaming Says Casinos Can’t Be Buds With Marijuana, Approves Caesars Restructuring
The Nevada Gaming Commission (NGC) extinguished any rumors this week that the state regulator might ease its position on legalized recreational marijuana. Commission members told the casino industry to steer clear of...