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Caesars Entertainment News
Federal officials investigating money-laundering allegations at Caesars Palace
21 Oct 2013
The investigation was revealed in the same filing in which Caesars explained its reasons to withdraw from the process to earn a Massachusetts gaming license and its severing of a deal with the Gansevoort Hotel Group in a Strip casino redevelopment project.
Caesars titanic debt will go on
21 Oct 2013
Caesars carries a gaming industry high of $23.5 billion in long-term debt on its books, much of it accrued when the company was taken private in a $30.1 billion buyout by Apollo Global Management and TPG Capital in 2008.
Fill your palace with Caesars decor
11 Oct 2013
Caesars Entertainment will auction 14,000 items over four days starting Friday. Items include hotel furniture, kitchen equipment, tools, art and carpet will be auctioned.
Terms of Caesars restructuring, spinoff company set
7 Oct 2013
According to an SEC filing Thursday, shareholders as of Oct. 17 will get the right to buy one share of Caesars Acquisition Co. for each share of the parent company they own.
Caesars giving Gansevoort $185 million transformation
23 Sep 2013
Other than the shape of the building and some of the outside architectural enhancements, the Gansevoort Las Vegas will little resemble its past.
Caesars announces debt plan to retire more than $4 billion in obligations
19 Sep 2013
Analysts said the new debt, with a new and longer maturity date, would remove an obligation that was causing some in the investment community to speculate that Caesars might have to file a bankruptcy reorganization.
Philadelphia native becomes latest Atlantic City millionaire
3 Sep 2013
Dennis Weihe took home $1 million at Harrah's Resort in Atlantic City thanks to Caesars Entertainment's Millionaire Maker Total Reward promotion.
For the High Roller, the task at hand is to put the wheel in place
3 Sep 2013
Once the wheel and its 28 passenger cabins are in place, the project must pass dozens of safety and technology inspections before the first riders can hop aboard.
Loveman, Fahrenkopf, two others tapped for Gaming Hall of Fame
29 Aug 2013
Gary Loveman, chairman and CEO of Caesars Entertainment, and Frank Fahrenkopf Jr., who led the American Gaming Association during its first 18 years, head the list.
Caesars signs agreement for $1 billion development in Boston
29 Aug 2013
Caesars Entertainment wants to build a $1 billion hotel-casino in Boston next to the Suffolk Downs Race Track.
Romance off: Caesars sells Macau land holdings for $438 million
12 Aug 2013
Casino giant Caesars Entertainment Inc. says it is selling its property in Macau to an Asian developer.
Power restored at Flamingo after hotel construction causes outage
12 Aug 2013
The Flamingo on the Las Vegas Strip has had a power outage in parts of the complex on Friday.
Rant by Adelson surprises Murren
12 Aug 2013
MGM Mirage Chairman and CEO Jim Murren said his company and Caesars might have a better understanding of how Las Vegas works these days than does Sheldon Adelson.
Caesars taps new regional president to oversee three Strip properties
7 Aug 2013
Eileen Moore, currently president of the Caesars' Mid-North Regional Division, will come to Las Vegas to oversee The Quad, $180 million Gansevoort development, and the Flamingo.
Caesars offers look at The Linq
31 Jul 2013
The Linq’s open-air promenade will encompass 300,000 square feet of stylish retail offerings, trendy restaurants and hip entertainment venues, all anchored on its east end by a 550-foot-tall observation wheel.
Caesars considers other ways to grow results
30 Jul 2013
Caesars said Monday it lost $212.2 million in the quarter that ended June 30.
Nevadan at work: Executive prepares to lead Caesars into real-money online gaming
29 Jul 2013
Geoffrey Stewart is general manager of online poker for Caesars Interactive, which handles Caesars Entertainment Corp.'s social gaming business and real-money Internet gaming operations.
Gaming Commission OKs plans for Caesars spinoff
26 Jul 2013
Caesars Entertainment Inc. is spinning off Planet Hollywood, its interactive gaming business, and a planned Baltimore casino into a separate company. Caesars will retain majority ownership.
Perspectives Weekly: Barton bill is back
24 Jul 2013
Rep. Joe Barton (R-Texas) has introduced his Poker Freedom Act once again, but what are the odds of passage this time? Also, industry news from Caesars Entertainment, Full Tilt Poker and Ireland.
Several factors should be considered before joining Strip building boom
15 Jul 2013
There’s an art to landing big contracts, especially if you’re a smaller, local operator. What’s more, today’s construction frenzy can teach any small company a few lessons on how — or even whether — to land those big fish.
Bold move has Caesars on top
15 Jul 2013
Two years after Caesars Entertainment Inc. perplexed Wall Street by acquiring social gaming operation Playtika, the casino giant has moved past rival Zynga Inc. to the top of the business model.
Caesars spinoff approved, will have $1.18 billion stock offer
11 Jul 2013
The news sent shares of Caesars Entertainment up almost 13 percent Wednesday.
Caesars exec's work about to become complicated - but he likes it that way
6 Jul 2013
Mitch Garber’s attention will focus on launching the WSOP tournament’s pay-to-play regulated online gaming website in Nevada.
Caesars Entertainment cutting ties with Paula Deen Enterprises
27 Jun 2013
In a statement Wednesday, Caesars said it reached “a mutual agreement” with Paula Deen Enterprises not to renew the two companies’ business relationship.
Architecture for Humanity is Caesars Entertainment's charity partner for Atlantic City Food and Wine Festival
26 Jun 2013
Architecture for Humanity’s "Restore the Shore" Fund is the Exclusive Charity Partner for the 2013 Atlantic City Food and Wine Festival.
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