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Caesars Palace News

Caesars strikes a deal with largest lenders over restructuring efforts

Caesars said the agreement allows the company to focus on gaining support from the last major debt holder group that has yet to agree on the restructuring plan for Caesars Entertainment Operating Co.

Caesars reverses net loss, reporting 17.4% revenue increase

Including the properties managed under the Caesars Entertainment Operating Company, which is in bankruptcy, the conglomerate would still report a net revenue increase of 8%.

Caesars reaches amended agreement with its largest creditors

The beleaguered casino operator filed a statement late on Friday saying it had reached an "amended restructuring support agreement." Its restructuring plans remain the same.

Caesars reaches restructuring agreement with second-tier creditors

Caesars Entertainment Corp. has made a deal with a group of creditors that would improve their recovery prospects when the bankruptcy reorganization is completed.

MGM Resorts to build 5,000-seat theater at Monte Carlo

The $100 million theater is the latest in a line of nongaming developments MGM is investing in at its nine Strip resorts.

Summerlin planning biggest Fourth of July parade in Nevada

The Western Las Vegas Valley expects upwards of 30,000 attendees for its Fourth of July parade, and other festivities are planned across the state.

Mark Frissora takes over as CEO of Caesars Entertainment

Gary Loveman, the former CEO, will stay on as company chairman and oversee the corporation's bankruptcy restructuring.

Caesars Entertainment Operating Co. sees net revenue of $53 million for May

The operating divisions of Caesars Entertainment Corp., which went into bankruptcy in January, has been filing monthly operating reports as part of its reorganization.

Placido Domingo to play the Colosseum at Caesars Palace September 15

To celebrate Mexican Independence Day, world-renowned artist Plácido Domingo will perform at The Colosseum at Caesars Palace on Tuesday, Sept. 15.

Las Vegas, 1967: Kirk Kerkorian saves the Strip from itself

With his purchase of the infamous Flamingo, Kerkorian spared the Strip from mob-related headlines at a time when another scandal would have devastated its tourism industry.

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