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Caesars Palace News

Malaysian businessman pleads not guilty in new gambling case

The charges stem from an FBI-led raid July 9 at three luxury Caesars Palace villas used in what authorities said was a worldwide multimillion-dollar betting operation.

Feds obtain new gambling indictment against Malaysian businessman

The new indictment adds a conspiracy charge against Paul Phua to the previous felony counts of operating an illegal gambling business and transmission of wagering information.

Caesars facing fine of up to $20 million to settle money laundering charges

Caesars was also informed a grand jury was looking into the charges regarding anti-money laundering practices of the company and its subsidiaries.

Caesars turns in best quarterly performance since 2008

The company's gains in revenue were partly attributed to increased volume through Caesars Interactive, the subsidiary that runs the company's World Series of Poker online poker sites.

Celine Dion announces her return to the Colosseum at Caesars Palace

Celine Dion will return to The Colosseum at Caesars Palace on Thursday, Aug. 27, 2015 to resume her Las Vegas show.

Caesars retiree bitter after flow of pension checks stops

Kenneth Houng is one of 63 former employees and executives whose retirement payments were halted in January when Caesars Entertainment Corp. placed its largest operating division into a Chapter 11 bankruptcy reorganization.

Unprecedented ruse in betting scheme case debated in federal court

The case involves millions of dollars in illegal wagers accepted by the betting operation on the World Cup soccer tournament last year, according to prosecutors.

Elton John celebrates 100th Performance "The Million Dollar Piano" The Colosseum at Caesars Palace

To mark the milestone, Caesars Palace and AEG Live have just announced plans for Elton to return to The Colosseum in October 2015.

Caesars attorney says company 'looking seriously' at lost pension payments

The retirement plans were offered by businesses that were subsequently acquired by Harrah’s Entertainment in the company’s 2005 buyout of Caesars Entertainment for $9 billion.

Inside Gaming: Real estate investment trust concept could happen for MGM Resorts

The gaming industry has embraced REITs, which, by law, don’t pay federal income taxes.

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