Planet Hollywood Resort & Casino News
Caesars shares punished after judge's ruling favors creditors
3 June 2015
On Monday, Caesars' shares declined 16 percent in the first trading day after Bloomberg News reported a federal judge handed a small victory to creditors seeking to collect $750 million from the casino company's bankrupt operating division.Failed Las Vegas resort is finally ready for its close-up
18 May 2015
With backing from megastar George Clooney, Las Ramblas was supposed to be an 11-tower set with gambling, condominium and hotel space on a 25-acre stage. But it turned out to be a complete flop.Caesars says lawsuits raise 'going concern' doubts
18 March 2015
In the company’s year-end SEC filing, Caesars said the numerous lawsuits are related to transactions the company has made with its Caesars Entertainment Operating Co., going back to 2010.Inside Gaming: The shape of things to come for Caesars
31 December 2014
It’s abundantly clear Caesars Growth Partners is key to the planned bankruptcy restructuring of overly leveraged affiliate Caesars Entertainment Operating Co.Caesars calls latest default notice 'meritless'
25 November 2014
On Monday, Caesars said it received a default notice last week from UMB Bank related to its senior-secured notes covering CEOC. Caesars said it “does not believe that a default or an event of default has occurred.”Analysts favor Caesars move to put key unit into REIT
24 November 2014
Fitch Ratings Service said in a report, however, the spinoff won’t prevent Caesars from having to go through bankruptcy reorganization to restructure its $22.8 billion debt.Caesars to trim nationwide workforce by less than 1 percent
14 November 2014
The company, which operates nearly 40 casinos in 14 U.S. states and the Canadian province of Ontario, is attempting to restructure its gaming industry-high $22.8 billion debt.Caesars to spend $223 million on revamping Quad, rebranding it as Linq hotel
2 July 2014
Rooms at the Linq will have a new look as Caesars Entertainment transitions from the Quad Resort & Casino. The company is spending $223 million on the project.Inside Gaming: Fattest fines have come in a flurry
25 March 2014
In total, the Nevada Gaming Commission has settled more than $8 million in fines since January 2013.Where to watch the NCAA Tournament in Las Vegas
20 March 2014
Lines will be long at Las Vegas sports books when the NCAA Tournament begins today.
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