Caesars Battles Creditors

The troubled casino giant Caesars Entertainment is in negotiation with first-lien bondholders to restructure and refinance debt, while trading lawsuits with second-lien bondholders. The company recently sold several properties,...

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Revel Delays Bankruptcy Auction

Though officials for Revel Atlantic City say they have received bids for the struggling casino, a bankruptcy auction for the property has been delayed until August. 14. The casino...

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Missouri Casinos Prepare To Extend Credit

Starting August 28, Missouri casinos may extend credit of $10,000 of more to qualified customers. The Missouri Gaming Commission recently established emergency rules to provide guidelines, regulations and internal...

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Wynn Rules in Las Vegas

Steve Wynn’s Sin City resorts, Wynn Las Vegas and Encore, brought in almost as much revenue in the second quarter of 2014 as six MGM properties. The property caters...

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