Tag Archives: Caesars Entertainment
- Poker player strikes lucky at Leicester Squares Empire Casino
December 6, 2016
Poker fan and Italian, Mr Salvador Jorge, celebrates scooping a massive £33,661 win whilst playing the Bad Beat Poker Jackpot at London’s Empire Casino this month. The Bad Beat Jackpot was launched at the Empire Casino in February 2010 and can be won by anyone playing in a dealer dealt...
- Caesars’ Korean partner can’t find exit; North Korea tells citizens to fink on gamblers
December 1, 2016
Casino operator Caesars Entertainment’s joint venture partner in South Korea says its experiencing delays in extricating itself from the stalled project. In January 2013, Caesars, Indonesian conglomerate Lippo Group and a mystery third party announced the formation of LOCZ Korea, which promised to build a $2b integrated resort in the...
- Caesars Entertainment announces parking program for Las Vegas properties
November 30, 2016
New initiative will help ensure a convenient parking experience for all visitors while also improving infrastructure LAS VEGAS, Nov. 2016 -- Caesars Entertainment Corporation (NASDAQ: CZR) today announced that it will launch a paid valet and self-parking initiative intended to improve the parking experience for guests, local residents and Total Rewards...
- Caesars Entertainment loses $643m in “another solid quarter”
November 8, 2016
Casino operator Caesars Entertainment Corporation lost $643m in Q3, leading its CEO to celebrate “another solid quarter of performance.” Honestly, you can’t make this stuff up. The ephemeral entity known as Continuing CEC – which doesn’t include the still bankrupt Caesars Entertainment Operating Co (CEOC) – saw revenue edge up...
- Caesars reaches deal with lone remaining holdout junior creditor
October 26, 2016
Casino operator Caesars Entertainment has reached a deal with the last remaining bondholder blocking the company’s interminably delayed proposed restructuring. On Tuesday, Caesars announced that hedge fund Trilogy Capital Management had agreed to support the plan to restructure Caesar’s bankrupt main unit Caesars Entertainment Operating Co (CEOC). Neither firm saw...
- Caesars rolls out new automated ‘green light, red light’ comped drink system
September 28, 2016
Casino operator Caesars Entertainment has rolled out a new policy that links comped drinks to how much a customer spends on gambling. On Wednesday, Las Vegas media outlet KTNV reported that Caesars had rolled out a new comp drink monitoring system at all its Nevada properties. The automated system, which...
Atlantic City casinos’ flat October; Borgata building sportsbook
November 15, 2017
Caesars, Gamblit testing skill-based games in Las Vegas
March 30, 2017
MGM’s Maryland casino National Harbor sets new revenue record
September 7, 2017