By 
Terry Davis ·
American land-based and international interactive gambling firm, Bally’s Corp. plans to cut its interactive workforce in North America by 15% in order to bolster its total operational outlook. The cuts…
By Terry Davis ·
Genting Singapore Limited announced this week that it will wind up and shut down all eight of its subsidiaries in Japan. The move comes after the company put its plans…
By Terry Davis ·
Barcelona continues to face just another test since entering their post – Messi era when Real Madrid makes a trip to Camp Nou on an action-packed Super Sunday that also…
By Terry Davis ·
On Wednesday, October 6th, 2021 the Futbol Club Barcelona announced that were technically bankrupt earlier this year around the time when the president of the team, Joan Laporta, took control…
By Terry Davis ·
Macau’s casino regulator has moved to strengthen its ranks as tourism from mainland China is swelling and gross gaming revenue is improving at the world’s largest gambling hub after a…
By Terry Davis ·
Gibraltar-headquartered provider of gambling solutions Nektan said this week that it is in advanced stages of restructuring its operations, which might include sale of its UK B2C division. As a…
By Terry Davis ·
Nevada’s public utility calls for higher impact fees to be imposed on departing corporate customers Major companies leaving NV Energy could be required to pay a higher “impact fee” if…
By Terry Davis ·
Caesars’ first post-bankruptcy properties set to open doors in Dubai in mid-November Hotel room bookings are now available for Caesars Entertainment Corp.’s two new non-gaming resorts in Dubai, Casino News…
By 
Robert Johnson ·
With a market capitalization of $7.07 billion an multiple properties across the United States, the United Kingdom, and Egypt, among other countries, Caesars Entertainment Corp. is one of the world’s…
By Robert Johnson ·
Las Vegas gaming and hospitality giant Caesars Entertainment Corp. and real estate investment trust VICI Properties announced the completion of the latter’s acquisition of the Octavius Tower at Caesars Palace…
By Robert Johnson ·
New York State Gov. Andrew Cuomo said that he is not supportive of a state commercial casino’s bid for a bailout. The top lawmaker was among the proponents of the…
By Terry Davis ·
Real estate investment trust (REIT) company VICI Properties raised $1.21 billion in its IPO, which was completed on January 31. VICI, which yesterday began trading on OTC Markets under the…
By Terry Davis ·
Major hotel and casino operator Caesars Entertainment Corp. has presented two plans for the development of integrated resorts in two Japanese cities. The company revealed earlier this year that it…
By Terry Davis ·
Major casino operator Caesars Entertainment Corp. confirmed on Monday that it will emerge from prolonged bankruptcy by the end of the week. The company was scheduled to host an investor…
By Robert Johnson ·
After receiving green light from Nevada regulators last week and from its shareholders in July, Las Vegas-based casino operator Caesars Entertainment Corp. needs to overcome just two more hurdles before…
By Robert Johnson ·
Hotel and casino operator Caesars Entertainment Corp. will aim for further Strip development, geographical expansion, and M&A opportunities when it emerges from bankruptcy, CEO Mark Frissora said in a recent…
By Terry Davis ·
Casino operator Caesars Entertainment Corp. has been given court approval to commence a restructuring process under a plan it presented last year. The move also gives the green light to…
By Robert Johnson ·
Estonian casino operator Olympic Entertainment Group (OEG) today announced that its Polish subsidiary Casino Polonia-Wrocław sp. z o.o. has filed for bankruptcy with a local court. Casino Polonia-Wrocław operated Casino…
By Terry Davis ·
Another surprising turn of events will add another tangle to the already complex $18-billion bankruptcy case, involving casino operator Caesars Entertainment Operating Co. Inc. (CEOC), known to be the main…
By Robert Johnson ·
Major gambling operator Caesars Entertainment Corp. may eventually be required to honor debt guarantees of $11 billion, after a US Bankruptcy Judge refused the company a third court shield from…
By Terry Davis ·
Caesars Entertainment Corp. (CEC) may face up to $5.1 billion in damages related to a number of corporate deals that resulted in its main operating unit filing for Chapter 11…
By Robert Johnson ·
Atlantic City Mayor Don Guardian warned that the city may go bankrupt if it is forced to pay the debt it owes the Borgata Casino, the most profitable of all…
By Robert Johnson ·
Caesars Entertainment Operating Company (CEOC), main operating unit of major gambling operator Caesars Entertainment Corp., announced that it had filed an amended reorganization plan together with a disclosure statement and…
By Robert Johnson ·
Creditors of Caesars Entertainment Operating Company, subsidiary of Caesars Entertainment Corp. that provides casino entertainment services, are to appear in court on Monday in a lawsuit against the company. They…
By Terry Davis ·
Gambling operator Caesars Entertainment Corp. may eventually join its main operating company in bankruptcy, after Judge Benjamin Goldgar of the U.S. Bankruptcy Court issued an unfavorable ruling on Wednesday. Judge…
By 
Anthony Huber ·
Representatives of Caesars Entertainment Corp. announced that the company has made yet another attempt to win over the junior bondholders of the bankrupt division. The company has offered them a…
By Robert Johnson ·
Judge Michael Kaplan of the Trenton Bankruptcy Court said on Monday that he would give his approval for the liquidation plan that would bring the shuttered Revel casino in Atlantic…
By Terry Davis ·
UK-based betting and gaming operator Ladbrokes announced earlier today that Damian Cope, International Managing Director for the company, is to step down from his post. Jim Mullen, Chief Executive Officer…
By 
Susan Sutton ·
The previous owners of the former Revel Casino have revealed a number of mistakes that caused the closure of the luxurious property. The construction of Revel Casino was estimated to…
By Robert Johnson ·
Chicago Bankruptcy Judge Benjamin Goldgar said during a hearing, which took place on Wednesday, that Caesars Entertainment Operating Co. (CEOC) can use part of those $847 million it has available…