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Caesars’ loss widens as cost of interest on debt rises
Hotel-casino operator Caesars Entertainment Corp. of Las Vegas on Tuesday said its first-quarter loss widened, even as business improved in Las Vegas.  Caesars5/8/2013
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Caesars CEO: Old Grand property may be torn down
(Mississippi) -- Gary Loveman, CEO of Caesars Entertainment, parent company of the Grand Biloxi Casino, opened the 20th Southern Gaming Summit on Wednesday at the...
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Caesars’ CEO addresses casino concerns at Biloxi summit
(Mississippi) -- With Mississippi gaming issues at the heart of his presentation, Gary Loveman, president and CEO of Caesars Entertainment, used his keynote address...
5/1/2013
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‘Encouraged’ Caesars Eyes Nevada Online Launch [sub. req'd]
(Nevada) -- Caesars Entertainment chief Gary Loveman said the company is “encouraged” by progress in emerging U.S. Internet gambling markets and plans to...
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Caesars Entertainment still on shaky ground, loses $200 million in first quarter
(Las Vegas) -- Caesars Entertainment narrowed its losses during the first quarter but still saw revenue fall 2.9 percent, from $2.21 billion to $2.14 billion, and...
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Caesars suffers quarterly loss, blames visitation drop
(Las Vegas) -- Caesars Entertainment Corp. blamed reduced visitation at the company’s hotel-casinos nationwide, especially in Atlantic City, for a first-quarter...
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Caesars' 1Q loss shrinks but still misses estimate
(Las Vegas) -- Casino controller Caesars Entertainment Corporation posted a smaller loss for its 1st quarter on Wednesday, yet results still missed expectations as a...
4/26/2013
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Caesars bets future on complex spin-off
(Las Vegas) -- If you cannot grow out of a capital structure, then re-engineer it. That is one interpretation of a complex series of transactions proposed last week by...
4/25/2013
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BLOG: Caesars Blinds Market With Science
(New York) -- The private equity owners behind Caesars Entertainment have been working overtime in their financial laboratory. Apollo Global Management and TPG are...
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Caesars Gains on New Project Venture
(New York) -- Caesars Entertainment Corp. (CZR) extended its 2013 surge as the casino operator said this week it may raise as much as $1.2 billion through a venture unit...
4/24/2013
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Caesars Entertainment Creates New Venture in Online Gambling
(Wall Street) -- Caesars the iconic casino organization has been transferring its energy to internet wagering for quite some time. It’s interactive division has...
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Caesars Shares Soar On Plan To Split In Two
(Wall Street) -- Shares of Caesars Entertainment (CZR) soared Tuesday after the casino operator announced plans to split itself into two companies.
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Casino Stocks: Is Caesars Entertainment Corp a Good Wager (CZR)?
(Wall Street) -- Small cap casino stock Caesars Entertainment Corp (NASDAQ: CZR) surged 27.3%, meaning investors might want to take a closer look at it verses the Market...
4/23/2013
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Caesars Entertainment to Create New Venture
(Wall Street) -- Caesars Entertainment Corp. CZR +27.30% said Apollo Management L.P APO +1.63%. and TPG Capital L.P. plan to invest $250 million each in a new venture...
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Caesars Hits All-Time High On Plan To Split In Two
(Wall Street) -- Shares of Caesars Entertainment (CZR) soared to an all-time high early Tuesday after the casino operator announced plans to split itself into two...
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Investors Cheer Caesars Spinoff Plan
(Wall Street) -- Investors rallied around casino giant Caesars Entertainment Corp. CZR +27.30% Tuesday after the company said it would split off a portion of its...
4/5/2013
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Harrah's Gives Council Cards for Casino Perks
(Illinois) -- Joliet City Council members have been receiving free "Diamond Cards" from Harrah's Casino, allowing them to take advantage of high-roller...
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No more VIP treatment at Harrah’s for Joliet officials
(Illinois) -- Harrah’s won’t send any more Diamond Cards to Joliet city officials, a casino spokesman said Friday. The cards sent to Joliet officials, giving...
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Moody's downgrades Caesars rating
(New York) -- Moody's Investors Service on Friday downgraded its ratings on Caesars Entertainment Corp. due to negative gambling trends. The rating agency dropped...
4/1/2013
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Caesars Entertainment leads gains in casino share prices
(Las Vegas) -- A boost in value that shares of Caesars Entertainment Corp. experienced in February continued into March. The casino giant saw its average daily stock...
3/19/2013
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Caesars Fined for Role in 2007 Gambling Spree
(New Jersey) -- New Jersey gambling regulators this month fined Caesars Entertainment Corp. $225,000 for the casino giant's role in a notorious 2007 gambling spree...
3/14/2013
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Bulls Hail Caesars Entertainment
(New York) -- Caesars Entertainment (CZR_) has huge opportunities in online gambling, and Wednesday traders placed their bets. The option paper was mixed, but...
3/4/2013
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Judge rules sales tax applies to comped meals for gamblers at Caesars casinos
(Nevada) -- A judge has ruled that Caesars Entertainment must pay the sales tax on complimentary meals it provides to high rollers and other gamblers.
2/28/2013
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Caesars Looks to Cash In on Its Online-Gambling Chip
(Las Vegas) -- Caesars Entertainment Corp. CZR +1.81% has been crafting a complex plan to use online gambling and a few other growth assets to pull itself out of a...
2/25/2013
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Caesars takes loss on $450M impairment charge, says Atlantic City casino revenue slumped
(Wall Street) -- Caesars Entertainment Corp. said Monday it took a loss in the fourth quarter after recording a $450 million impairment charge and reporting double-digit...
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Caesars' loss doubles due to charges, business lost to Sandy
(Wall Street) -- Caesars Entertainment Corp. said Monday that its fourth-quarter net loss more than doubled from a year earlier primarily because of noncash impairment...
2/21/2013
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Caesars to start charging resort fees, says guests demanding them
(Las Vegas) -- After years of marketing "no resort fees," Caesars Entertainment will start charging the fees at its Las Vegas hotels.
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Thickening Plot Dept: Vegas.com Deletes Caesars Resort Fee Post
(Las Vegas) -- Ooooh boy, this is interesting. Vegas.com has deleted their blog post which announced that Caesars Entertainment was instituting resort fees at their Las...
2/20/2013
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Caesars begins hiring effort aimed at former military members
(Las Vegas) -- Caesars Entertainment Corp. Chairman Gary Loveman kicked off the company's new hiring initiative Wednesday by introducing six employees ranging from...
2/19/2013
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Caesars has control of location of outdoor marketplace planned by CRDA in Atlantic City
(Atlantic City) -- Atlantic City’s version of a Reading Terminal Marketplace might not bear the Caesars Entertainment name, but the corporation’s influence...
2/13/2013
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Cincinnati casino gets state licenses
(Ohio) -- Regulators have licensed the fourth and final casino allowed under the Ohio Constitution, but not without raising more questions about the shaky financial...
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Horseshoe Casino Cincinnati gets ready to open March 4
(Ohio) -- The Horseshoe Casino Cincinnati has been cleared to open March 4 and will serve as a model for what an urban casino can be, a spokesman for the developers said...
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Ohio casino gets gaming license despite debt issue
(Ohio) -- The Ohio Casino Control Commission on Wednesday issued a gambling license to Ohio's fourth and final voter-approved casino despite the $20 billion in debt...
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Ohio's fourth casino gets approval despite company's $22B debt
(Ohio) -- Ohio’s fourth full-fledged casino, the Horseshoe Casino in Cincinnati, was approved this morning despite concerns that the parent company, Caesar’s...
2/12/2013
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Cincinnati casino opening puts Caesars' finances under scrutiny
(Ohio) -- Caesars Entertainment, the manager of Cleveland's Horseshoe Casino, continues to face financial pressures that the company says could leave it unable to...
2/9/2013
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Cleveland casino, Caesars loyalty program up the ante
(Ohio) -- To rate the most luxurious VIP treatment at the Horseshoe Casino Cleveland and other Caesars Entertainment-run properties, gamblers now have to wager a lot...
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Caesars Entertainment May Sell its Online Gambling Division
(Wall Street) -- It is difficult to get a grip on the amount of debt the iconic gambling and hotel company Caesars Entertainment has on the books today.
2/8/2013
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Caesars Soars on Online Gambling Hopes, Vegas Revenue Jump
(Las Vegas) -- Caesars Entertainment Corp. (CZR), the largest owner of U.S. casinos, gained the most since its first day of trading as Las Vegas Strip revenue rose and...
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Caesars' Short Case Clearer, Simpler -- And Stronger
(Wall Street) -- The catch for shorting the stock is timing; if Christie does sign the New Jersey bill, CZR will definitely see a sharp rise. So I wrote in December in...
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Caesers Entertainment Corp (CZR) Option Players Gamble On a Retreat
(Wall Street) -- The shares of Caesars Entertainment Corp (NASDAQ:CZR - 12.90) have muscled more than 28% higher today, but some option traders are gambling on a short-...
2/6/2013
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Caesars' new subsidiary to include Baltimore casino
(Maryland) -- Caesars Entertainment Corp. plans to create a new subsidiary into which it would transfer its interests in a new casino it is building in Baltimore and in...
2/5/2013
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Caesars Rises on Plan to Sell Stake in Online, New Casinos
(Wall Street) -- Caesars Entertainment Corp. (CZR), the largest owner of U.S. casinos, rose the most in almost two months after saying it may raise money by selling a...
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PE-Backed Caesars To Raise $1.5B In New Debt
(New York) -- Caesars Entertainment Corp., the heavily indebted casino operator majority-owned by Apollo Global Management LLC and TPG Capital, is raising $1.5 billion...
2/4/2013
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Caesars sees quarterly loss wider than expected
(Las Vegas) -- Caesars Entertainment Corp. CZR +11.52% forecast a wider-than-expected loss for the fourth quarter as superstorm Sandy contributed to the casino operator...
1/20/2013
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Gary Loveman of Caesars speech to open Southern Gaming Summit
(Mississippi) -- Gary Loveman, chairman and CEO of Caesars Entertainment, will speak at the opening session of first full day of the 2013 Southern Gaming Summit in...
1/10/2013
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Caesars Entertainment Golf Courses honored by Golfweek Magazine
(Las Vegas) -- The Caesars Entertainment brand and quality are synonymous. And that is the case for the resorts, restaurants, entertainment, golf, and other components...
1/9/2013
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Marrandino Leaves Caesars
(Atlantic City) -- Don Marrandino has resigned as Eastern Division President for Caesars Entertainment. In charge of four Atlantic City casinos, his tenure was seen as...
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Pinky’s Corner: Marrandino’s departure big loss for Atlantic City
(Atlantic City) -- This past week, Don Marrandino resigned from his position as Caesars Entertainment’s Eastern Division manager. He had a three-year term in that...
1/8/2013
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Caesars official's departure comes as company faces tough times
(Atlantic City) -- Marrandino resigned on Friday, according to the company, which owns four casinos in Atlantic City and Harrah's Philadelphia in Chester.
1/6/2013
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Caesars Acquirers Online Social Games Developer Buffalo Studios
(Las Vegas) -- Caesars is a name synonymous with high end gambling and entertainment. Its financial situation looks suspect to some investors but the company seems to be...
1/5/2013
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Gambling and Social Games Continue to Unite: Caesars Interactive Entertainment has acquired Buffalo Studios LLC
(Las Vegas) -- According to a report on Inside Social Games, Caesars Interactive Entertainment has acquired Buffalo Studios LLC, a social and mobile games developer most...
12/30/2012
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Playtika owner Caesars Interactive acquires social gaming product Bingo Blitz
(Las Vegas) -- Caesars Interactive Entertainment acquired Bingo Blitz, a social and mobile gaming business, as well as privately held Buffalo Studios, LLC, of Santa...
12/25/2012
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Caesars, MGM Win Nevada Online Poker Licenses
(Nevada) -- Two Nevada gaming giants were approved to be licensed to conduct legal online poker within the state recently. The online division of Caesars Entertainment...
12/20/2012
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Caesars Awaits 888 Approval For Nevada Online Launch
(Nevada) -- With federal legislation stalled, Caesars Entertainment’s online subsidiary is prepared to start separate poker operations within individual states,...
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Regulators approve Caesars unit for online poker website
(Nevada) -- Caesars Interactive Entertainment was approved Thursday by Nevada gaming regulators to operate an online poker website in the state under the World Series of...
12/17/2012
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5 Stocks in Trouble Regardless of the Fiscal Cliff [2nd Item]
(Wall Street) -- ... Caesars Entertainment; Speaking of debt-ridden companies, let me introduce you to Caesars Entertainment, owner of high-end resorts and casinos in...
12/11/2012
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Caesars names general manager for Las Vegas observation wheel
(Las Vegas) -- Eric Eberhart, a veteran with more than 30 years of entertainment experience, has joined Caesars Entertainment as general manager of the High Roller...
12/10/2012
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Caesars casinos expand charter flights
(Atlantic City) -- Caesars Entertainment seems to be borrowing from the old Frank Sinatra song, “Come Fly With Me.” The casino giant is partnering with...
11/26/2012
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Talking with Caesars Palace concierge Jasmin Vitale
(Las Vegas) -- If I didn’t know he worked here, I would guess Jasmin “Jas” Vitale was a high-profile guest—the fine watch, the impeccably...
11/15/2012
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Caesars appoints new chief financial officer
(Las Vegas) -- Caesars Entertainment Corp. went outside the gaming industry and named Donald Colvin as chief financial officer on Thursday.
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Tech firm exec joins Caesars as chief financial officer
(Las Vegas) -- Casino resort operator Caesars Entertainment Corp. today said Donald Colvin will join the company in the high-profile position of executive vice president...
11/14/2012
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Harrah's Saw Big Revenue Dip in Final Month of Operation
(Missouri) -- Harrah's Casino, in its final month of operation in Maryland Heights, posted the largest year-over-year revenue drop off among the St. Louis-area...
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Caesars Entertainment and Enjoy S.A. Form Strategic Relationship in Latin America
(Las Vegas) -- Caesars Entertainment Corporation (NASDAQ: CZR) and Enjoy S.A. today announced that they have signed a definitive agreement to form a strategic...
11/11/2012
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Harrah’s looks to move casino inside hotel
(Iowa) -- A local gaming expert sees nothing but winning numbers on what Harrah’s Council Bluffs wants to do with its casino. Company officials this week will...
11/9/2012
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Caesars adds tables games, increases scope of $400 million Horseshoe Baltimore
(Maryland) -- Less than 48 hours after Maryland voters approved expanded gaming, Caesars Entertainment Corp. made good on plans to increase the scope of its downtown...
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Caesars plans to invest $25 million more in Baltimore casino
(Maryland) -- Caesars Entertainment, which plans to bring a casino to Baltimore, announced Thursday that it would spend $25 million more and hire 500 more people than...
11/6/2012
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Caesars Entertainment to donate $150,000 to American Red Cross
(Atlantic City) -- Caesars Entertainment will present a $150,000 donation today to the American Red Cross Southern Shore Chapter today.
11/3/2012
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Tahoe properties contribute to Caesars Entertainment quarterly loss
(Nevada) -- Caesars Entertainment Corporation of Las Vegas NV asserted it lost a hefty $505.5 million in the - third quarter, a loss wider than the - $164 million lost...
11/2/2012
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MGM Resorts application approved by Nevada Gaming Control Board
(Nevada) -- Bricks-and-mortar casino operator MGM Resorts International has cleared the first hurdle to participating in America's emerging online poker industry...
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Interactive net revenues increase for Caesars Entertainment
(Wall Street) -- The world’s largest land-based gaming operator, Caesars Entertainment Corporation, has released its financial results for the third quarter of...
10/31/2012
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Buyer identified for Caesars Cotai golf course
(Macau) -- Caesars Entertainment Corp., the U.S. gambling company saddled with USD22.7 billion of debt, plans to sell the golf course plot of land in Coloane after a...
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Caesars posts $500.5 million loss on asset write-downs
(Las Vegas) -- Caesars Entertainment Corp. of Las Vegas said today it lost a hefty $505.5 million in the third quarter, a loss wider than the $164 million lost the same...
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Caesars suffers $220.6 million quarterly loss, sees positive signs from Las Vegas
(Las Vegas) -- Caesars Entertainment Corp. suffered a net loss of $220.6 million in the third quarter, blaming noncash charges of $419 million for the decline compared...
10/30/2012
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Caesars Packs Up in Macau, Leaving Spoils to Its Rivals
(Macau) -- Five years ago, Caesars Entertainment Corp. paid $578 million for a golf course in the Chinese gambling enclave of Macau, hoping to use the land for a casino...
10/25/2012
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Caesars Entertainment, Republic Airways pair for gambler vacation packages
(Las Vegas) -- Caesars Entertainment has signed a three-year agreement with Republic Airways to provide charter flights for Caesars customers nationwide.
10/8/2012
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Casino giant Caesars plans to open hotel in India
(India) -- Caesars Enter-tainment, the world’s biggest casino company, is entering India through non-gaming businesses such as luxury hotels and entertainment...
10/7/2012
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Casino Giant Caesars Entertainment Plans To Open Hotel In India
(India) -- Caesars Entertainment, the world’s biggest casino company, is entering India through non-gaming businesses such as luxury hotels and entertainment...
10/4/2012
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Casino giant Caesars Entertainment plans to open hotel in India
(India) -- Caesars Entertainment, the world's biggest casino company, is entering India through non-gaming businesses such as luxury hotels and entertainment...
10/3/2012
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Caesars plans $180 million renovation of Bill's
(Las Vegas) -- Caesars Entertainment Corp. is planning a $180 million renovation of Bill's Gamblin' Hall & Saloon, which includes adding a rooftop pool deck...
10/1/2012
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Caesars touting tenants at Linq project
(Las Vegas) -- A Brooklyn Bowl entertainment venue, a Yard House beer bar and an Asian-themed food and art marketplace are among anchor tenants coming to a master-...
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Caesars touting tenants at new Vegas Strip project
(Las Vegas) -- Casino giant Caesars Entertainment is announcing some of the tenants lined up for a new dining, entertainment and shopping district opening next year with...
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Nobu Hotel at Caesars Palace taking reservations
(Las Vegas) -- Representatives from the Caesars Palace resort say they're starting to take reservations for the new Nobu Hotel on the Las Vegas Strip.
9/16/2012
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Analysis: Stock struggles, debt have analysts concerned about Caesars
(Las Vegas) -- Let's put to rest one rumor concerning Caesars Entertainment Corp. that has been floating throughout the poker blogosphere.
9/5/2012
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Caesars stock falls; analysts say World Series of Poker could be spun off
(Wall Street) -- The stock of casino resort giant Caesars Entertainment Corp. of Las Vegas continues to fall this week as more analysts suggest it may have to...
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Fitch downgrades Caesars to negative outlook
(Wall Street) -- Fitch Ratings Service said Wednesday it now has a negative outlook toward Caesars Entertainment Corp., hinting that the casino operator could look at...
8/14/2012
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Caesars pays out record Atlantic City bad-beat jackpot
(Atlantic City) -- Caesars Entertainment paid out nearly $800,000 to 411 poker players across five casinos on Monday, the largest bad beat jackpot since the concept was...
8/13/2012
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Caesars Expands U.S. Casino Empire, Despite Debts [sub req'd]
(USA) -- Caesars Entertainment is forging ahead with an aggressive casino expansion plan targeting major cities across the U.S. Northeast as well as Toronto in Canada,...
8/8/2012
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Caesars’ 15% Shows Loveman’s Difficult World: Corporate Finance
(New York) -- Caesars Entertainment Corp. bonds with an average yield of almost 15 percent are indicating the largest U.S. casino owner will have to restructure its $19....
8/6/2012
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Caesars Blames Slowing Economy For A Nasty Second Quarter
(New York) -- Caesars Entertainment posted second quarter results after the bell on Monday, missing top and bottom line estimates as its losses widened. The company...
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Caesars Loss Is Double Analyst Estimates as Casinos Slow
(Wall Street) -- Caesars Entertainment Corp. (CZR), the largest owner of U.S. casinos, reported a net loss for the second quarter that was double what analysts estimated...
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Caesars' quarterly net loss widens as customers spend less
(Las Vegas) -- Caesars Entertainment Corp. widened its second quarter net loss as customers in Las Vegas spent less and the company's Atlantic City casinos continued...
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Loveman: Economy hurts Caesars’ results
(Las Vegas) -- Caesars Entertainment Corp. Chairman and CEO Gary Loveman was notably downbeat Monday in assessing how economic problems and uncertainties have reduced...
8/3/2012
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Caesars named best in area
(Windsor) -- For the 12th consecutive year, Caesars Windsor has been voted by gamblers as the best overall gaming resort in the region.
8/2/2012
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Caesars casino floor evacuated briefly this morning due to electrical fire
(Atlantic City) -- A casino floor was evacuated this morning after an electrical fire caused heavy smoke to spill onto the floor. Firefighters were called to Caesars...
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Caesars Gets Approval For Downtown Baltimore Casino
(Maryland) -- CBAC Gaming, an affiliate of Caesars Entertainment, has been awarded a casino license for a proposed property in downtown Baltimore.
7/31/2012
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Caesars plans $300 million casino in downtown Baltimore
(Maryland) -- Caesars Entertainment Corp. will develop a $300 million casino in downtown Baltimore after an investment group headed by the company was awarded a license...
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Caesars wins license for Baltimore casino
(Maryland) -- A rendering for a Harrah's casino in Baltimore. (Courtesy of Friedmutter Group)A group led by Caesars Entertainment won an expected license from a...
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Caesars-led group gets OK to run Baltimore casino
(Maryland) -- A state commission awarded a license to operate a casino in downtown Baltimore to an affiliate of Caesars Entertainment Tuesday, putting the city on track...
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Slots commission approves casino for Baltimore
(Maryland) -- A state commission on Tuesday approved a slot machine license for Caesars Entertainment to build a casino in Baltimore, and the panel signed off on a...
7/27/2012
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Caesars fined for under-21 gambling
(Las Vegas) -- Caesars Entertainment Corp. is paying the state a $100,000 fine to settle underage gambling charges, but may face a stiffer penalty if it happens again.
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Nevada fines Caesars Palace for underage gambling
(Las Vegas) -- This tourist city has for years prided itself as a destination for the entire family — from Daddy and Mommy on down to little Junior.
7/26/2012
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Missouri directs Caesars owners to sell stake in North Las Vegas casino
(Missouri) -- Missouri gaming regulators have ordered the biggest investors in Caesars Entertainment Corp. to sever their ties with locals casino operator Station...
7/25/2012
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Gordon Ramsay Pub to replace Bradley Ogden at Caesars Palace
(Las Vegas) -- One of the longest-running Las Vegas restaurant rumors became official today when it was announced that chef and culinary TV star Gordon Ramsay, who...
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Caesars gets permit for world’s tallest wheel
(Las Vegas) -- Casino giant Caesars Entertainment says it has obtained a key county permit allowing it to build the world's tallest observation wheel in a planned...
7/24/2012
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Caesars shares thoughts on Md. gambling plan
(Maryland) -- A rendering for a Harrah's casino in Baltimore. (Courtesy of Friedmutter Group)Caesars Entertainment, which could win a license next week to build and...
7/19/2012
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Caesars to pay $100,000 fine to settle under-age gambling, alcohol charges
(Las Vegas) -- Caesars Entertainment Corp. has agreed to pay a $100,000 fine to Nevada gaming regulators to settle multiple charges of gambling and alcohol consumption...
7/18/2012
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Caesars Entertainment agrees to pay $100,000 fine over underage gambling, drinking
(Las Vegas) -- Caesars Entertainment Corp. of Las Vegas has agreed to pay a $100,000 fine after investigations found minors gambled and drank at four of its Las Vegas...
7/17/2012
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Judge dismisses second-hand smoke lawsuit against Caesars Entertainment
(Las Vegas) -- A federal judge has dismissed a lawsuit claiming the health of casino employees is in jeopardy because of their constant exposure to tobacco smoke.
7/5/2012
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AG says Supreme Court should revisit Caesars arena case
(Nevada) -- The Nevada Supreme Court should either rehear or clarify its previous decision on the petition for an 18,000-seat sports-entertainment arena on the Las Vegas...
7/2/2012
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Caesars Palace settles Octavius tower name case
(Las Vegas) -- Caesars Entertainment Corp. reached a confidential settlement of a federal trademark tussle with a man who claimed rights to the "Octavius Tower...
6/20/2012
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Caesars arena initiative suffers a setback in court
(Nevada) -- The Nevada Supreme Court dealt a setback today to Caesars Entertainment’s ballot initiative to create a special taxing district for its proposed sports...
6/18/2012
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Caesars Atlantic City fined $25,000
(Atlantic City) -- Caesars Atlantic City has been fined $25,000 for regulatory violations at a cash cage on the casino floor.
6/12/2012
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Caesars announces design plans for Nobu Hotel
(Las Vegas) -- Representatives from the Caesars Palace resort-casino say they'll start accepting reservations in October for the new Nobu Hotel on the Las Vegas...
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East, West to flavor Nobu Hotel
(Las Vegas) -- David Rockwell says the beauty of Las Vegas is its constant reinvention. He would know. Rockwell and his New York-based Rockwell Group had a hand in...
6/10/2012
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STUTZ: Exec's exit may create scramble for Caesars
(Las Vegas) -- To use a cooking analogy, you don't want to the see your head chef fleeing the kitchen just as the appetizers are headed to a table of food critics.
5/14/2012
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Great Caesars Ghost!
(Missouri) -- Penn National Gaming recently announced it will purchase Harrah's St. Louis Casino in Maryland Heights, Missouri from Caesars Entertainment for $610...
5/13/2012
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Harrah's sale give Caesars money to spend
(Las Vegas) -- Caesars Entertainment, based in Las Vegas, needed money. Penn National Gaming, with headquarters in suburban Philadelphia, had money to spend.
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Caesars Targets Cleveland as Local Cash Eases Debt Burden
(Ohio) -- Caesars Entertainment Corp. (CZR) (CZR), weighed down by almost $20 billion in buyout debt, is opening its first casino in five years today under a growth...
5/11/2012
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Caesars halts promo to get Windsor patrons to gamble in Cleveland
(Windsor) -- Caesars Entertainment Corp., has halted a promotion that encourages Caesars Windsor patrons to gamble at the Horseshoe casino opening Monday in Cleveland,...
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Caesars sorry for trying to 'cannibalize' Windsor casino
(Windsor) -- Caesars Entertainment has apologized for a promotion it mailed to gamblers in Ontario. The flyers encourage Caesars Total Rewards program members who live...
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Loveman says Caesars in broad expansion
(Ohio) -- Caesars Entertainment Corp. is "in the middle of a big expansion" and may sell more casinos in crowded markets to finance new properties in less...
5/7/2012
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Argosy owner reportedly eyeing Harrah's in Maryland Heights
(Missouri) -- Penn National, which owns Argosy Casino in Alton and other gambling establishments throughout the country, is close to a deal to purchase the Harrah's...
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Caesars selling St. Louis property to Penn National
(Missouri) -- Caesars Entertainment Corp. Monday said it will sell its Harrah's St. Louis hotel-casino to regional rival Penn National Gaming for $610 million,...
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Caesars to Sell St. Louis Casino to Penn National
(Missouri) -- Caesars Entertainment Corp. CZR +0.89% agreed to sell its Harrah's St. Louis casino to regional player Penn National Gaming Inc. PENN -1.48% for $610...
5/3/2012
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Caesars writes off unfinished Biloxi casino
(Mississippi) -- Casino operator Caesars Entertainment Corp. says it won't continue construction of the unfinished casino on the beach in Biloxi, Miss.
5/1/2012
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Caesars' net loss nearly doubles, but revenues rise
(Wall Street) -- Caesars Entertainment Corp. said Tuesday it grew quarterly revenues 4.3 percent but the company's net loss nearly doubled due to a decrease in...
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Caesars’ loss widens as cost of interest on debt rises
(Wall Street) -- Hotel-casino operator Caesars Entertainment Corp. of Las Vegas on Tuesday said its first-quarter loss widened, even as business improved in Las Vegas.
4/24/2012
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Column: Conquering Caesars
(Las Vegas) -- The first time I visited Las Vegas was in the summer of 1979. Two boyhood friends and I stayed at a dump on the northern end of Las Vegas Boulevard.
3/27/2012
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STUTZ: Caesars' expansion ambitions may spur stock sale
(Las Vegas) -- There are reasons that Caesars Entertainment Corp. is entertaining the idea of selling additional shares of company stock to raise $500 million. They have...
3/17/2012
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Vegas Wire: Caesars files paperwork for $500 million stock sale
(Las Vegas) -- Caesars Entertainment Corp. on Thursday filed paperwork with the Securities and Exchange Commission to sell as much as $500 million in shares of common...
3/15/2012
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Caesars Goes All In, Adds $500 Mil To The Pot
(Wall Street) -- Casino operator Caesars Entertainment (CZR) is hoping for big winnings with a massive new share offering that's 33 times bigger than last month'...
3/1/2012
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Caesars expands Total Rewards program
(Las Vegas) -- Buying a pair of jeans from Target or a flat-screen TV from Best Buy now will earn Caesars Entertainment Corp. customers points that can be redeemed at...
2/29/2012
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Caesars Entertainment 4Q loss widens, revenue up
(Wall Street) -- Caesars Entertainment Corp.'s fourth-quarter loss widened on increased interest expense, while the prior-year period benefited from a one-time gain...
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Caesars Entertainment reports $220.6 million loss in fourth quarter despite higher revenues and operating income
(Wall Street) -- Despite increases in revenues and operating income, Caesars Entertainment Corp., suffered a $220.6 million net loss in the fourth quarter, due in large...
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Caesars’ revenue up, but loss widens on interest costs
(Wall Street) -- Hotel-casino operator Caesars Entertainment Corp. of Las Vegas said Wednesday that revenue increased in the fourth quarter, though the company posted a...
2/23/2012
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Caesars Boston Bid Highlights Rise Of Urban Casinos [sub req'd]
(Massachusetts) -- Caesars Entertainment has emerged as the front-runner for the crown jewel of the Massachusetts gambling market, but its proposal for a casino in...
2/15/2012
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Caesars chief touts casino at racetrack
(Massachusetts) -- Caesars Entertainment’s chief told a room full of Bay State business titans and power brokers yesterday that a casino in the Hub — like...
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Dear Gary Loveman: Casinos Are Not Mundane Business
(Massachusetts) -- Caesars Entertainment CEO Gary Loveman gave a talk yesterday in front of a group of local powerbrokers at Boston College’s Chief Executives...
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Ohio's first casino to be half-owned by Caesars Entertainment
(Ohio) -- A project half-owned by Caesars Entertainment Corp. will become Ohio's first casino. The Horseshoe Casino Cleveland was given permission by Ohio gaming...
2/14/2012
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Caesars CEO cites online gaming opportunity
(Massachusetts) -- Caesars Entertainment Corp stands to benefit from the rise of social media gaming, Chief Executive Gary Loveman said in a speech on Tuesday.
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Caesars CEO Downplays Casino Risks In Potential New Market
(Massachusetts) -- The top official at Caesars Entertainment Corp. (CZR) sought to defray "hyperbolic commentary" about the casino industry Tuesday while...
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Caesars CEO Gary Loveman asks: What’s to fear?
(Massachusetts) -- The onetime Harvard Business School professor who now runs the largest casino company in the world glibly presented himself yesterday as one of the...
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Caesars pitches Hub casino
(Massachusetts) -- Caesar’s Entertainment grosses nearly $9 billion a year from its 50 casinos around the world, and Tuesday Caesars chairman and CEO Gary Loveman...
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