Fast Track

Caesars shares plummet as judge refuses to dismiss creditor lawsuits

23rd July 2015 7:36 am GMT
Caesars Entertainment

Caesars Entertainment Corporation saw its share price fall by more than 40 per cent in New York Wednesday after a judge refused to grant an injunction that would prevent its creditors from pursuing claims against the operator as it restructures its Caesars Entertainment Operating Company (CEOC) subsidiary.

In March, Caesars filed an adversary action against a number of creditors at the US Bankruptcy Court for the Northern District of Illinois in Chicago, requesting that [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.


Already a subscriber or registered user? Login

Skywind Group
Pragmatic Solutions