Login/Register
NetEnt
NetEnt
Playtech
BigTimeGaming

Caesars hit with $6.3bn lawsuit over CEOC restructuring plans

17th June 2015 8:22 am GMT

Casino operator Caesars Entertainment Corporation has claimed that a suit filed by UMB Bank seeking $6.3bn in damages for alleged breaches of the terms of first-lien notes of its operating subsidiary is “without merit” and is seeking an injunction to prevent similar lawsuits.

In the suit, filed Monday in Manhattan federal court, UMB claims that Caesars has breached the terms of first-lien creditor notes and the US Trust Indenture Act by voiding a [...]

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.

Subscribe

Already a subscriber or registered user? Login

Pragmatic Play
Greentube
Skywind Group
Playtech
BigTimeGaming