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Stock Market & Financial Investment News

News Breaks
April 25, 2014
07:37 EDTCZR, PENN, NYNY, PNKCaesar's, Penn National among 22 to submit NY casino proposals, NYT says
22 companies, including big names such as Caesar's (CZR), Penn National (PENN), Empire Resorts (NYNY) and Pinnacle Entertainment (PNK), submitted proposals in the first step of what is expected to be an intense bidding process to be selected to develop the four new casinos approved to be built in New York State, reported The New York Times. Formal bids on the casinos are due June 30, with the board expected to make final decisions by early fall, the report noted. Reference Link
News For CZR;PENN;NYNY;PNK From The Last 14 Days
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August 28, 2014
10:59 EDTCZRCaesar's in talks with creditors to restructure debt load, NY Post reports
The New York Post reports that Caesar's has been in talks to restructure its debt load with its senior creditors. According to sources, the talks would likely give the debt holders positions in the "two newly created pieces of Caesars that hold the most promising assets," which includes the company's online gaming business. Reference Link
09:32 EDTCZR, PENNNevada reports July statewide gaming win up 0.65% to $931.8M
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