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News Breaks | | | | November 24, 2012 | | 09:29 EDT |  | CZR | Atlantic City losing out to neighboring casinos, Barron's says
Revenues at Atlantic City casinos were down for a sixth straight year before Hurricane Sandy hit as new gaming destinations were built in Pennsylvania and New York, Barron's contends. Caesar's Entertainment (CZR), which owns four properties in the region, has seen its cash flow steadily decline in recent years and has $22B of debt from a 2008 leveraged buyout, the paper adds. Reference Link | |
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News For CZR From The Last 14 Days Check below for free stories on CZR the last two weeks. |
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| June 10, 2013 | | 14:10 EDT |  | CZR | New Jersey reports May Atlantic City casino win down 3.8% to $253.1M
| | | 09:35 EDT | | CZR | Nevada reports April Statewide gaming down 0.2% to $855.67M
 Subscribe for More Information | | | June 5, 2013 | | 15:42 EDT | | CZR | NY authorizes development of three upstate gaming resorts
Governor Andrew Cuomo released the Upstate NY Gaming Economic Development Act, which will establish three destination resorts with gaming in Upstate New York. The legislation authorizes three upstate Destination Resorts to enhance tourism development. Destination Resorts will be selected only on merit by the gaming commission or a separate board to be selected by the commission. No Destination Resort will be authorized in New York City, and no Destination Resort will be located downstate until a minimum of five years after the first upstate Destination Resort opens. Reference Link | |
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