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Stock Market & Financial Investment News

News Breaks
December 6, 2012
12:57 EDTCZRCaesar's Entertainment volatility elevated as shares trend higher
Caesar's Entertainment December call option implied volatility is at 93, January is at 79, March is at 71; above its 26-week average of 68 according to Track Data, suggesting larger near term price movement after the company received preliminary approval for its online poker license in Nevada, reports the WSJ.
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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 EDTCZRNevada reports July statewide gaming win up 0.65% to $931.8M
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