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Stock Market & Financial Investment News

News Breaks
December 21, 2013
15:34 EDTCZRCaesar's buys non-gaming assets of Atlantic Club in bankruptcy auction
Caesars Entertainment confirmed that its subsidiary, Caesars Entertainment Operating Company, has agreed to acquire the non-gaming assets of the Atlantic Club, including the real property, in a bankruptcy auction, pending approval of the bankruptcy court. The Atlantic Club's gaming assets are being acquired by another buyer. The current owner of the Atlantic Club indicated it plans to close the facility January 13, 2014. Caesars expects to close on the purchase of the property thereafter. Caesars does not intend to resume gaming or hotel operations at the facility, and is evaluating options for the use of the assets, some of which may be used in the company's other Atlantic City properties.
News For CZR From The Last 14 Days
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April 14, 2014
14:06 EDTCZRNew Jersey reports March Atlantic City gaming win down 2.2% to $233.4M
New Jersey reported total gaming win from the casino hotels and Internet gaming operations was $233.4M in March, a 2.2% decline compared to the casino win for the same month of last year, including Atlantic Club. Casino win from the eleven casino hotels open in both March 2013 and 2014 decreased by 1.9%. Internet gaming win increased 15.2% for the month, from $10.3M in February to $11.9M for March. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
April 13, 2014
17:42 EDTCZRCaesar's deal with second-lien bondholders could dilute shares, Barron's says
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April 9, 2014
10:33 EDTCZRBofA/Merrill's gaming analysts hold an analyst/industry conference call
Gaming Analysts provide an industry update and outlook on an Analyst/Industry conference call. Relevant covered companies LVS, WYNN, MGM, PENN, PNK, CZR, BYD and IGT may be discussed on the Analyst/Industry conference call to be held on April 15 at 10:30 am.
10:20 EDTCZRHigh option volume stocks: CZR STZ TCK GIMO NCR

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