Caesar's to pursue gaming license in Orange County, New York State Caesars announced plans to pursue a license to develop a resort casino in Woodbury, New York. Caesars has reached a preliminary agreement on key terms for a ground lease on land in Woodbury under the control of developer David Flaum.
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Caesar'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