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Stock Market & Financial Investment News

News Breaks
August 15, 2014
08:09 EDTCZRCaesar's bondholders see more bankruptcies if loyalty split okayed, NY Post says
A group of Caesar's bondholders, including David Tepper, are pushing back against the company's efforts to transfer control of its Caesars Enterprise Services loyalty unit to a separate entity, according to the New York Post. New Jersey's Casino Control Commission was scheduled to vote on the issue Thursday, but tabled the request as it continues to investigate the matter, the Post added. The unsecured debtholders have told the regulator that if they allow the transfer that Caesars would likely put Bally’s Atlantic City and Caesars Atlantic City into bankruptcy, according to the report. Reference Link
News For CZR From The Last 14 Days
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February 3, 2016
12:29 EDTCZRCaesars unit requests bankruptcy mediator, Reuters reports
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January 29, 2016
09:35 EDTCZRNevada reports Statewide December gaming win up 3.31% to $982.06M
The state also reports Las Vegas Strip December gaming win up 8.2% compared to last year at $600.75M compared to last year. Publicly traded companies in the space include Boyd Gaming (BYD), Caesars (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).

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