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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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September 30, 2014
08:43 EDTCZRApollo wins approval for transfer of Caesar's loyalty program, NY Post says
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September 26, 2014
09:33 EDTCZRNevada reports August statewide gaming win down 3.66% to $920.29M
Nevada reports August Las Vegas Strip gaming win down 6.08% to $553.19M. 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).
September 17, 2014
15:36 EDTCZRCaesar's senior lenders drawn into debt restructuring talks, Bloomberg says
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