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Plans of Caesars Subsidiary to Loan for Asset Shift with $1.3 Billion Value Strongly Opposed

In their official filing with the Securities and Exchange Commission, Caesars Entertainment Corporation confirmed that the unidentified note holders of the company are vying to kill off its subsidiary, Caesars Growth Partners. The company is the growth oriented affiliate of the major casino operator in Las Vegas and other gaming markets such as Macau.

February Gaming Revenues for Nevada Plummeted by 13.7 Percent

February is one of the toughest months for Nevada casinos as the state recorded a massive 13.7 percent decrease in their gaming revenues. The results were compared to the largest gaming monthly revenue which the industry produced in almost five years of operation.

Poker Stars Tried US Gaming License Application Yet Again

Europe based online gaming giant, Poker Stars is not quitting in its quest to enter the fledgling Internet betting market in the US. Although the company experienced one setback after another, news confirmation that the company is again applying for gaming license in the United States spread. Company sources also confirmed the application despite failed [...]

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