In this week’s Inside Gaming, Caesars Entertainment Corp. at last earns approval for its bankruptcy plan for the company’s largest operating division, Las Vegas sportsbooks take a historic-sized beating, and the Oakland Raiders file papers with the NFL to relocate to Las Vegas.
Court Approves Caesars Bankruptcy Plan
A much-anticipated moment for Caesars Entertainment Corp. occurred this week when a U.S. Bankruptcy Court accepted the company's bankruptcy reorganization plan for its largest operating unit. The plan was approved on Tuesday Reuters reports, paving the way for Caesars to rid itself of $10 million worth of debt.