This week’s Inside Gaming catches up on the latest regarding Caesars Entertainment Corp.’s largest division’s bankruptcy filing and how creditors’ court success has negatively affected the company’s stock, considers how Macau’s slide is affecting Wynn Resorts, and looks at the possibility of New Jersey expanding casino gambling outside of Atlantic City.
Caesars Stock Falls (Again) as Court Battles Continue
While the 2015 World Series of Poker continues at the Rio All-Suite Hotel and Casino, there has been more news over the past week regarding Caesars Entertainment Corp.’s ongoing efforts to manage its industry-leading debt, including its Chapter 11 bankruptcy filing on its largest operating division, Caesars Entertainment Operation Co.