New Orleans News - Page 4
Analysts favor Caesars move to put key unit into REIT
24 November 2014
Fitch Ratings Service said in a report, however, the spinoff won’t prevent Caesars from having to go through bankruptcy reorganization to restructure its $22.8 billion debt.
Caesars to trim nationwide workforce by less than 1 percent14 November 2014
The company, which operates nearly 40 casinos in 14 U.S. states and the Canadian province of Ontario, is attempting to restructure its gaming industry-high $22.8 billion debt.
Caesars completes sale of Harrah's New Orleans22 May 2014
The transaction was approved Monday.
Revenue down overall in New Orleans21 May 2014
Harrah's casino saw its revenue rise in April, but it was not the same story across New Orleans other gambling venues.
Gaming regulators OK Caesars plan to sell resorts to affiliate21 March 2014
The deal is akin to a transfer of assets from the parent company to a business that was created last year to help the world’s largest casino operator expand its presence while dealing with its gaming industry-high $23 billion of long-term debt.
Caesars Entertainment reports $1.756 billion in quarterly loss on Atlantic City weakness12 March 2014
Caesars Entertainment Corp. said Wednesday it lost $1.756 billion in the fourth quarter.
Caesars sells four properties, including three on Las Vegas Strip, to subsidiary4 March 2014
Bally's Las Vegas is one of three properties on the Las Vegas Strip that Caesars Entertainment Corp. is selling to its Caesars Growth Partners subsidiary. The other two are The Quad and The Cromwell. Harrah’s New Orleans also is involved in the sale
ProVenue(R) by tickets.com(R) is off to the races25 January 2013
Tickets.com to provide ProVenue platform for ticketing operations at Fair Grounds Race Course & Slots.
Several Gulf Coast casinos to halt operations because of storm's pending landfall28 August 2012
Harrah's New Orleans, Boyd Gaming Corp.'s Treasure Chest, and Pinnacle Entertainment's Boomtown New Orleans will voluntarily close indefinitely until further notice.
Louisiana racetrack to evacuate horses and cancel races27 August 2012
Fair Grounds Race Course will participate in mandatory evacuation for Isaac and move 700 horses.
Pinnacle Entertainment to add small hotel to Boomtown New Orleans casino25 July 2012
The development at Boomtown New Orleans would mark the second construction for Las Vegas-based Pinnacle in Louisiana.
Healthy February for New Orleans casinos16 March 2012
New Orleans casinos enjoyed a happy February with all except Boomtown reporting increased revenue over Feb 2011 figures.
Caesars looking to redevelop Mississippi casino20 January 2012
Caesars Entertainment is exploring options for its Grand Casino in Biloxi, which was damaged by Hurricane Katrina in 2005.
WSOP Circuit Events attendance up 25 percent20 December 2011
Overall attendance is up more than 25% over the same time last year through the first six stops of the 2011-2012 World Series of Poker Circuit Events.
October revenue down for New Orleans casinos18 November 2011
Revenue down both locally in New Orleans and statewide for casinos compared to October 2010.
Caesars Entertainment hosts September events inviting the LGBT community to come out19 August 2011
New Orleans, Las Vegas and Atlantic City Resorts Celebrate Pride with variety of entertainment experiences.
Caesars Entertainment announces 2011-12 WSOP Circuit schedule20 July 2011
The eighth season of the WSOP Circuit features several exciting enhancements, all leading to the most dramatic conclusion to any season played so far.
VERSUS to broadcast WSOP Circuit events1 June 2011
VERSUS will air two one-hour episodes from the 2010-2011 WSOP Circuit season every Thursday night in June.
Top-10 spring break gambling destinations7 March 2011
Spring break is right around the corner, so Casino City's Dan Igo has come up with his top-10 destinations for the gambling college student.
Harrah's New Orleans cut full-time employee hours24 January 2011
Numbers of full-time workers has fallen at Harrah's New Orleans, despite requirement under bankruptcy agreement to maintain a certain level.
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