Louisiana News - Page 12

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Inside Gaming: The shape of things to come for Caesars

31 December 2014

It’s abundantly clear Caesars Growth Partners is key to the planned bankruptcy restructuring of overly leveraged affiliate Caesars Entertainment Operating Co.

Golden Nugget Lake Charles now open

8 December 2014

$700 million Golden Nugget Hotel and Casino Lake Charles is officially open.

Golden Nugget Lake Charles near complete

3 December 2014

The new Golden Nugget Casino in Lake Charles is nearing completion.

Caesars calls latest default notice 'meritless'

25 November 2014

On Monday, Caesars said it received a default notice last week from UMB Bank related to its senior-secured notes covering CEOC. Caesars said it “does not believe that a default or an event of default has occurred.”

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 percent

14 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.

Pinnacle increases quarterly revenues, trims net loss

25 July 2014

Pinnacle’s net revenue grew 108 percent to $555.2 million.

Louisiana may tap gambler winnings for debts

27 June 2014

Gov. Bobby Jindal signs House Bill 236 into law permitting the state to recover money owed to it from gambler's winnings.

Caesars completes sale of Harrah's New Orleans

22 May 2014

The transaction was approved Monday.

Revenue down overall in New Orleans

21 May 2014

Harrah's casino saw its revenue rise in April, but it was not the same story across New Orleans other gambling venues.

Horseshoe Casino to open $4 million DARE Pool

5 May 2014

The DARE pool has a Las Vegas theme, complete with cabanas, palm trees, an outdoor stage for DJs and performers, and full service outdoor bar and lounge. The grand opening ceremony is set for 9 a.m., Friday, June 6.

Lucky Player hits jackpot at Eldorado Resort Casino in Shreveport, LA

28 April 2014

The lucky player was caught by surprise with a life-changing $1,034,027.50 jackpot at Eldorado Resort Casino in Shreveport, LA.

Gaming regulators OK Caesars plan to sell resorts to affiliate

21 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 weakness

12 March 2014

Caesars Entertainment Corp. said Wednesday it lost $1.756 billion in the fourth quarter.

L'Auberge Casino & Hotel Baton Rouge awarded prestigious AAA Four Diamond Hotel rating

5 March 2014

L'Auberge Baton Rouge's Four Diamond rating resulted from a complete hotel evaluation conducted by professional inspectors.

Caesars sells four properties, including three on Las Vegas Strip, to subsidiary

4 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

Pinnacle Entertainment to honor veterans and service personnel with free meals at four Louisiana properties

11 October 2013

Four Pinnacle Louisiana casinos will honor veterans and active duty military personnel with a complimentary meal at buffets and select restaurants on Monday, November 11.

Newest Margaritaville Casino opens with Bravo Pit by Genesis Gaming Solutions

21 August 2013

Bravo Pit table management and player tracking system installed at the newest Margaritaville Resort Casino in Bossier City, Louisiana.

Pinnacle Entertainment's Louisiana L'Auberge properties named Best of the South 2013 by magazine

10 July 2013

L'Auberge Casino Resort in Lake Charles, La. and L'Auberge Casino Hotel in Baton Rouge, La. have earned the prestigious Best of the South 2013 Reader's Choice Award from AAA Southern Traveler Magazine.

Louisiana: Revenue on the rise

21 June 2013

Louisiana casinos see healthy revenue with 1.3 percent increase, but jobs have been lost due to static customer numbers.

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