Planet Hollywood Las Vegas News - Page 18

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.

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.

Rooms at the Linq will have a new look as Caesars Entertainment transitions from the Quad Resort & Casino. The company is spending $223 million on the project.

In total, the Nevada Gaming Commission has settled more than $8 million in fines since January 2013.

Lines will be long at Las Vegas sports books when the NCAA Tournament begins today.

Andy Abboud, vice president of Government Relations at Las Vegas Sands Corp., spoke during a debate on the legalization of Internet gaming during the fourth annual iGaming North America event yesterday.

About 700 people are expected to attend the conference, which is not open to the public.

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

The AXIS, which is a 7,000-seat theatre that has been renovated and is nearing completion, will be home to new artist-in-residence headliner Britney Spears.

Britney lands 48 show residency at Planet Hollywood, Las Vegas.

Caesars Entertainment Inc. is spinning off Planet Hollywood, its interactive gaming business, and a planned Baltimore casino into a separate company. Caesars will retain majority ownership.

The news sent shares of Caesars Entertainment up almost 13 percent Wednesday.

Star stops traffic on the Strip by riding on a flatbed truck with a flaming piano surrounded by dancing showgirls.

Chef celebrates opening of Gordon Ramsay Pub & Grill at Caesars Palace and Gordon Ramsay BurGR at Planet Hollywood Resort & Casino.

Bally Interactive Vice President of Business Development John Connelly said he didn't expect federal legalization of online poker anytime in 2012.

American Indian tribes expressed concern at iGaming North America about possible state-regulated online poker laws.

Land-based companies like Caesars Entertainment that once viewed online gambling as a threat are now lobbying for federal regulation of the industry.

The prospects for federal legalization of Internet poker in 2012 are becoming less and less likely as the year drags on.

Recording artist CeeLo Green will be the headliner at the Planet Hollywood Resort & Casino with his new shot, "CeeLo Green Presents LOBERACE."

Despite increases in revenues and operating income, the land-based casino giant suffered a $220.6 million net loss in the fourth quarter.