Caesars Atlantic City News - Page 7

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 has been in private talks with banks and lenders since September with the hopes of restructuring a portion of the debt.

A Powhatan, Virgina resident wins Caesars Entertainment jackpot in Three Card Poker 6 Card Bonus.

In a filing with the Securities and Exchange Commission, Caesars announced “non-disclosure agreements with certain beneficial holders” to discuss restructuring debt due in 2020.

The effort is part of an overall restructuring plan announced in May that eliminated more than $1 billion in debt that was due next year while providing a different ownership structure to pieces of the company.

Almost daily, headlines concerning the market’s demise appear in the nation’s top media outlets, including The New York Times, Wall Street Journal and Los Angeles Times.

Four casinos could be closed by fall, displacing more than 8,000 workers — 25 percent of the city’s workforce — and leaving the famous seaside resort looking more like a boarded-up slum.

Harrah’s Resort and Caesars Atlantic City will play host to the Stanley Cup, Clarence S. Campbell Western Conference Trophy, and the Conn Smythe MVP Award, along with MVP Justin Williams and Kings Associate Head Coach John Stevens.

The Stanley Cup is on the road and popping in to visit a few casinos in the process.

It’s cook or be cooked in this year’s Culinary Battles search for America’s Supreme Asian Chef.

The competition will be the showpiece of the company's month-long initiative to raise awareness of preventative health and treatment of breast cancer during Breast Cancer Awareness Month.

The former Philadelphia Eagles quarterback will host parties at Caesars and Harrah's.

The IBF light heavyweight world champion will make his initial title defense on Oct. 26.

Architecture for Humanity’s "Restore the Shore" Fund is the Exclusive Charity Partner for the 2013 Atlantic City Food and Wine Festival.

National food holidays add flavor to Caesars, Harrah's Resort, Bally's and Showboat restaurants throughout April.

Caesars, Harrah’s Resort, Bally’s, Showboat and the Atlantic City Country Club are hosting Beer Dinners, Beer Fest Room Packages, Tap Takeovers and much more in March and April.

Celebrity chefs Robert Irvine, Rocco DiSpirito and The Neelys willhost the largest food and wine festival in the region July 25-28, 2013.

The Mrs. Carter Show World Tour starring Beyoncé will be making a stop at Atlantic City’s Boardwalk Hall on Friday, July 26. This event is sponsored by Caesars Atlantic City.

Hotel packages, spa treatments, fine dining and more provide the perfect romantic retreat at Caesars, Harrah’s Resort, Bally’s, Showboat and the Atlantic City Country Club.

Caesars, Harrah’s Resort, Bally’s, Showboat and the Atlantic City Country Club celebrate professional football’s biggest day with food, hotel and pigskin promotions.