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Caesars Wants More Time For Bankruptcy

Caesars Entertainment wants more time to reorganize itself while going through bankruptcy proceedings.

The Las Vegas Review-Journal reports the company has asked a judge to extend the reorganizational exclusivity date to this March.

The company says the extension would give it more time to negotiate with other lenders who haven't agreed to the conversion of Caesars Entertainment Operating Company into a real estate investment trust, and cut nearly $10 billion in debt.

Casey Morell is the coordinating producer of Nevada Public Radio's flagship broadcast State of Nevada and one of the station's midday newscast announcers. (He's also been interviewed by Jimmy Fallon, whatever that's worth.)