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If there’s one thing you can say about the tourism sector of Las Vegas, it’s clearly in a state of transition.
LAS VEGAS (AP) — Casino company Eldorado Resorts Inc. says it is selling two of its 26 properties and will use the proceeds to help it buy Caesars Entertainment Corp.
Just when it seems one giant wave of gaming headlines ebbs, another follows.
Caesars Entertainment Corp. said it expects to offset $80 million in increased labor costs this year with corporate layoffs and fewer comps and giveaways.
Caesars has already cut property level employment by 12 percent since 2014.
Caesars Entertainment and UNLV announced they will build a gaming and hospitality technology innovation space, complete with mock hotel rooms, a casino floor and sportsbook.
NEW YORK (AP) — Caesars Entertainment is appointing a veteran of the Las Vegas Strip as its new chief executive.
Caesars Entertainment Corp. is expected to name a new chief executive, according to several financial publications.
Tony Rodio, the top executive of privately held Affinity Gaming since October, is expected to be named the successor to Caesars CEO Mark Frissora Monday.
Reuters is reporting that Eldorado Resorts and Caesars Entertainment are discussing the possibility of a merger.
Caesars Entertainment is planning to cut costs by laying off some of its corporate employees.
The company announced Thursday the layoffs could save $40 million per year. Caesars also says it will reduce the number of vacant jobs and slash spending on consultation.
LAS VEGAS (AP) — Activist investor Carl Icahn has upped his stake in casino giant Caesars Entertainment.
There’s never a dull moment in the gaming industry, and the past few weeks have been no exception.
Caesars Entertainment Corporation will build its first non-gaming hotel in the U.S. in Scottsdale, Arizona.
The company announced Monday ground will break sometime in the second half of the year on the 266-room Caesars Republic Scottsdale near Scottsdale Fashion Square.
Tilman Fertitta, the owner of the Golden Nugget Casinos, has approached Caesars Entertainment about a possible merger.
Caesars has a market capitalization of $6.3 billion, and Fertitta’s net worth is pegged by Forbes magazine at $4.5 billion.
Caesars Entertainment's stock fell sharply Wednesday after the company said it expects weak results in the current quarter because of fewer scheduled events and lower room rates in Las Vegas.
Two Atlantic City casinos owned by Caesars Entertainment are joining New Jersey’s sports betting market this week and another two in Mississippi will open in August.
LAS VEGAS (AP) — Casino operator Caesars Entertainment is building a meeting and event space complex near the High Roller observation wheel in Las Vegas.
LAS VEGAS (AP) — Twelve-thousand unionized workers at the casino-resorts operated by Caesars Entertainment in Las Vegas have a new contract.
Caesars Entertainment Corporation has moved another step closer to building its new convention center.