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Caesars Entertainment Corp (CZR.OQ)

CZR.OQ on NASDAQ Stock Exchange Global Select Market

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20 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Caesars Entertainment Signs Deal To Bring Harrah's Branded Tribal Casino To Northern California
Friday, 13 Apr 2018 

April 13 (Reuters) - Caesars Entertainment Corp ::CAESARS ENTERTAINMENT ANNOUNCES AGREEMENT TO BRING HARRAH'S-BRANDED TRIBAL CASINO TO NORTHERN CALIFORNIA.SIGNED DEFINITIVE AGREEMENT WITH BUENA VISTA GAMING AUTHORITY TO BRING A NEW HARRAH'S-BRANDED FACILITY TO NORTHERN CALIFORNIA.TO PROVIDE BRAND LICENSING, CONSULTING SERVICES FOR CASINO, TO BE NAMED HARRAH'S NORTHERN CALIFORNIA CASINO.INTENDS TO ENTER MANAGEMENT AGREEMENT WITH BUENA VISTA GAMING AUTHORITY TO MANAGE, OPERATE AND MAINTAIN PROPERTY.THE PROPERTY IS EXPECTED TO OPEN IN 2019.  Full Article

Caesars Entertainment Announces Completion Of Harrah's Las Vegas Sale
Saturday, 23 Dec 2017 

Dec 22 (Reuters) - Caesars Entertainment Corp ::CAESARS ENTERTAINMENT ANNOUNCES COMPLETION OF HARRAH'S LAS VEGAS SALE AND LEASEBACK TRANSACTION AND LAND ACQUISITION FOR NEW CONVENTION CENTER IN LAS VEGAS.  Full Article

Caesars Entertainment Announces Completion Of $265 Mln Add-On Term Loan Facility And Redemption Of Chester Downs Notes
Tuesday, 19 Dec 2017 

Dec 18 (Reuters) - Caesars Entertainment Corp ::CAESARS ENTERTAINMENT ANNOUNCES COMPLETION OF $265 MILLION ADD-ON TERM LOAN FACILITY AND REDEMPTION OF CHESTER DOWNS NOTES.CAESARS ENTERTAINMENT CORP - CLOSING OF ADD-ON TERM LOAN REDUCES CO'S ANNUAL INTEREST EXPENSE BY $20 MILLION.CAESARS ENTERTAINMENT - EXPECT SAVINGS TO REACH A TOTAL OF $290 MILLION UPON COMPLETION OF OTHER RECENTLY ANNOUNCED REFINANCING ACTIVITIES.  Full Article

Crown Resorts Signs Divestment Deals To Reduce Debt
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Crown Resorts Ltd ::TO SELL INTEREST IN PART OF PROPERTY, OPERATIONS AT ELLERSTON FOR $62.5 MILLION TO CONSOLIDATED PRESS, ENTITY OF GRETEL PACKER .UNIT TO SELL STAKE IN 34.6 ACRE VACANT SITE ON LAS VEGAS BOULEVARD FOR $300 MILLION TO UNIT OF WYNN RESORTS.UNIT RECEIVED DISTRIBUTION OF 4.2 MILLION CAESARS ENTERTAINMENT CORP SHARES; CO TO SELL ITS CAESARS SHARES VALUED AT $54 MILLION.‍REACHED IN-PRINCIPLE AGREEMENT TO SELL 2 FLOORS OF CROWN SYDNEY RESIDENCES AT CROWN SYDNEY HOTEL RESORT FOR $60 MILLION TO JAMES PACKER.‍CONFIRMS IT'S IN DISCUSSIONS WITH CROWNBET MANAGEMENT TEAM ON POTENTIAL SALE OF CROWN'S 62 PERCENT INTEREST IN CROWNBET FOR $150 MILLION​.CROWN'S SHARE OF GROSS PROCEEDS FROM LAS VEGAS BOULEVARD DEAL EXPECTED TO BE ABOUT US$264 MILLION.  Full Article

Crown Resorts Signs Divesment Deals To Reduce Debt
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Crown Resorts Ltd ::UNIT ‍TO SELL ITS STAKE IN A 34.6 ACRE VACANT SITE ON LAS VEGAS BOULEVARD FOR US$300 MILLION TO UNIT OF WYNN RESORTS.TO SELL ITS INTEREST IN PART OF PROPERTY AND OPERATIONS AT ELLERSTON IN HUNTER VALLEY FOR $62.5 MLN TO CONSOLIDATED PRESS HOLDINGS.‍REACHED IN-PRINCIPLE AGREEMENT TO SELL 2 FLOORS OF CROWN SYDNEY RESIDENCES AT CROWN SYDNEY HOTEL RESORT FOR $60 MLN TO JAMES PACKER .‍CONFIRMS IT'S IN DISCUSSIONS WITH CROWNBET MANAGEMENT TEAM ON POTENTIAL SALE OF CROWN'S 62% INTEREST IN CROWNBET FOR $150 MLN.CROWN'S SHARE OF GROSS PROCEEDS FROM LAS VEGAS BOULEVARD DEAL EXPECTED TO BE ABOUT US$264 MLN​​.UNIT ‍RECEIVED DISTRIBUTION OF 4.2 MILLION CAESARS ENTERTAINMENT CORP SHARES; CO INTENDS TO SELL ITS CAESARS SHARES VALUED AT US$54 MILLION​.  Full Article

Vici Properties Inc Files For IPO Of Up To $100 Mln - SEC Filing
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Caesars Entertainment Corp ::VICI PROPERTIES INC FILES FOR IPO OF UP TO $100 MILLION - SEC FILING.VICI PROPERTIES INC - INTEND TO LIST ITS COMMON STOCK ON THE NEW YORK STOCK EXCHANGE UNDER THE TICKER SYMBOL "VICI".VICI PROPERTIES INC - MORGAN STANLEY, GOLDMAN SACHS & CO, BOFA MERRILL LYNCH ARE UNDERWRITERS TO THE IPO.  Full Article

Caesars Entertainment says units ‍ are each extending early payment deadline, withdrawal time and expiration date for their cash tender offers​
Saturday, 18 Nov 2017 

Nov 17 (Reuters) - Caesars Entertainment Corp :Caesars Entertainment Corp - units ‍ are each extending early payment deadline, withdrawal time and expiration date for their cash tender offers​.Caesars Entertainment Corp - ‍early payment deadline for each of notes is extended to 5:00 p.m. New York City time on december 21, 2017​.Caesars Entertainment Corp - ‍withdrawal time for each of notes is extended to 5:00 p.m. New York City time on December 21, 2017​.Caesars Entertainment Corp - ‍expiration date for each of notes is extended to 5:00 P.M. New York City time on December 21, 2017​.  Full Article

Caesars Entertainment announces redemption of Chester debt securities
Saturday, 18 Nov 2017 

Nov 17 (Reuters) - Caesars Entertainment Corp :Caesars Entertainment announces redemption of Chester debt securities.Caesars Entertainment - ‍subsidiaries are redeeming all of outstanding $330 million principal amount of issuers' 9.25% senior secured notes due 2020​.  Full Article

Caesars Entertainment to acquire Centaur Holdings for $1.7 bln
Friday, 17 Nov 2017 

Nov 16 (Reuters) - Caesars Entertainment Corp :Caesars Entertainment to acquire Centaur Holdings for $1.7 billion.‍Agreement to buy Centuar includes $1.625 billion at closing and $75 million in deferred consideration​.Caesars Entertainment says ‍transaction financing remains under consideration subject to determination of final arrangements​.Caesars Entertainment says ‍transaction is anticipated to be free cash flow positive​.  Full Article

Caesars entertainment announces cash tender offers for debt securities
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Caesars Entertainment Corp :Caesars entertainment announces tender offers for debt securities.Caesars Entertainment Corp - ‍ its wholly-owned subsidiaries have each launched cash tender offers​.Caesars Entertainment Corp - ‍ cash tender offers to purchase any and all of outstanding $1 billion of 8% first-priority senior secured notes due 2020​.Caesars Entertainment Corp - ‍cash tender offers to also purchase $1.15 billion of 11% second-priority senior secured notes due 2021​.Caesars Entertainment Corp - ‍cash tender offers to purchase with respect to CGPH Purchasers, $675 million of 9.375% second-priority notes due 2020​.  Full Article