Caesars Entertainment Corp. is about to find out whether $100 million is enough to entice lenders to finance a plan that would put valuable casino assets out of the reach of most of its current creditors in case of a bankruptcy.
When investment adviser Kenneth Ira Starr was accused of running a $30 million fraud scheme, the charges didn’t shock lawyers for the late Joan Stanton, an actress who was the voice of Lois Lane on “The Adventures of Superman” radio program in the 1940s.
With $23 billion in debt, the most of any U.S. hotel or casino company, Caesars Entertainment Corp. wanted to spruce up its stretch of the Las Vegas Strip without dropping a bundle or adding to a glut of rooms in the city.
Caesars Entertainment Corp. , the world’s biggest casino company, reported a fourth-quarter loss after cost cuts and the acquisition of a Las Vegas casino failed to offset declines in Atlantic City, New Jersey.
We swoop down through the clouds to the Coliseum grounds. We see senators, centurions, aqueducts, Caesar, bloody-handed Brutus, Roman baths. So far, we might be watching a cheesy educational video about ancient Rome or a really bad movie preview.