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.
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.
Caesars Entertainment Corp., largest owner of casinos in the U.S., will sell four properties to an affiliate for $2.2 billion, freeing up cash as the company works to restructure $24.5 billion in debt.
Caesars Entertainment Corp. and Starwood Hotels & Resorts Worldwide Inc. are jointly promoting their customer loyalty programs, offering guests an incentive to spend more on rooms, shows and meals with both companies.
Peter Gardener and Rodney Mitchell, the former joint chief executive officers of Leisurenet Ltd. , have started their seven-year prison sentences at Cape Town’s Pollsmor Prison, the Cape Times reported today, citing Jeremy Tyfield, the pair’s lawyer.