Caesars wins key approvals, moves close to bankruptcy exit
By Richard N. Velotta, Las Vegas Review-Journal
Gaming regulators in Louisiana and Missouri have granted the licenses and regulatory approvals necessary for the restructuring of Caesars Entertainment and Caesars Entertainment Operating Co., company officials said Wednesday.
The approvals in those two states were the last major hurdles for Caesars to clear to exit Chapter 11 bankruptcy protection. The company expects to be operating under the restructured corporate governance in early October.
Caesars is the parent company of Harrah’s and Harveys in Stateline.
