July 3, 2015
Embattled US gambling operator Caesars Entertainment Corp, has confirmed the appointment of Mark Frissora as CEO, replacing 12 year leader Gary Loveman, who has taken the position of company chairman. Frissora who joined the corporation as a broad member in February from car rental operator Hertz Global, has been preparing for the transition by visiting Caesars US properties and researching …
Read More »February 6, 2015
Caesars Entertainment CEO Gary Loveman is set to step down from his leadership position on 1 July. Loveman will be succeeded by Mark Frissora who had joined the embattled casino operator from car rental firm Hertz Rental in 2014. Caesars Entertainment stated that Loveman would work alongside Frissora during a transition period for the company which had recently filed for …
Read More »January 16, 2015
Caesars Entertainment Corp has filed for Chapter 11 bankruptcy protection in Chicago this Thursday as the operator looks to cut creditor debt for its Caesars Entertainment Operating CO division which operates Caesars’ 50 casino and leisure properties worldwide. US news reports have stated that the gambling operator seeks to reduce its debt from $18.4 billion to $8.6 billion. The casino operator …
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