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Caesars Entertainment Plans to Franchise Four of its Brands

Caesars Entertainment Plans to Franchise Four of its Brands

LAS VEGAS—Caesars Entertainment Corporation this week announced plans to create unique branding and licensing opportunities with four of its brands—Caesars Palace, Flamingo, The Cromwell, and The LINQ. The move allows the company and select strategic partners to expand the global ...

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Harrah’s Las Vegas Finishes $140 Million Renovation

Harrah’s Las Vegas Finishes $140 Million Renovation

LAS VEGAS, Nev—Harrah’s Las Vegas has completed a $140 million transformation, which includes 1,622 new guestrooms and suites in its Valley Tower. The updated Harrah’s Las Vegas pairs seven-day-a-week free, live entertainment with a new lobby bar and casino floor. ...

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Hotels Add Digital Pay To Accommodate Chinese Travelers

Hotels Add Digital Pay To Accommodate Chinese Travelers

The Chinese digital payment economy is massive—and growing. The leading digital payment services, Alibaba’s Alipay and Tencent’s WeChat Pay, processed a combined $2.9 trillion in 2016, according to reports from the UN-based Better Than Cash Alliance—a 20-fold increase in just ...

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End to Caesars Bankruptcy in Sight

Caesars Entertainment Corp.’s operating unit has been battling in bankruptcy court for more than a year now, but an end to the Chapter 11 restructuring of the division may be in sight with the upcoming release of a court-appointed examiner’s ...

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Caesars CEO Gary Loveman to Step Down

Caesars CEO Gary Loveman to Step Down

Caesars Entertainment Corporation has announced that Gary Loveman, chairman and chief executive officer, will begin transitioning management of the company at the end of the first quarter. Loveman will continue to serve as chairman of Caesars Entertainment and of Caesars ...

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