Caesars Entertainment Corp. had hoped to test the public’s interest in its activities by offering some of the company’s shares for public sale but the effort was returned to the back burner because of market conditions.
Now, the project is going forward, says the company.
According to initial information, the company plans to list more than 1.8 million share of common stock on the NASDAQ Global Select Market under the trading banner of "CZR." Also, the company indicated some of its principals will join in the offering, bringing the total listing to about 28 percent of the company.
Pricing is expected to be between $8 and $10 per share.
The Las Vegas Strip’s only bingo room is going virtual. The Riviera Hotel and Casino in Las Vegas is launching a partnership this week with Buffalo Studios, the company behind the popular Facebook game Bingo Blitz.
Atlantic City honored Dennis Gomes, by naming the street in front of the casino in his honor Friday. At a curbside ceremony, Mayor Lorenzo Langford unveiled a sign renaming a portion of North Carolina Avenue as Dennis C. Gomes Avenue.
Big changes are in store for gamblers and hotel guests at the Atlantic City Tropicana Casino and Resort as the establishment starts a $25 million renovation project. The undertaking is the first of what could be four or five years of work to re-do the casino resort.
Expanding its hopes of an online future, WMS Industries Inc. (WMS) announced on Monday that it was acquiring Jadestone Group AB, the Swedish online gaming developer.
Pro basketball's San Antonio Spurs and Miami Heat win on the road in the NBA playoffs, Phoenix Coyotes avoid elimination in pro hockey and Bodemeister will skip the Belmont.
