[ad_1] Updated Dec. 28, 2023 8:18 am ET A top shareholder in Penn Entertainment is seeking seats on the casino operator’s board. The hedge fund HG Vora Capital Management, which…
Tag: CZR
Las Vegas Strip Workers Reach Tentative Labor Deal with Caesars
[ad_1] Unions representing Las Vegas Strip workers struck a tentative deal with Caesars Entertainment, one of three casino companies working to avert a strike that could start on Friday if…
WSJ News Exclusive | MGM Resorts Refused to Pay Ransom in Cyberattack on Casinos
[ad_1] MGM Resorts refused to pay a hackers’ ransom demand in a September cyberattack that threw its Las Vegas Strip resorts into chaos, according to a person familiar with the…
Las Vegas Hotel Workers Move Closer to Potential Strike
[ad_1] The unions for more than 50,000 housekeepers, bartenders and other staff are seeking higher wages and an increase in on-the-job security protection. [ad_2] Source link
Fox to Wind Down Sports-Betting Site Fox Bet
[ad_1] The broadcaster is closing its sports-betting venture after it failed to grow as quickly as more dominant competitors in the market. [ad_2] Source link
WSJ News Exclusive | Wall Street’s New Trade: Covid-19 Insurance Claims
[ad_1] Distressed-debt specialist Avenue Capital has snapped up part of Caesars’ pandemic-related insurance claim at a steep discount. [ad_2] Source link
Junk-Rated Companies Are Borrowing Again
[ad_1] Bond yields have been rising again lately. That could create complications for low-rated companies that had just started to enjoy having easier access to credit. As inflation showed signs…
Top Office Owners Don’t Want to Own Only Office Buildings Anymore
[ad_1] Real Estate Property Report Apartment-building acquisitions spur quick returns, require ‘minimal capital expenditure’ [ad_2] Source link
Bengals-Bills Bets Voided After Damar Hamlin Collapse Postpones Game Indefinitely
[ad_1] Business FanDuel and BetMGM announce refunds after NFL says game won’t be resumed this week [ad_2] Source link