Caesars Files for Bankruptcy

Caesars Files for Bankruptcy

Caesars Entertainment Operating Company, which operates the Cincinnati and Cleveland casinos as well as the Thistledown racino, has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. However, Ohio’s gambling facilities were not listed in the filing. Newly appointed CFO, Eric Hession, has even stated to the Ohio Casino Control Commission that the bankruptcy filing should have little or no impact on Ohio’s facilities. It will continue to be business as usual.

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