Caesars bankruptcy ends amid Asia market shift, Vegas shooting
By Tracy Rucinski
CHICAGO (Reuters) – Caesars Entertainment Corp has an eye on expanding its Caesars, Harrah’s and Horseshoe brands in the United States and abroad after its casino operating unit emerges from nearly three years of bankruptcy as soon as Friday with $10 billion less in debt.
Industry analysts said it may be too late to catch up with rivals like MGM Resorts International, Wynn Resorts Ltd and Las Vegas Sands Corp that have spent years investing in high-growth Asian markets like Macau as U.S. gambling has cooled.
“Twenty-five years ago Caesars was the premiere name internationally but they…
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