Day: May 1, 2024
Alabama Gaming Package Fate Rests With Senate, Vote Planned for Thursday
The fate of the Alabama gaming package compromise agreed to by a special conference committee consisting of three House representatives and three state Senators now rests with the Legislature’s upper chamber. The Alabama Senate on April 30, 2024, considers a gaming package approved by a special conference committee. The Senate was a vote shy of…
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Caesars Open to Selling ‘Non-Core’ Casinos to Reduce Debt
Shares of Caesars Entertainment (NASDAQ: CZR) rebound Wednesday from a post-earnings report slide late Tuesday and the gaming company’s reiterated commitment to reducing debt could be one reason behind today’s bounce back by the stock. Caesars CEO Tom Reeg in a 2021 CNBC interview. He said the company is open to parting with “non-core” assets.…
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