From Pennsylvania Gaming Control Board and Iowa Racing and Gaming Commission
Caesars Entertainment, Caesars Entertainment Operating Co. gets new approvals
The approvals represent important milestones in the ongoing efforts to complete CEOC's restructuring.
2017-06-16
Reading time 24 seg
The approvals represent important milestones in the ongoing efforts to complete CEOC's restructuring.
Caesars Entertainment and CEOC continue to engage with regulators in jurisdictions where approvals are required for certain aspects of CEOC's restructuring. In addition to Pennsylvania and Iowa, Caesars Entertainment and CEOC have received approvals from gaming authorities in Maryland, Mississippi and Illinois, and certain of the approvals required in New Jersey.
In addition to obtaining the remaining necessary regulatory approvals, implementation of CEOC's restructuring plan is also subject to the completion of the merger of Caesars Acquisition Company with and into Caesars Entertainment, certain financing activities, and other customary closing conditions.
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