Caesars Entertainment Operating Co., a subsidiary of Caesars Entertainment that owns and operates certain properties in the company's network, filed for reorganization under Chapter 11 of the United States Bankruptcy Code on Thursday, Jan. 15. The action was taken in order to implement a restructuring plan to strengthen its financial position, according to a statement released by the company. The statement also noted that all Caesars properties remain open for business and operating as usual; meetings and events are continuing as scheduled, and service quality will be unaffected.
The filing affects the following properties:
Bally's Atlantic City
Caesars Atlantic City
Caesars Palace Las Vegas
Harveys Lake Tahoe, Stateline, Nev.
Harrah's Lake Tahoe, Stateline, Nev.
Harrah's Reno, Nev.
Harrah's North Kansas City, Mo.
Harrah's Joliet, Ill.
Harrah's Metropolis, Ill.
Harrah's Council Bluffs, Iowa
Horseshoe Council Bluffs, Iowa
Horseshoe Hammond, Ind.
Horseshoe Southern Indiana, Elizabeth, Ind.
Horseshoe Tunica, Robinsonville, Miss.
Tunica Roadhouse, Robinsonville, Miss.
Harrah's Gulf Coast, Biloxi, Miss.
Horseshoe Bossier City, La.
Louisiana Downs, Bossier City, La.
For additional information about CEOC's financial restructuring, including a list of properties that are unaffected by the filing, go here