Caesars shares plummet as it faces $11 bln in lawsuits

5 months ago Comments Off on Caesars shares plummet as it faces $11 bln in lawsuits

CHICAGO, Aug 29 (Reuters) – Shares in Caesars Entertainment Corp shed 16 percent on Monday after a U.S. judge cleared the way for $ 11.4 billion in lawsuits against the casino group, which Caesars had warned could plunge it into bankruptcy alongside its operating unit.


Reuters: Financial Services and Real Estate