Report: Caesars Bankruptcy Blocked Capital Improvements at Atlantic City Casinos

Published: 31/07/2017
Report: Caesars Bankruptcy Blocked Capital Improvements at Atlantic City Casinos
Source: CASINOCONNECTIONAC.COM

A report by the New Jersey Division of Gaming Enforcement points to a lack of capital improvements at Caesars Entertainment’s Atlantic City Boardwalk casinos—due to the company’s bankruptcy proceedings—as a reason for historically low revenue at the casinos. Caesars and Bally’s Atlantic City (l.) have spent a combined $176 million on capital improvements at the two properties since 2008, well belo

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