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Actionable news in CZR: Caesars Entertainment Corporation,

Caesars logs $2 billion loss on charges

Caesars Entertainment Corp., once the world's largest gambling company, swung to a $2 billion quarterly loss on charges tied to reorganizing its largest unit under bankruptcy protection.

Based in Las Vegas, Caesars is largely a holding company operating casino resorts under such brands as Caesars, Harrah's and Horseshoe. The company has been saddled with debt since an ill-timed leveraged buyout in 2008.

Over all, Caesars reported a loss of $2.08 billion, or $14.25 a share...


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