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Banks including Goldman, Citigroup and Credit Suisse had been working on the float that would have seen almost 10pc of Harrah's sold at a price of between $15 and $17 a share.
John Paulson, the hedge fund manager famed for making billions of dollars from the sub-prime crisis, was also planning to sell the 30.2m shares he had received in exchange for the Harrah's bonds he
Harrah’s, the US casino company controlled by the private equity firms Apollo and TPG, pulled its initial public offer after investors balked at paying about $15 a share, people familiar with the matter said.
Friday’s announcement came only a day after the
ATLANTIC CITY, N.J.
The union representing nearly 800 hotel, food and beverage workers at Resorts Atlantic City is trying to limit the impact of proposed job and pay cuts when new owners take over the casino next month.
Local 54 of Unite-HERE has a negotiating
CLEARWATER, FLORIDA, Nov 19, 2010 (MARKETWIRE via COMTEX) -- Eline Entertainment Group Inc. <span id="quote728894548" class="quotepeekbase
HARRISBURG, Pa.
Backers of a long-struggling casino project in Philadelphia received a few more weeks from state gambling regulators on Thursday to show the regulators that they can get the financing and other crucial elements to get it built.
The Pennsylvania
NEW ORLEANS
Louisiana's state-licensed casinos pulled in a bit more money from gamblers last month than in October 2009.
The 13 riverboats, Harrah's downtown New Orleans casino and the four race track casinos won $196.7 million last month, according to a state
HARRISBURG, Pa. (AP) - Backers of a long-struggling casino project in Philadelphia received a few more weeks from state gambling regulators on Thursday to show the regulators that they can get the financing and other crucial elements to get it built.
The Pennsylvania Gaming Control Board voted
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