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Gaming regulators recommend new Caesars companies, units


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By Richard N. Velotta, Las Vegas Review-Journal
 
New companies and subsidiaries of Caesars Entertainment Corp. got the green light Wednesday from the state gaming regulators to be licensed in Nevada, a key step toward the company’s emergence from bankruptcy protection.

The state Gaming Control Board voted unanimously to recommend approval of the registration of several companies and the licensing and suitability of several board officers, executives and key employees.

The recommendation will go to the Nevada Gaming Commission for final approval on Aug. 24.

Caesars is the parent company of Harrah’s Lake Tahoe and Harveys at Stateline.

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