Caesars Entertainment files for bankruptcy
TUNICA, Miss. — Caesars Entertainment says both of its casinos in Tunica will continue to operate as normal — even though the company is filing for Chapter 11 bankruptcy protection.
The Las Vegas-based company said in a statement Thursday that it filed for bankruptcy to implement a restructuring plan to strengthen its financial position.
Caesars has struggled over the last few years as traditional gaming destinations like Tunica, Atlantic City and Las Vegas face more competition as more U.S. states legalize casino gaming.
Last year, Caesars closed Harrah’s Casino in Tunica, putting 1,300 people out of work.
Currently, Caesars operates two casinos in Tunica — Horsehoe Tunica and Tunica Roadhouse.
A Caesars Entertainment representative says guests at its casinos shouldn’t notice any changes as a result of the bankruptcy filing.