Subscribe to Casinos & Gaming RSS feed

Casinos & Gaming

Trade panel taps external group to review Caesars issues

NEW YORK — A failure by ISDA’s Credit Determinations Committee to agree whether Caesars Entertainment entered into a technical default in December has resulted in the convening of an external arbitration panel for the first time in six years, and has added to concerns that credit default swaps have begun to unduly influence lender activity.