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Caesars’ unit argues fresh bankruptcy shield will help bankruptcy case

The bankrupt operating unit of Caesars Entertainment Corp. asked a judge on Tuesday to extend a lawsuit shield for its parent company, which a financial adviser said is critical to making progress toward a settlement with holdout creditors.

Fantasy sports proposal meets buzz-saw of opposition from top officials

Regulators and gaming industry leaders say they’d welcome daily fantasy sports operations in Nevada, but not under the framework offered in proposed legislation unveiled by Fan Duel and Draft Kings, the nation’s largest fantasy providers.