LAS VEGAS (AP) – Financial problems plaguing Caesars Entertainment and its casino empire have the company considering a trip to bankruptcy court, possibly as early as Thursday.
It doesn’t necessarily signal the end of this faux Roman Empire, though.
If all goes according to the company’s plan, drawn up with its most senior creditors, it should be business as usual for customers – its doors will remain open, the slot machines will still sing, chips will rest atop tables.
“Caesars is, in a certain sense, a Nevada version of ‘too big to fail,'” said Michael Green, a history professor with the University of Nevada, Las Vegas.
It’s still a gamble.