Caesars Entertainment Corp has appointed Keith Causey as chief accounting officer.
He replaces Diane Wilfong, who has left the company “to pursue another opportunity”, Caesars said in a press release.
The company added: “There are no disagreements between Wilfong and Caesars Entertainment regarding the company’s financial reporting, operations, policies or practices.”
Caesars said on October 8 in a filing to the U.S. Securities and Exchange Commission that a fund representing a group of Caesars bondholders has declared that one of the company’s subsidiaries is in default on a portion of its borrowing after it pledged collateral to senior creditors.
Caesars is a joint venture investor in a planned casino resort at Incheon, South Korea. It hopes to open the first phase of the venue by 2018.
Mr Causey will have responsibility over all corporate accounting and internal audit functions for the parent. He joins Caesars from U.S. carmaker General Motors Corp, where he served as executive director, global business services – finance.
Sep 19, 2018Nowadays, millennials, people who were born in the 1980s or...
Aug 16, 2018Food and drink have been heavily marketed as part of Macau...
Jun 27, 2018Macau’s gaming law needs to be amended in order to...
Nov 16, 2018Bringing e-Sports or virtual reality (VR) games into casinos is a “meaningful” experiment in diversification for casino operators, even in the Macau context, where the city’s casinos are...
Nov 16, 2018
"I am not going to speculate on what the [casino licence refreshment] tender requirements would be. I have full confidence and faith in the Macau government to treat everyone fairly"
Wilfred Wong Ying Wai
President and chief operating officer of Macau-based casino operator Sands China