Fitch gives Caesars Entertainment a CCC rating

12/8/2010 | Las Vegas Sun

Fitch Ratings assigned Caesars Entertainment an issuer default rating of CCC on Tuesday. While the ratings agency took into consideration the company's $23 billion debt, it also praised some of its operations. "The company's Total Rewards customer database has over 40 million members, which the company uses effectively to build loyalty and cross-market its properties," Fitch said.

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