sunset station casino vegasA press release today announced the news that Cirque du Soleil Entertainment Group has filed for protection from its creditors under the Companies’ Creditors Arrangement Act (CCAA) in Quebec.Investopedia explains that Chapter 15, a section of the US Bankruptcy Code, is a bankruptcy filing that has mechanisms designed “to foster a cooperative environment in international insolvencies.“The new owners reportedly pivoted Cirque toward being an analytics-driven culture, which is pretty much the best way to suck the souls from creative people,” Scott Roeben of Vital Vegas reported earlier this year.big dollar casino free spins no depositOur long-term bullish thesis around the ERI story has not changed at all,” said the analyst.“ERI remains our top idea across our entire coverage universe, and we still believe this will be a triple-digit stock at some point in the not-too-distant future.The company laid off approximately 95 percent of its 4,700 staff and performers, including 1,300 workers in Las Vegas.lake tahoe casinos caesars

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golden nugget casino lake charles entertainmentIf a superior court approves of the request during a hearing tomorrow, Cirque says it will then seek Chapter 15 protection in the United States.”All 44 of Cirque’s global shows were shut down in March.”The Monday rebound for ERI stock comes after the name bled almost 14 percent last week, as gaming equities were pummeled by a resurgence in coronavirus cases.seneca niagara casino sports bettingHowever, with zero revenues since the forced closure of all of our shows due to COVID-19, management had to act decisively to protect the Company’s future,” said Daniel Lamarre, president and CEO of Cirque du Soleil Entertainment Group.It wasn’t all due to the coronavirus.The Federal Trade Commission (FTC) signed off on that deal last week.where are the seminole casinos in florida

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boomtown casino and hotel”All 44 of Cirque’s global shows were shut down in March.The new projection implies an upside of more than 50 percent from where the name trades at this writing.“The new owners reportedly pivoted Cirque toward being an analytics-driven culture, which is pretty much the best way to suck the souls from creative people,” Scott Roeben of Vital Vegas reported earlier this year.”Shows Play Critical RoleLas Vegas casinos rely heavily on marquee entertainment to attract guests to their properties.The company expanded rapidly during the 1990s and 2000s and made its way to the Las Vegas Strip in 1992 with Nouvelle Experience at The Mirage.For the past 36 years, Cirque du Soleil has been a highly successful and profitable organization.harrah s cherokee casino wiki