Company that owns Metropolis casino filed for bankruptcy protection
The company that owns Harrah’s Casino and Hotel in Metropolis is seeking help to climb out of debt.
Caesars Entertainment says its main business unit has filed for Chapter 11 bankruptcy protection with the support of most of its creditors.
That means the company wants a court to approve its plans to reduce debt while continuing to stay in business.
Caesars says Harrah’s Metropolis will stay open without changes.