Caesars Entertainment Operating Company is filing for Chapter 11 bankruptcy. CEOC is a subsidiary of Caesars Entertainment, which owns casinos in Tunica.
Caesars Entertainment says all properties in Tunica are still open for business.
Some of the entertainment company properties voluntarily filed for reorganization under Chapter 11.
The Chapter 11 bankruptcy protection process is court-supervised and allows companies to reduce debt.
The company says all operations at Horseshoe Tunica and Tunica Roadhouse will continue as usual and it promises guests won't notice anything different.
The company released the following written statement:
If you want to learn more about CEOC's financial restructuring, including a list of properties included in the Chapter 11 filing, visit
People in the community already have uncertainty about the future of the gaming industry after the recent closing of Harrah's casino in the summer 2014.
An estimated 1,300 people lost their jobs.
Harrah's leaders cited increased competition at other regional casinos as one of the reasons for the decline in business.
WMC Action News 5's Michael Clark is working to learn more about the announcement and what it may mean for people and industry in Tunica County.