Caesars Stock Down to start June 2015

Caesars Entertainment stock has taken a huge hit to start off June 2015 - down 18.8% over the past two days.

The dive comes from bankruptcy fears. It's no secret that one part of the Caesars company is bankrupt. The company hopes they can contain the bankruptcy to that singe subsidiary so the rest of the company wont be affected. A judge's ruling recently put doubts on that plan though, so now there's a thought the bankruptcy could "spread" throughout the company.

It's likely that customers won't even notice these bankruptcy proceedings. Total Rewards will probably still be there, and hotels will operate as usual. It's possible that the company will be going through some major changes behind the scenes in the upcoming months, which might not be a bad thing.