Bankruptcy Court in Chicago, the former workers are owed nearly $33 million in retirement pay. placed its largest operating division into a Chapter 11 bankruptcy reorganization in an effort to cut $10 billion in debt.Īccording to a filing with the U.S. Houng is one of 63 former employees and executives whose retirement payments were halted in January when Caesars Entertainment Corp. He has a much different feeling about Caesars today. Everybody who worked for Caesars was very proud,” Houng, 78, said Monday. He spent 32 years at the resort, retiring as an executive vice president. Kenneth Houng became one the Strip’s first Asian casino hosts when he joined Caesars Palace in 1982. Ng-Houng lost his pension after Caesars Entertainment Operation Company filed for bankruptcy. Kenneth Ng-Houng, a retired Caesars Palace executive, during an interview at the Las Vegas Review-Journal on Monday, March 23, 2015.
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