Tuesday, September 21, 2021

Tag: Mitch Garber

Caesars weighs up sale of interactive subsidiary as legal battle intensifies

Caesars Entertainment CEOC
Casino giant Caesars Entertainment, which remains embroiled in a bankruptcy battle with the creditors of its operating company (CEOC), is now considering selling its $800m-a-year interactive division to an unknown bidder for more than $4bn.   An affiliate of Caesars Entertainment, one of the largest online and land-based casino companies in the US, is contemplating selling its rapidly growing interactive division...

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