With a mountain of debt weighing it down, can Caesars Entertainment ever dig itself out organically? I bet the strategy Caesars’ hedge fund controlling shareholders will take includes long legal skirmishes that will eventually whittle down all interests. Caesars will be… Continue Reading
Crown Resorts Pays $280 Million for Las Vegas Strip Casino Site Crown Resorts, Oaktree Capital, Wynn executive partner on Las Vegas casino project Crown’s Packer places another bet on U.S. gaming market with Las Vegas buy
Las Vegas watchers will be particularly excited about the recent annoucement that Crown Resorts plans to develop the former Last Frontier land on the strip. While Phil Ruffin collects income from Treasure Island, he must watch with some interest how the… Continue Reading
The article below highlights the potential growth of online gaming for Boyd Gaming, especially since the Borgata leads NJ online revenue. But boosters of online gaming revenue fail to notice that online revenues represent a tiny fraction of Boyd’s overall… Continue Reading
