Caesars Entertainment still planning to sell a Las Vegas casino
Caesars Entertainment’s top executive said the coronavirus pandemic hasn’t changed the company’s plans to sell a Las Vegas Strip casino, though it could delay a deal.
Before the virus, Caesars contemplated selling a Strip property within a year of last month’s Eldorado Resorts-Caesars merger, which created the biggest gaming company in the U.S., CEO Tom Reeg said Thursday during a quarterly earnings call.
That timeline could now be extended to 18 months, Reeg said. “As soon as we get to the other side of the virus and to more normal business levels, you should expect we’ll be thinking about that,” he said
Artist/Author: Tom Reeg August 8, 2020 |
