- Caesars Entertainment (CZR) will sell a group of casino assets to Caesars Growth Partners (CACQ) for $2.2B.
- Bally's Las Vegas, The Cromwell, and The Quad and Harrah's New Orleans will all change hands pending regulatory approval.
- The sales are part of an effort by Caesars to restructure its Caesars Entertainment Operating Company subsidiary.
Gambling Stock Roundup: Caesars Entertainment Misses; Churchill Downs to Buy Big Fish Games - Analyst Blog
at Zacks.com (Nov 17, 2014)