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  • Caesars Entertainment Management Discusses Q4 2012 Results - Earnings Call Transcript [View article]
    Caesar's cost of capital continues to increase as they continually refinance their debt and kick the can down the road. If Caesar's doesn't improve operations quick they will run into their covenants and should have difficulty securing additional financing. As far as, legalized online gambling, I feel that most individuals interested in this form of entertainment are already involved with international websites. Caesars is going to have difficulty convincing these individuals to move their accounts. The real issue is the corporations significant amount of debt, and the increase of interest cost on that debt. The one thing I am interested in is what Caesar's will be able to unload their macau real estate for?
    Mar 2 08:12 AM | Likes Like |Link to Comment
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