Casino owner Caesars Entertainment has reportedly priced its IPO at $9. Caesars, which is...

|By:, SA News Editor

Casino owner Caesars Entertainment has reportedly priced its IPO at $9. Caesars, which is looking to sell just 1.8M shares under the ticker CZR, generated revenue of $6.7B over the first 9 months of 2011 (down slightly Y/Y) and a net loss of $467M. Some have questioned the company's valuation, given it's saddled with $22B in debt and could soon face major stock sales from its private equity owners. (S-1 filing)