Hail, Caesars Entertainment: the casino business may or may not be eyeing Atlantic City’s Revel as their newest acquisition
We doubt that the Roman emperor himself kept his name front side and center since well as Caesars Entertainment Corporation does these days. And despite continuing to carry the gaming industry’s heaviest debt load hovering at the $24 billion mark, buying and building new properties does not seem to be a problem for this casino conglomerate.
Lately, they have been in talks with Japanese leaders to build a possible new casino in Osaka just as video gaming is legalized in Japan, and now the news that is latest, based on some insider reports, is that they have their eye on Atlantic City’s issue youngster casino, Revel.
Could Revel Become Next on Their List?
Revel formally went into bankruptcy right back in March 2013; not even 12 months into its once-gloriously touted entrance onto the Atlantic City land gaming that is beleaguered scene. Now anyone interested in snatching the casino up will have under a couple of weeks to submit a bid, and according to Bloomberg, Caesars isn’t a slam dunk with this purchase; neither is it even 100 percent specific they shall also take action to take action.
Other contenders are definitely into the mix; those include Orlando-based tricky Rock Overseas, who the New York Post month that is last as being https://myfreepokies.com/indian-dreaming-slot-review/ in ‘advanced negotiations’ for the purchase. That was after a decisi Continue reading “Caesars Preps for Possible Revel-ation in Atlantic City”