Jump to content


Caesars, Other Casino Operators Consider Bidding For Three Gta Sites


  • Please log in to reply
10 replies to this topic

#1 FCP Bob

FCP Bob

    Limit Holdem Dinosaur

  • Root Admin
  • 26,842 posts
  • Gender:Male
  • Location:Scarberia

Posted 31 August 2016 - 03:18 AM

Hopefully Woodbine will include a large poker room.

Caesars, other casino operators consider bidding for three GTA sites


The winning company will take control of the sites and propose future plans.

Bob

info@fullcontactpoker.com

#2 hank213

hank213

    inventor of the tactical turtleneck..the tactilneck

  • Members
  • 9,498 posts
  • Gender:Male
  • Location:Danger Zone

Posted 31 August 2016 - 01:34 PM

Isn't Caeser's having all kinds of problems with it's debt restructuring/bankruptcy? Like they're getting ready to get the balls sued off them by bondholders or something?
Bloody Mary, full of vodka, blessed are you among cocktails. Pray for me now at the hour of my death, which I hope is soon. Amen.

#3 FCP Bob

FCP Bob

    Limit Holdem Dinosaur

  • Root Admin
  • 26,842 posts
  • Gender:Male
  • Location:Scarberia

Posted 31 August 2016 - 01:46 PM

View Posthank213, on 31 August 2016 - 01:34 PM, said:

Isn't Caeser's having all kinds of problems with it's debt restructuring/bankruptcy? Like they're getting ready to get the balls sued off them by bondholders or something?

they are. If they win the bid it will help their reorganization.

From the article.

Quote

The New York Post reported that Caesars Entertainment, the famous casino operator now in bankruptcy protection, is using its bid for GTA hosting rights to try to win creditors’ support for a reorganization.

Bob

info@fullcontactpoker.com

#4 DiamondDixie

DiamondDixie

    Poker Forum Groupie

  • Members
  • 920 posts
  • Gender:Female
  • Location:Chillin' in Meereen
  • Interests:Poker
  • Favorite Poker Game:Hearthstone :)

Posted 31 August 2016 - 05:59 PM

Weird, they closed the Harrah's in Tunica, MS and stopped construction on the Margaritaville Casino in Biloxi, MS a long time ago. The foundation is just sitting there creating a big 'ol eye sore right on the gulf. Seems a little odd
that they're trying to make this type of acquisition at this time. However, it has seemed like they've been trying to expand more outside of the US, which is likely a very good idea. Maybe, as you say Bob, this is a start to their reorganization and furturing their non US interest.

Hi to all by the way! I took a long break from poker and currently am occasionally getting my feet wet a little here and there. Mostly I seem to have become a net depositor, LOL. Hope you all are doing well, I've missed everyone a bunch.

#5 hank213

hank213

    inventor of the tactical turtleneck..the tactilneck

  • Members
  • 9,498 posts
  • Gender:Male
  • Location:Danger Zone

Posted 31 August 2016 - 07:02 PM

View PostFCP Bob, on 31 August 2016 - 01:46 PM, said:

read the article then post, you twat

FYP.

:icon_doh:
Bloody Mary, full of vodka, blessed are you among cocktails. Pray for me now at the hour of my death, which I hope is soon. Amen.

#6 DiamondDixie

DiamondDixie

    Poker Forum Groupie

  • Members
  • 920 posts
  • Gender:Female
  • Location:Chillin' in Meereen
  • Interests:Poker
  • Favorite Poker Game:Hearthstone :)

Posted 31 August 2016 - 07:38 PM

I read the article and aren't you nice. Now I remember why I haven't posted here in ages.

You obviously have reading comprehension problems. Nothing I said is contradictory (that means disputing) to the article. Let me say it simpler for you, Caesars is in financial trouble, they seem to be moving toward more non-US investments and interest, making this acquisition (that means purchase or merger) make sense.

FYP :P

#7 hank213

hank213

    inventor of the tactical turtleneck..the tactilneck

  • Members
  • 9,498 posts
  • Gender:Male
  • Location:Danger Zone

Posted 31 August 2016 - 08:17 PM

Dixie, he was replying to me. So, see, I was calling myself a twat because Bob is too polite to say what I edited his post to say. So who here has reading comprehension problems again? Thanks for sucking the most meager of breezes out of my joke. Welcome back, but perhaps you should brush up on your FCP-speak http://www.fullconta...showtopic=64784 so you can use FYP properly. Oh, and do try to remember that just because a post is after yours doesn't mean it is directed at you or even has anything to do with you. Enjoy your visit.
Bloody Mary, full of vodka, blessed are you among cocktails. Pray for me now at the hour of my death, which I hope is soon. Amen.

#8 hank213

hank213

    inventor of the tactical turtleneck..the tactilneck

  • Members
  • 9,498 posts
  • Gender:Male
  • Location:Danger Zone

Posted 31 August 2016 - 08:23 PM

On topic: IIRC it was expansion moves not entirely unlike this that got them over-leveraged the last go around. I don't know how eager the market is going to be to embrace this strategy again so quickly but I suppose there are plenty of suckers out there.
Bloody Mary, full of vodka, blessed are you among cocktails. Pray for me now at the hour of my death, which I hope is soon. Amen.

#9 DiamondDixie

DiamondDixie

    Poker Forum Groupie

  • Members
  • 920 posts
  • Gender:Female
  • Location:Chillin' in Meereen
  • Interests:Poker
  • Favorite Poker Game:Hearthstone :)

Posted 01 September 2016 - 05:15 PM

oops shit, hell I totally see it now. I thought I remembered you being one of the nice ones, sorry. I think my forum skills got rusty during my break.

I totally agree with your last post. IIRC that is exactly what caused their problems. I do however get their desire to expand outside this ****ed up country.

#10 BigDMcGee

BigDMcGee

    Forum Entitlist

  • Members
  • 26,639 posts
  • Gender:Male

Posted 01 September 2016 - 10:59 PM

I'm the dick, he's the nice guy.
"We are only wise in knowing that we know nothing"
-Socrates

"Dust. Wind. Dude."
-Ted Theodore Logan

"I'm a basketball player and a businessman, not a Thundercat,"
-Lebron James

#11 FYP

FYP

    Poker Forum Regular

  • Members
  • 177 posts
  • Location:Fixing it

Posted 03 September 2016 - 10:03 AM

View PostBigDMcGee, on 01 September 2016 - 10:59 PM, said:

Ya'll are some slanderous motha ****a's.


FYP
The plot is very good and it usually keeps the views interested and on the edge of his seat.




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users