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    Japanese Casino Legislation On Target; Organized Crime Gets Shut Out

It’s been years in the making, but Japan spurred on by the promise regarding the 2020 Tokyo Summer Olympic Games appears to be finally making  a push that is real legalizing land gaming into  the area nation. Information reports from Reuters state a draft that is solid of gambling policy has been put together, and Japan’s Diet (parliament) may be reviewing before 12 months’s end for very early 2014 passage, Jesus willin’ and the crick don’t rise.
Baby Procedures Towards Legalization At Last
Even if that happens on routine, however, it might take another two years for the legislators to drum up a more in-depth regulatory overview, which often would at long last open the road towards bonafide legal gambling enterprises to start being built. The objective, of course, being to possess everything up and ready  to move in  time for those tourists that are all-important have the ability  to drop some chunks of modification once  they come to Japan for those summer games.
As we’ve  been seeing ad nauseum of late, corruption, crime and gambling seem  to often rest into  the  same bed together, and with an eye towards trying to stem that tide before the tsunami comes in, Japanese lawmakers are building some interesting safeguards into  their casino regulations. Included in these are producing a gambling that is independent that would in change oversee the license application procedure, as well as making it mandatory for any licensees to really have  a decade’s worth the least their tax, banking and credit informative data on almost all  their top-level executives designed  for review. And not soleley the execs that are actual but most of  the executives’ family unit members will also be scrutinized, presumably so no-one can hide anything by putting it in a partner’s or sibling’s or son’s or daughter’s title.
Oversight Group Will Be Cabinet-Level
The regulatory body will probably  be set as a de facto case group, using  the aim it not beholden to any particular Japanese ministry in its dealings for it being to make. That, in turn, is designed  to minimize the chance for graft or coercion by any of  the mob that is japanese the so-called ‘Yakuza’ organized crime syndicates whom might try to get their fingers into the casino cookie jar.
In presenting the plan’s ideas, legislators said the idea that is overall to make sure ‘the hurdles to enter the business enterprise must certanly be set high … With proper regulation and enforcement … there is  no reason for casinos to become hotbeds of criminal activity.’
Also in the start-up regulatory proposal are calls for limits become set on exactly how  many casinos can be approved within  the early stages, to ensure  that regulations will be enforced and the general impact of these entities in  the populace at big is assessed. And while the most obvious alternatives of major centers that are metropolitan as Tokyo and Osaka will in all probability be the  first locales for these  new legal casinos, there are also provisions within  the plans  to make certain  that some smaller cities could also be taken into consideration for future jobs.



Purchasers and Sellers Dance the Dance with Atlantic City Casinos


Everybody wants an item of Atlantic City’s casinos these full days, it appears

Ah, the Atlantic Club in Atlantic City: your ex that everybody wants to rest with, but no one will marry. This New  Jersey land gaming joint keeps on finding  new suitors, however, and now a brand new one has popped through to the horizon: a local attorney-slash-entrepreneur, George Miller, who’s produced an investment team using  The Flynn Company CEO Kevin Flynn of Philadelphia. Apparently, this real estate duo are eyeing all types  of East Coast casinos, with the target of firming something up before New 12 months’s 2014 strikes midnight in  the clock.
Atlantic Club Simply One Contender
While Miller won’t come right out and say who is looking like they will be getting a diamond just yet, he did tell the Press of Atlantic City their group hasn’t eliminated the Atlantic Club being  a contender, but that they were ‘looking all over the place’ for just the spot that is right make their deal.
The situation is manufactured a bit more interesting for the reason  that both Miller and Flynn hold very small stakes in A caesars-run pennsylvania property; albeit merely  a 0.25per cent stake each. Press of Atlantic City interviewer Donald Wittkowski shows  that this alliance that is minor help  the duo, as Caesars has four casinos in Atlantic City and might be prepared  to part with one. You may recall that Caesars’ international debt-load is sky-high, and some cash right now might be more than welcomed as a number  of their notes are coming due in 2015. Rumors are that possibly Trump Plaza, Golden Nugget and Revel along with Caesars’ Showboat might all be getting sexy glances from Miller and Flynn at this time.
 A lot  of Inventory Shared
It looks like it’s a sellers market these days, however; additionally in line to buy something in Atlantic City likely to then get constantly in place to have a gaming that is interactive for AC’s imminent Internet launch are outfits like PokerStars, possibly Kentucky’s Churchill Downs horse racing operation, and even Philly’s SugarHouse casino owners are considered trying  to expand to  the Atlantic City market. Uk operators 2UP video Gaming is additionally reported become thinking about AC, backed evidently by an unnamed Asian mogul.
On the list of properties letting it be known they could be readily available for the right price are the now-infamous Atlantic Club, the Plaza (which killed a potential deal with the western Coast’s Meruelo Group for $20 million when the casino’s main mortgage holder Carl Icahn said ‘I don’t think so’ to your low-ball offer), in addition to the Golden Nugget and poor ol’ Revel, which just can’t appear to stand up, it’s therefore debt-heavy during the top.
Needless to say, you could wonder why a town whose casinos are doing this generally speaking awful in  the web earnings department has been therefore eagerly courted by a lot of these days, and the answer that is obvious both the interactive gaming potential (you can’t obtain  an online operator’s license without purchasing a land casino) also as the seemingly vague potential for the legalization of sports betting in Atlantic City’s land casinos, which includes been shot down more times than an Iranian war air plane over the White House.
Regardless, Miller claims his investment group is doing its due diligence relating to this market. The past few years, he states he views ‘a lot of good on the horizon. despite Atlantic City’s crappy profit ledgers’



Caesars Entertainment Rearranges Deck Furniture for Debt Restructuring


Caesars Entertainment is doing lots  of restructuring, but will  it help their financially sinking ship?

Can this quantity  of Titanic debt be salvaged from dragging the ship towards the base associated with the ocean that is financial? This is  the question being asked as Caesars Entertainment Corp. put Planet Hollywood one of their kingpin Las vegas, nevada Strip properties into  a new holding company, along with the Interactive Division and the still-being-built Horseshoe Casino Baltimore. The organization has instructed its shareholders they have only until Oct. seventeenth getting in for  a stock fire sale to make $1.18 billion in much-needed cash infusions as well. And you also thought your storage sales were busy.
Shareholders Should Buy Stocks First
The Securities and Exchange Commission (SEC) filing created  by Caesars announces that shareholders can  get  first dibs on one share every one  of the new Caesars Acquisition Co. (CAC) for each and every share for the existing parent company they own. This restructuring was in  the works since  this past Spring, and was officially approved by the Nevada Gaming Control Board in July.
The newly formed CAC will be a partial owner of the also newly created Caesars Growth Partners, and along with Caesars Entertainment (are you dizzy yet?), the new entity will own Planet Hollywood, the Baltimore under-construction property, and Caesars Interactive Entertainment, which, of course, spearheads the World Series of Poker (WSOP) real money online poker brand that just recently launched for Nevada Internet players under the restructuring.
Now you might think the idea of all this fundraising is to pay the company down’s massive current debt, but apparently, they’re studying the White House financials, because they state the raised funds will go towards  new casino tasks in the U.S., in addition to more online development, together  with 888 Holdings, to get  a few online  casino internet sites up and rolling in New Jersey when that state goes online on November 26. They must be in a pissing contest with Obama for the greatest achievable debt ceiling.
Gambling’s Highest Debt Load
Think we’re kidding? Caesars has the dubious honor of holding the casino industry’s highest-ever debt that is long-term at $23.5 billion. In early 2014, they shall perform  a refi of about $5 billion of that, and got about $200 million towards that amount in a stock purchase already.
This somewhat scary debtload doesn’t seem to be deterring anyone from teaming up with the gaming behemoth though; Detroit-based Rock Gaming is in on a joint venture with Caesars to own and operate the $400 million Horseshoe Baltimore once it’s completed and willing  to open in 2015. And Suffolk Downs Racetrack in Boston went into partnership utilizing  the ongoing business as well, as they try  to manage to get thier $1 billion casino project accepted and built in Boston in Massachusetts’ Battle of the Casino Giants game.
Looks even Caesars Deputy General Counsel Michael Cohen isn’t completely sure about this restructuring gameplan, nevertheless.
‘Compared to our money structure, that isn’t a big change,’ he told the Nevada Gaming Control Board about the organization’s spinoff concept if  they signed off on the plan in July. ‘Caesars possesses  lot of debt. We think it’s manageable, but others disagree.

    Japanese Casino Legislation On Target; Organized Crime Gets Shut Out It’s been years in the making, but Japan spurred on by the promise regarding the 2020 Tokyo Summer Olympic Games appears to be finally making a push that is real legalizing land gaming into the area nation. Information reports from Reuters state a draft that is solid of gambling policy has been put together, and Japan’s Diet (parliament) may be reviewing before 12 months’s end for very early 2014 passage, Jesus willin’ and the crick don’t rise. Baby Procedures Towards Legalization At Last Even if that happens on routine, however, it might take another two years for the legislators to drum up a more in-depth regulatory overview, which often would at long last open the road towards bonafide legal gambling enterprises to start being built. The objective, of course, being to possess everything up and ready to move in time for those tourists that are all-important have the ability to drop some chunks of modification once they come to Japan for those summer games. As we’ve been seeing ad nauseum of late, corruption, crime and gambling seem to often rest into the same bed together, and with an eye towards trying to stem that tide before the tsunami comes in, Japanese lawmakers are building some interesting safeguards into their casino regulations. Included in these are producing a gambling that is independent that would in change oversee the license application procedure, as well as making it mandatory for any licensees to really have a decade’s worth the least their tax, banking and credit informative data on almost all their top-level executives designed for review. And not soleley the execs that are actual but most of the executives’ family unit members will also be scrutinized, presumably so no-one can hide anything by putting it in a partner’s or sibling’s or son’s or daughter’s title. Oversight Group Will Be Cabinet-Level The regulatory body will probably be set as a de facto case group, using the aim it not beholden to any particular Japanese ministry in its dealings for it being to make. That, in turn, is designed to minimize the chance for graft or coercion by any of the mob that is japanese the so-called ‘Yakuza’ organized crime syndicates whom might try to get their fingers into the casino cookie jar. In presenting the plan’s ideas, legislators said the idea that is overall to make sure ‘the hurdles to enter the business enterprise must certanly be set high … With proper regulation and enforcement … there is no reason for casinos to become hotbeds of criminal activity.’ Also in the start-up regulatory proposal are calls for limits become set on exactly how many casinos can be approved within the early stages, to ensure that regulations will be enforced and the general impact of these entities in the populace at big is assessed. And while the most obvious alternatives of major centers that are metropolitan as Tokyo and Osaka will in all probability be the first locales for these new legal casinos, there are also provisions within the plans to make certain that some smaller cities could also be taken into consideration for future jobs. Purchasers and Sellers Dance the Dance with Atlantic City Casinos Everybody wants an item of Atlantic City’s casinos these full days, it appears Ah, the Atlantic Club in Atlantic City: your ex that everybody wants to rest with, but no one will marry. This New Jersey land gaming joint keeps on finding new suitors, however, and now a brand new one has popped through to the horizon: a local attorney-slash-entrepreneur, George Miller, who’s produced an investment team using The Flynn Company CEO Kevin Flynn of Philadelphia. Apparently, this real estate duo are eyeing all types of East Coast casinos, with the target of firming something up before New 12 months’s 2014 strikes midnight in the clock. Atlantic Club Simply One Contender While Miller won’t come right out and say who is looking like they will be getting a diamond just yet, he did tell the Press of Atlantic City their group hasn’t eliminated the Atlantic Club being a contender, but that they were ‘looking all over the place’ for just the spot that is right make their deal. The situation is manufactured a bit more interesting for the reason that both Miller and Flynn hold very small stakes in A caesars-run pennsylvania property; albeit merely a 0.25per cent stake each. Press of Atlantic City interviewer Donald Wittkowski shows that this alliance that is minor help the duo, as Caesars has four casinos in Atlantic City and might be prepared to part with one. You may recall that Caesars’ international debt-load is sky-high, and some cash right now might be more than welcomed as a number of their notes are coming due in 2015. Rumors are that possibly Trump Plaza, Golden Nugget and Revel along with Caesars’ Showboat might all be getting sexy glances from Miller and Flynn at this time. A lot of Inventory Shared It looks like it’s a sellers market these days, however; additionally in line to buy something in Atlantic City likely to then get constantly in place to have a gaming that is interactive for AC’s imminent Internet launch are outfits like PokerStars, possibly Kentucky’s Churchill Downs horse racing operation, and even Philly’s SugarHouse casino owners are considered trying to expand to the Atlantic City market. Uk operators 2UP video Gaming is additionally reported become thinking about AC, backed evidently by an unnamed Asian mogul. On the list of properties letting it be known they could be readily available for the right price are the now-infamous Atlantic Club, the Plaza (which killed a potential deal with the western Coast’s Meruelo Group for $20 million when the casino’s main mortgage holder Carl Icahn said ‘I don’t think so’ to your low-ball offer), in addition to the Golden Nugget and poor ol’ Revel, which just can’t appear to stand up, it’s therefore debt-heavy during the top. Needless to say, you could wonder why a town whose casinos are doing this generally speaking awful in the web earnings department has been therefore eagerly courted by a lot of these days, and the answer that is obvious both the interactive gaming potential (you can’t obtain an online operator’s license without purchasing a land casino) also as the seemingly vague potential for the legalization of sports betting in Atlantic City’s land casinos, which includes been shot down more times than an Iranian war air plane over the White House. Regardless, Miller claims his investment group is doing its due diligence relating to this market. The past few years, he states he views ‘a lot of good on the horizon. despite Atlantic City’s crappy profit ledgers’ Caesars Entertainment Rearranges Deck Furniture for Debt Restructuring Caesars Entertainment is doing lots of restructuring, but will it help their financially sinking ship? Can this quantity of Titanic debt be salvaged from dragging the ship towards the base associated with the ocean that is financial? This is the question being asked as Caesars Entertainment Corp. put Planet Hollywood one of their kingpin Las vegas, nevada Strip properties into a new holding company, along with the Interactive Division and the still-being-built Horseshoe Casino Baltimore. The organization has instructed its shareholders they have only until Oct. seventeenth getting in for a stock fire sale to make $1.18 billion in much-needed cash infusions as well. And you also thought your storage sales were busy. Shareholders Should Buy Stocks First The Securities and Exchange Commission (SEC) filing created by Caesars announces that shareholders can get first dibs on one share every one of the new Caesars Acquisition Co. (CAC) for each and every share for the existing parent company they own. This restructuring was in the works since this past Spring, and was officially approved by the Nevada Gaming Control Board in July. The newly formed CAC will be a partial owner of the also newly created Caesars Growth Partners, and along with Caesars Entertainment (are you dizzy yet?), the new entity will own Planet Hollywood, the Baltimore under-construction property, and Caesars Interactive Entertainment, which, of course, spearheads the World Series of Poker (WSOP) real money online poker brand that just recently launched for Nevada Internet players under the restructuring. Now you might think the idea of all this fundraising is to pay the company down’s massive current debt, but apparently, they’re studying the White House financials, because they state the raised funds will go towards new casino tasks in the U.S., in addition to more online development, together with 888 Holdings, to get a few online casino internet sites up and rolling in New Jersey when that state goes online on November 26. They must be in a pissing contest with Obama for the greatest achievable debt ceiling. Gambling’s Highest Debt Load Think we’re kidding? Caesars has the dubious honor of holding the casino industry’s highest-ever debt that is long-term at $23.5 billion. In early 2014, they shall perform a refi of about $5 billion of that, and got about $200 million towards that amount in a stock purchase already. This somewhat scary debtload doesn’t seem to be deterring anyone from teaming up with the gaming behemoth though; Detroit-based Rock Gaming is in on a joint venture with Caesars to own and operate the $400 million Horseshoe Baltimore once it’s completed and willing to open in 2015. And Suffolk Downs Racetrack in Boston went into partnership utilizing the ongoing business as well, as they try to manage to get thier $1 billion casino project accepted and built in Boston in Massachusetts’ Battle of the Casino Giants game. Looks even Caesars Deputy General Counsel Michael Cohen isn’t completely sure about this restructuring gameplan, nevertheless. ‘Compared to our money structure, that isn’t a big change,’ he told the Nevada Gaming Control Board about the organization’s spinoff concept if they signed off on the plan in July. ‘Caesars possesses lot of debt. We think it’s manageable, but others disagree.

    Japanese Casino Legislation On Target; Organized Crime Gets Shut Out<

    It’s been years in the making, but Japan spurred on by the promise regarding the 2020 Tokyo Summer Olympic Games appears to be finally making a push that is real legalizing land gaming into the area nation. Information reports from Reuters state a draft that is solid of gambling policy has been put together, and Japan’s Diet (parliament) may be reviewing before 12 months’s end for very early 2014 passage, Jesus willin’ and the crick don’t rise.

    Baby Procedures Towards Legalization At Last

    Even if that happens on routine, however, it might take another two years for the legislators to drum up a more in-depth regulatory overview, which often would at long last open the road towards bonafide legal gambling enterprises to start being built. The objective, of course, being to possess everything up and ready to move in time for those tourists that are all-important have the ability to drop some chunks of modification once they come to Japan for those summer games.
    As we’ve been seeing ad nauseum of late, corruption, crime and gambling seem to often rest into the same bed together, and with an eye towards trying to stem that tide before the tsunami comes in, Japanese lawmakers are building some interesting safeguards into their casino regulations. Included in these are producing a gambling that is independent that would in change oversee the license application procedure, as well as making it mandatory fo Read more about Japanese Casino Legislation On Target; Organized Crime Gets Shut Out

    It’s been years in the making, but Japan spurred on by the promise regarding the 2020 Tokyo Summer Olympic Games appears to be finally making a push that is real legalizing land gaming into the area nation. Information reports from Reuters state a draft that is solid of gambling policy has been put together, and Japan’s Diet (parliament) may be reviewing before 12 months’s end for very early 2014 passage, Jesus willin’ and the crick don’t rise.
    Baby Procedures Towards Legalization At Last
    Even if that happens on routine, however, it might take another two years for the legislators to drum up a more in-depth regulatory overview, which often would at long last open the road towards bonafide legal gambling enterprises to start being built. The objective, of course, being to possess everything up and ready to move in time for those tourists that are all-important have the ability to drop some chunks of modification once they come to Japan for those summer games.
    As we’ve been seeing ad nauseum of late, corruption, crime and gambling seem to often rest into the same bed together, and with an eye towards trying to stem that tide before the tsunami comes in, Japanese lawmakers are building some interesting safeguards into their casino regulations. Included in these are producing a gambling that is independent that would in change oversee the license application procedure, as well as making it mandatory for any licensees to really have a decade’s worth the least their tax, banking and credit informative data on almost all their top-level executives designed for review. And not soleley the execs that are actual but most of the executives’ family unit members will also be scrutinized, presumably so no-one can hide anything by putting it in a partner’s or sibling’s or son’s or daughter’s title.
    Oversight Group Will Be Cabinet-Level
    The regulatory body will probably be set as a de facto case group, using the aim it not beholden to any particular Japanese ministry in its dealings for it being to make. That, in turn, is designed to minimize the chance for graft or coercion by any of the mob that is japanese the so-called ‘Yakuza’ organized crime syndicates whom might try to get their fingers into the casino cookie jar.
    In presenting the plan’s ideas, legislators said the idea that is overall to make sure ‘the hurdles to enter the business enterprise must certanly be set high … With proper regulation and enforcement … there is no reason for casinos to become hotbeds of criminal activity.’
    Also in the start-up regulatory proposal are calls for limits become set on exactly how many casinos can be approved within the early stages, to ensure that regulations will be enforced and the general impact of these entities in the populace at big is assessed. And while the most obvious alternatives of major centers that are metropolitan as Tokyo and Osaka will in all probability be the first locales for these new legal casinos, there are also provisions within the plans to make certain that some smaller cities could also be taken into consideration for future jobs.

    Purchasers and Sellers Dance the Dance with Atlantic City Casinos

    Everybody wants an item of Atlantic City’s casinos these full days, it appears

    Ah, the Atlantic Club in Atlantic City: your ex that everybody wants to rest with, but no one will marry. This New Jersey land gaming joint keeps on finding new suitors, however, and now a brand new one has popped through to the horizon: a local attorney-slash-entrepreneur, George Miller, who’s produced an investment team using The Flynn Company CEO Kevin Flynn of Philadelphia. Apparently, this real estate duo are eyeing all types of East Coast casinos, with the target of firming something up before New 12 months’s 2014 strikes midnight in the clock.
    Atlantic Club Simply One Contender
    While Miller won’t come right out and say who is looking like they will be getting a diamond just yet, he did tell the Press of Atlantic City their group hasn’t eliminated the Atlantic Club being a contender, but that they were ‘looking all over the place’ for just the spot that is right make their deal.
    The situation is manufactured a bit more interesting for the reason that both Miller and Flynn hold very small stakes in A caesars-run pennsylvania property; albeit merely a 0.25per cent stake each. Press of Atlantic City interviewer Donald Wittkowski shows that this alliance that is minor help the duo, as Caesars has four casinos in Atlantic City and might be prepared to part with one. You may recall that Caesars’ international debt-load is sky-high, and some cash right now might be more than welcomed as a number of their notes are coming due in 2015. Rumors are that possibly Trump Plaza, Golden Nugget and Revel along with Caesars’ Showboat might all be getting sexy glances from Miller and Flynn at this time.
    A lot of Inventory Shared
    It looks like it’s a sellers market these days, however; additionally in line to buy something in Atlantic City likely to then get constantly in place to have a gaming that is interactive for AC’s imminent Internet launch are outfits like PokerStars, possibly Kentucky’s Churchill Downs horse racing operation, and even Philly’s SugarHouse casino owners are considered trying to expand to the Atlantic City market. Uk operators 2UP video Gaming is additionally reported become thinking about AC, backed evidently by an unnamed Asian mogul.
    On the list of properties letting it be known they could be readily available for the right price are the now-infamous Atlantic Club, the Plaza (which killed a potential deal with the western Coast’s Meruelo Group for $20 million when the casino’s main mortgage holder Carl Icahn said ‘I don’t think so’ to your low-ball offer), in addition to the Golden Nugget and poor ol’ Revel, which just can’t appear to stand up, it’s therefore debt-heavy during the top.
    Needless to say, you could wonder why a town whose casinos are doing this generally speaking awful in the web earnings department has been therefore eagerly courted by a lot of these days, and the answer that is obvious both the interactive gaming potential (you can’t obtain an online operator’s license without purchasing a land casino) also as the seemingly vague potential for the legalization of sports betting in Atlantic City’s land casinos, which includes been shot down more times than an Iranian war air plane over the White House.
    Regardless, Miller claims his investment group is doing its due diligence relating to this market. The past few years, he states he views ‘a lot of good on the horizon. despite Atlantic City’s crappy profit ledgers’

    Caesars Entertainment Rearranges Deck Furniture for Debt Restructuring

    Caesars Entertainment is doing lots of restructuring, but will it help their financially sinking ship?

    Can this quantity of Titanic debt be salvaged from dragging the ship towards the base associated with the ocean that is financial? This is the question being asked as Caesars Entertainment Corp. put Planet Hollywood one of their kingpin Las vegas, nevada Strip properties into a new holding company, along with the Interactive Division and the still-being-built Horseshoe Casino Baltimore. The organization has instructed its shareholders they have only until Oct. seventeenth getting in for a stock fire sale to make $1.18 billion in much-needed cash infusions as well. And you also thought your storage sales were busy.
    Shareholders Should Buy Stocks First
    The Securities and Exchange Commission (SEC) filing created by Caesars announces that shareholders can get first dibs on one share every one of the new Caesars Acquisition Co. (CAC) for each and every share for the existing parent company they own. This restructuring was in the works since this past Spring, and was officially approved by the Nevada Gaming Control Board in July.
    The newly formed CAC will be a partial owner of the also newly created Caesars Growth Partners, and along with Caesars Entertainment (are you dizzy yet?), the new entity will own Planet Hollywood, the Baltimore under-construction property, and Caesars Interactive Entertainment, which, of course, spearheads the World Series of Poker (WSOP) real money online poker brand that just recently launched for Nevada Internet players under the restructuring.
    Now you might think the idea of all this fundraising is to pay the company down’s massive current debt, but apparently, they’re studying the White House financials, because they state the raised funds will go towards new casino tasks in the U.S., in addition to more online development, together with 888 Holdings, to get a few online casino internet sites up and rolling in New Jersey when that state goes online on November 26. They must be in a pissing contest with Obama for the greatest achievable debt ceiling.
    Gambling’s Highest Debt Load
    Think we’re kidding? Caesars has the dubious honor of holding the casino industry’s highest-ever debt that is long-term at $23.5 billion. In early 2014, they shall perform a refi of about $5 billion of that, and got about $200 million towards that amount in a stock purchase already.
    This somewhat scary debtload doesn’t seem to be deterring anyone from teaming up with the gaming behemoth though; Detroit-based Rock Gaming is in on a joint venture with Caesars to own and operate the $400 million Horseshoe Baltimore once it’s completed and willing to open in 2015. And Suffolk Downs Racetrack in Boston went into partnership utilizing the ongoing business as well, as they try to manage to get thier $1 billion casino project accepted and built in Boston in Massachusetts’ Battle of the Casino Giants game.
    Looks even Caesars Deputy General Counsel Michael Cohen isn’t completely sure about this restructuring gameplan, nevertheless.
    ‘Compared to our money structure, that isn’t a big change,’ he told the Nevada Gaming Control Board about the organization’s spinoff concept if they signed off on the plan in July. ‘Caesars possesses lot of debt. We think it’s manageable, but others disagree. …