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Caesars Bankruptcy Not Going Smoothly

Boilerman
Boilerman
Jan 20, 2015
11:55pm
Block User
I find it interesting, but not surprising, that Roulettte and Malibber believe that their desires should supersede those of who lent Caesars money.


Quote
Originally posted by: melonhead
Quote
Originally posted by: Roulette Man
Quote
Originally posted by: malibber2

So hypothetically here is how it could work: Several competing companies could come in and bid on the specific properties they want. If the collective value of those bids would yield a greater return to the creditors the empire would be broken up into bits and pieces.


Break them up. I would love to see good old fashioned competition come back, including 3 to 2 blackjack, better pay tables and better comps.






Roulette Man
Roulette Man
Jan 21, 2015
1:19am
Block User
Quote
Originally posted by: Boilerman
I find it interesting, but not surprising, that Roulettte and Malibber believe that their desires should supersede those of who lent Caesars money.


Quote
Originally posted by: melonhead
Quote
Originally posted by: Roulette Man
Quote
Originally posted by: malibber2

So hypothetically here is how it could work: Several competing companies could come in and bid on the specific properties they want. If the collective value of those bids would yield a greater return to the creditors the empire would be broken up into bits and pieces.


Break them up. I would love to see good old fashioned competition come back, including 3 to 2 blackjack, better pay tables and better comps.





Actually, the bond holders would probably do better if CET is broken up.
Boilerman
Boilerman
Jan 21, 2015
1:57am
Block User
I would also enjoy Vegas more if Caesars was broken into many pieces, yet this bankruptcy proceedings does not have a goal of satisfying the public, but instead a goal of best taking care of those who are owed a total of $18,000,000,000.


Quote
Originally posted by: Roulette Man
Quote
Originally posted by: Boilerman
I find it interesting, but not surprising, that Roulettte and Malibber believe that their desires should supersede those of who lent Caesars money.


Quote
Originally posted by: melonhead
Quote
Originally posted by: Roulette Man
Quote
Originally posted by: malibber2

So hypothetically here is how it could work: Several competing companies could come in and bid on the specific properties they want. If the collective value of those bids would yield a greater return to the creditors the empire would be broken up into bits and pieces.


Break them up. I would love to see good old fashioned competition come back, including 3 to 2 blackjack, better pay tables and better comps.





Actually, the bond holders would probably do better if CET is broken up.


pjstroh
pjstroh
Jan 21, 2015
8:53am
Block User
Quote
Originally posted by: Roulette Man
Quote
Originally posted by: malibber2

So hypothetically here is how it could work: Several competing companies could come in and bid on the specific properties they want. If the collective value of those bids would yield a greater return to the creditors the empire would be broken up into bits and pieces.


Break them up. I would love to see good old fashioned competition come back, including 3 to 2 blackjack, better pay tables and better comps.


I doubt more competition will cure the lousy gaming. The casino portion of strip based resorts is becoming increasingly less relevant to other revenues.

There is less competition on the North End of the strip than in the central part....and yet the gaming is better up that way. Circus Circus and Riviera need their casinos to attract customers much more so than the Paris and Cosmopolitan
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