2013-10-06
All I keep hearing is how Caesars Entertainment is deep in debt to the tune of $23 billion, and possibly going to file bankruptcy, yet they get money to fund the Linq, the Quad, Gansevoort, the room upgrades in the Jubilee Tower rooms at Bally’s, and now talk of doing the same for the Jubilee Tower suites and the Octavius Tower at Caesars. How’s that possible? Who’s lending them the money, when the company’s finances are in such dire straits?