We continue to learn more about Caesars Entertainment‘s capitulation to Carl Icahn. In addition to having the prerogative of naming his own CEO, if that fails, Icahn can add a fourth member to 
the Caesars board of directors. One of the nine remaining board members had better be prepared to fall on his sword if Anthony Rodio says yes to a job offer from his old boss. After all, Rodio’s got a pretty sweet sinecure at Affinity Gaming but could quickly become expendable at Caesars were it sold to, say, Eldorado Resorts. As for Icahn’s new phalanx on the board, it consists of Keith Cozza, CEO of Icahn Enterprises, Courtney Mather, portfolio manager of Icahn Capital, and James Nelson, a member of the Icahn Enterprises board (and whose REIT experience would come in handy). That’s still only one-quarter of the board but the latter is looking an awful lot like a subsidiary of Icahn Enterprises at the moment.
* Credit MGM Resorts International CEO Jim Murren with being ahead of the curve on the virtues of public art. Global Gaming Expo Asia will have a section of the show floor devoted to objets d’art available for purchase or lease. “We launched this because of the survey we have conducted with a number of [integrated resort] properties and presidents. There are a lot of new hotels with design elements in them, and they also want to give a very special experience to the audience,” said Reed Exhibitions COO Josephine Lee. She added, “It is not only the displaying of art, but art business: leasing; commissioning of art.” Whatever. It’s a cinch to be more interesting than the new blockchain booths. After all, you can’t use cryptocurrency in a Macao casino.
