{"id":1051,"date":"2009-10-27T10:20:10","date_gmt":"2009-10-27T18:20:10","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=1051"},"modified":"2009-10-27T10:20:10","modified_gmt":"2009-10-27T18:20:10","slug":"lovemans-folly","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/lovemans-folly\/","title":{"rendered":"Loveman&#8217;s Folly"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignleft size-thumbnail wp-image-1052\" title=\"Gary_loveman_Cropped_fmt\" src=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2009\/10\/Gary_loveman_Cropped_fmt-150x150.jpg\" alt=\"Gary_loveman_Cropped_fmt\" width=\"150\" height=\"150\" srcset=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2009\/10\/Gary_loveman_Cropped_fmt-150x150.jpg 150w, https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2009\/10\/Gary_loveman_Cropped_fmt.jpeg 204w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/> Back when <strong>Harrah&#8217;s Entertainment<\/strong> was surrendering to the cold, clammy embrace of <strong>Texas Pacific Group<\/strong> and <strong>Apollo Management<\/strong>, the bean counters assured CEO <strong>Gary Loveman<\/strong> that Harrah&#8217;s could carry almost $30 billion in debt and sustain a 20% revenue decrease. <a href=\"http:\/\/www.lvrj.com\/news\/breaking_news\/Harrahs-reports-1-billion-net-loss-in-third-quarter-66385122.html\" target=\"_blank\">They lied<\/a>, Gary.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Back when Harrah&#8217;s Entertainment was surrendering to the cold, clammy embrace of Texas Pacific Group and Apollo Management, the bean counters assured CEO Gary Loveman that Harrah&#8217;s could carry almost $30 billion in debt and sustain a 20% revenue decrease. &hellip; <a href=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/lovemans-folly\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[28,14,7,38],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/1051"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=1051"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/1051\/revisions"}],"predecessor-version":[{"id":1053,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/1051\/revisions\/1053"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=1051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=1051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=1051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}