{"id":8546,"date":"2012-02-20T11:21:57","date_gmt":"2012-02-20T19:21:57","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=8546"},"modified":"2012-02-20T11:21:57","modified_gmt":"2012-02-20T19:21:57","slug":"quote-of-the-day-402","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/quote-of-the-day-402\/","title":{"rendered":"Quote of the Day"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignleft size-full wp-image-7750\" title=\"loveman\" src=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2011\/10\/loveman.jpg\" alt=\"\" width=\"100\" height=\"100\" \/>&#8220;It is hard to value <strong>Caesars<\/strong> [<strong>Entertainment<\/strong>] based on traditional financial measures  because it has consistently lost money since its 2008 leveraged buyout  by a group led by <strong>Apollo Global Management<\/strong> and <strong>TPG Capital<\/strong>. It carries  $22.5 billion of debt and burns cash.&#8221; &#8212; Barron&#8217;s <em>Associate Editor <strong>Andrew Baryis<\/strong> <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052970204880404577227474080484722.html?ru=yahoo&amp;mod=yahoo_hs\" target=\"_blank\">pans the recent IPO<\/a>. As though to rub salt in the wounds, he recommends <strong>Ameristar Casinos<\/strong> and <strong>Pinnacle Entertainment<\/strong> as superior investment plays. Even should <strong>Internet<\/strong> poker be legalized in the U.S., &#8220;Caesars needs a lot to break right for its stock to score,&#8221; Baryis concludes<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;It is hard to value Caesars [Entertainment] based on traditional financial measures because it has consistently lost money since its 2008 leveraged buyout by a group led by Apollo Global Management and TPG Capital. It carries $22.5 billion of debt &hellip; <a href=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/quote-of-the-day-402\/\">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":[40,7,37,30,38],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/8546"}],"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=8546"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/8546\/revisions"}],"predecessor-version":[{"id":8547,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/8546\/revisions\/8547"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=8546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=8546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=8546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}