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The shape of things to come for Caesars

It’s abundantly clear Caesars Growth Partners is key to the planned bankruptcy restructuring of overly-leveraged affiliate Caesars Entertainment Operating Co., which intends to shed almost $10 billion of the parent company’s industry-leading $22.8 billion debt through reorganization.

Deconstructing the Harmon Hotel mess

On paper, it appeared MGM Resorts International lost the construction defect lawsuit over CityCenter’s mistake-riddled Harmon Hotel.

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