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News Breaks
March 18, 2014
06:19 EDTCZRCaesars consortium receives preliminary approval for resort in South Korea
Caesars Entertainment announced that LOCZ Korea Corporation, a joint venture between Caesars, Lippo Group and OUE Limited, has received preliminary approval from the South Korean Ministry of Culture, Sport and Tourism to include foreigner-only casino gaming in its planned integrated resort in Incheon, South Korea. The consortium hopes to open the Incheon integrated resort in time to welcome visitors arriving in Korea for the 2018 Olympics in Pyeongchang. Caesars may elect to include Caesars Growth Partners, LLC in the development of the project. Caesars Growth Partners is a joint venture between Caesars Entertainment and Caesars Acquisition Company. In such an event, Caesars anticipates that Caesars Growth Partners would make the capital investment associated with the project, with Caesars Entertainment acting as the operator and sharing in the management fee associated with the project.
News For CZR From The Last 14 Days
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November 30, 2015
09:40 EDTCZRNevada reports October statewide gaming win down 2.85% to $887.58M
Reports October Las Vegas Strip gaming win down 5.12% to $493.63M. Publicly traded companies in the space include Boyd Gaming (BYD), Caesars (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).

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