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online casino xb777(Image: Wall Street Journal)Caesars Entertainment (NASDAQ:CZR) reportedly sold its stake in an integrated resort project in Incheon, South Korea to its now-former partner, Guangzhou R&F Properties Co. Following the .3 billion merger with Eldorado Resorts last year, “new Caesars” is in a quest to conserve capital in an effort to reduce debt and meet or beat or analyst targets for generating free cash flow.Last month, it became clear the writing was on the wall for the operator in South Korea as officials there voiced concern regarding lack of progress on the project. ugsy” Siegel. hard rock casino 2020ugsy” Siegel. The original date was slated to be March 2021.Caesars Decision not SurprisingCaesars’ call to depart South Korea isn’t stunning. The operator is abandoning plans to develop an integrated resort in South Korea. foxwoods resort casino addreb

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