This sounds like a movie plot, but it’s for real.
The parent company and owner of the famed Caesar’s Palace casino in Las Vegas is under investigation for money laundering.
Caesars Entertainment (CZR) confirms the probe and says it intends to cooperate with federal investigators, but it didn’t have much else to say.
It’s not known if this had any impact on the company’s decision Monday to pull out of a $1 billion casino project at a horse-racing track in Boston.
Go figure…
😎 😎 😎
Replies:
Posted by: TommyC on October 23, 2013, 1:46 pm
Surely a corporation as big and respected as Ceasars would not do anything against the law ! 😆 😆 😆
Posted by: Finisher on October 24, 2013, 4:52 am
They have said that they now have to rename the old Bills casino .