Big Debt at CET:

According to a report from Moody’s Investors Service, Caesars Entertainment’s debt now stands at $26.3 billion. The combination of high interest payments, large capital expenditures for projects like Linq, and reduced casino-spending by middle-class customers has prompted some credit-assessment agencies to cut CET’s rating to levels that approach default.

from www.lasvegasadvisor.com

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