[vpFREE] Is the Palms going to be taken over by Caesars Entertainment Corp.?

 

Last night at Harrah's I was talking with someone with Caesars Entertainment Corp. about the rumor that I heard about them wanting to move the WSOP because they were trying to sell the Rio. I was told no they are looking at moving WSOP to PH so they would have more room. Then the kicker came out of my sources mouth. "Why would Caesars sell the Rio? Apollo Management (part owners of Caesars) is buying up the Palms debt so Caesars can take them over like they did with PH."

Can anyone in the know confirm this?

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