Description
Caesars Acquisition Company (CAC) was formed to make an equity investment in Caesars Growth Partners, LLC (Growth Partners), which is a joint venture between CAC and Caesars Entertainment Corporation (Caesars Entertainment), which is a diversified casino-entertainment provider. Growth Partners is a casino asset and entertainment company focused on acquiring and developing a portfolio of high-growth operating assets and equity and debt investments in the gaming and interactive entertainment industry. The Company operates through its two businesses: Interactive Entertainment and Casino Properties and Developments. Growth Partners’ portfolio of casino-related assets consists of Planet Hollywood and an investment in a casino project under development in Baltimore, Maryland, the Horseshoe Baltimore. Planet Hollywood is a casino resort located on the Las Vegas Strip in Las Vegas, Nevada.
Address
One Caesars Palace Drive
LAS VEGAS, NV 89109
United States
LAS VEGAS, NV 89109
United States
Website
http://www.caesars.comKey stats and ratios
| Q3 (Sep '13) | 2012 | |
| Net profit margin | 25.00% | 24.91% |
| Operating margin | 18.47% | 17.31% |
| EBITD margin | - | 23.60% |
| Return on average assets | 7.95% | 8.17% |
| Return on average equity | 18.24% | 16.63% |
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