Caesar Entertainment is trying to go public (for the 3rd time, 2 previous times were unsuccessful this dog being saddled with so much debt), you can watch the presentation where they detail, among other aspects of the business, their strategy for online poker/online gaming and prospect for regulation, starting around minute 30, there : http://www.retailroadshow.com/roadshows.asp

If you want to watch, this will be available online only until Tuesday morning, it will be taken down once the deal happens (scheduled for Tuesday).

thanks op. I feel like they will go through with an ipo finally giving the laws in America are finally turning for their favor.

That and they are finally starting to see growth again and are able to show development in new areas in their B&M business.

why so much smaller though

Caesars, facebook, Zynga, I remember posting not to be surprised if they all IPO now that PS, AP, and FT are off the grid.

ETA: Found my post. I hate this ****ing country. Or at least until I have a better site than RPM to grind on.

ETA2X: Also note I mention waiting for the DOJ to tell NV intrastate gaming is legal, which is what I think the DOJ's anouncement of the Wire Act not applying to online poker might've been specifically for.

Facebook? Ha-ha. I believe there are some regulations that are forcing them to go public.

But seriously, they have a revenue stream that goes far behind what FTP could ever have dreamed of stealing, let alone earning. I don't think them going public has anything to do with the low life thieves going out of business.

How do I skip to the 30 minute mark??? You got like 25 minutes to answer...

From their prospectus:

The main problem with this company is that it was saddled with so much debt when the Harrah's LBO (leveraged buy-out) happened (one of the worts LBO of all time), it has been tip toeing on the verge of bankruptcy for years, there is still a high probability they will end up there unless there main markets recover very strongly and/or the online business explodes.
Casino operations are making money but interest expenses on that huge pile of debt are so high that it's eating all of the earnings and more.

Unlike Las Vegas Sands and Wynn they have minimal exposure to Macau where all the growth is.
That's why they are pumping the online business so hard even though at this stage it's a very very minimal part of their operation, it's their only chance at growth.

They are going for a very small IPO this time around because they had to withdraw much bigger deals the last two times for lack of demand.

Basically buying this stock is like buying an option (ie a worthless piece of paper) on a huge recovery in the traditional gaming markets and the legalization of online gaming, if both of those things happens you would be rewarded handsomely, if not this is worth 0 (zero!)