23 July, 2013 |
Casino operators Caesars are to offer $1.2bn in stock in a new company that will pursue online gaming opportunities in the United States.
The new venture will look to build on or buy assets which leverage "interactive technology with well-known online brands”.
Caesars Entertainment Group are offering approximately 125 million shares, with current shareholders set to be given the opportunity to buy into the new firm for $9.43 a share.
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