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SOTSOG: Just Enough To Ruin My Day.
Harrah's President Gary Loveman discussed his company's merger plans in a conference call with Wall Street analysts and announced his company already is considering closing the high-roller areas in Caesars Palace because it would duplicate those at the off-Strip Rio hotel-casino.
He expanded on the preliminary plans in a conference call announcing Harrah's second-quarter earnings, and said his company can boost operating margins at Caesars Palace and other Caesars Entertainment properties by cutting back on high-roller operations and adding more slot machines throughout the casinos.
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I would comment, but I really don't know what to say.
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