Is Caesars About to Become One of the Walking Dead?

Caesars Entertainment is facing potential bankruptcy due to its significant debt issues, which began after being acquired by TPG and Apollo in the late 2000s. The company has consistently lost money since 2009, with negative cash flow and rising interest expenses. Investors' concerns are reflected in the increasing credit default swaps. Caesars has divided itself into three parts, with only the operating company likely to file for bankruptcy. The outcome depends on ongoing negotiations with creditors.

What was a major financial issue for Caesars Entertainment after being acquired by TPG and Apollo?

• High operational costs

• Increased marketing expenses

• Significant debt load

• Decline in customer base

Since when has Caesars Entertainment experienced negative free cash flow every quarter?

• Since 2012

• Since 2010

• Since 2009

• Since 2011

What do rising credit default swaps (CDS) on Caesars Entertainment indicate?

• Higher risk of default

• Stable market conditions

• Increased investor confidence

• Improved financial health

How has Caesars Entertainment structured itself to manage financial challenges?

• By dividing into three parts

• By reducing workforce

• By selling off assets

• By merging with another company

Which part of Caesars Entertainment is likely to file for bankruptcy?

• The growth unit

• The real estate unit

• The entire company

• The operating company (OPKO)