CASINO GIANT, HARRAH’S, STILL DEVOURING WHILE PONDERING BIDS.
While still embroiled in an embittered brouhaha in Rhode Island over its plans to build and operate a casino with the Narragansett tribe (Raucous debate over casino), and still considering bids from Texas Pacific Group and Apollo Management, Harrah’s Entertainment (HET.N), the world’s biggest casino operator, extended the offer deadline for London Clubs International (LCI.L) a second time, as it seeks to purchase the company for $530 million.
Is there anyone left for Harrah’s to invite to dinner?