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BIG BETS ON CAESARS DEBUT BUT LUCK MAY RUN OUT SOON



Wednesday, February 08, 2012 13:08 pm CT

(Reuters) - Caesars Entertainment Corp's shares almost doubled in value on their market debut after an unusually small initial public offering, viewed by many as an exit strategy for its private-equity backers to make up some of their losses. Debt-laden Caesars, one of the largest casino operators in the United States and owner of the famed Caesars Palace, sold 1.81 million shares at $9 per ......

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