Some of that will be spent in digital, and some in capital projects that drive ROI, but the vast majority will be used to pay down debt."Ĭaesars also expects to net $1.2 billion when it closes on the sale of non-U.S. "We expect to be aggressive on the refinancing front in 2022 to lower the cost of debt, and it should add up to well in excess of $5 billion in cash to deploy in 2022. "We are looking at selling a Strip asset, expect us to put that in motion in the early part of 2022," Caesars Entertainment CEO Tom Reeg said.
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