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Caesars may consider Atlantic City closures

9 May 2014

ATLANTIC CITY, New Jersey -- Caesars may contemplate closing some Atlantic City casinos as an option to deal with market challenges, according to a Bloomberg report.

Bloomberg reported that CEO Gary Loveman commented on the pressure on their Atlantic City properties during a conference call.

Loveman also remarked that reducing the supply of casinos is sometimes necessary, according to the Bloomberg report.

The company owns four casinos in Atlantic City currently.

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Caesars may consider Atlantic City closures is republished from Online.CasinoCity.com.