HomeNewsSouth KoreaCaesars Korea project sold for "barbecue pork," CEO says

Caesars Korea project sold for “barbecue pork,” CEO says

February 26, 2021

Caesars Entertainment CEO Tom Reeg responded to an analysts’ question on the sale of its Korea venture by saying: “Korea has gone, we sold it for some barbecue pork. We sold it back to our partners and have no more commitment. We’re out.”

Reeg he believed the sale was in May. Incheon authorities have previously confirmed the sale was in January this year.

Caesars’ Entertainment Q4, 2020 call transcript (Seeking Alpha)

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Sharon Singleton is a multi-media reporter with experience ranging from website management to reporting and editing for newspapers, news agencies and television. As Managing Editor she's been working with Asia Gaming Brief since 2013 and her specialties are: Business, current affairs, fluent in Italian, French, with working knowledge of Spanish.