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State Approves Caesars Spin-off

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Caesars Palace (Photo by Robert Mora/Getty Images)

Caesars Palace (Photo by Robert Mora/Getty Images)

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(Las Vegas, NV)  –  State gaming regulators have given their blessing to Caesars Entertainment’s planned spin-off.  

The Nevada Gaming Commission approved the new Caesars Growth Partners, which will include Planet Hollywood Resort and the company’s interactive gaming business

Caesars Growth Partners is also a planning to build a casino in Baltimore.  

Caesars Entertainment will own a majority in the new firm.

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