Caesars Palace sold the land under Octavius Tower to VICI, the REIT that spun out of Caesars after the bankruptcy. I wonder if Caesars Entertainment Corp has immediate plans to use that $507million in cash? Lots of consolidation going on right now in the regional casino markets

https://www.marketwatch.com/press-release/wired-news---vici-properties-closes-acquisition-of-octavius-tower-at-caesars-palace-2018-07-16

It's fun to see how these casinos shuffle money around...