Harrah’s buyout offer

[2Tone]

Most have probably seen this already, but it is interesting that Harrah’s received a juicy buy-out offer today. Their stock shot up as a result. ()

I have no idea how big a contributor the World Series is to Harrah’s bottom line. Even without overreacting, unless the new legislation is completely reversed, it will almost certainly reduce the number of entrants in the main event, and probably means at least some of the sites won’t be out in full force (expo booths, parties, etc.) the way they were the past few years. But Harrah’s is apparently worth $15b anyway!