Nevada Newsmakers

Host: Sam Shad

Guests:
Phil Satre, Chairman of IGT


"Until there’s a robust recovery in gaming gross revenue in the United States, which is where most of their assets are, they’re going to have to continue to pay down as much debt as they can annually and refinance that debt when it matures. "

- Phil Satre, Chairman of the Board IGT, looking at the debt of Caesars Entertainment, which is higher than that of the City of Detroit which has declared bankruptcy (according to Howard Stutz of the LVRJ). Mr. Satre points out that Caesars continues to expand in the United States.