casino

An Obvious Question with an Obvious Answer

To: Facebook casual gaming advertisers

re: Why would I want to?

There are, certainly, a few things I might say about this or that. “Won a big win”? This must be what we call the dynamic evolution of language. I’ve been learning a lot about this aspect of human communication over the last few years, from friends on the internet. And it turns out I’m some sort of old, pedantic fuddy-duddy, beacuse I have yet to understand that the language must evolve, and that means it must diminish its communicative utility. Sentence structure, proper spelling, and even basic literacy are just too oppressive for free, intelligent humanity.A Facebook advertisement cajoling users to play casual video games because their friends are.

Never mind. Inside joke. Filler material.

Look, the bottom line is that these constant adverts telling me that my friends are playing and winning your games actually discourage my participation.

And, seriously, if I want to gamble, I’ll go to a casino. If I want to play slots, I’ll consider assisted suicide instead.

But no, you’re not actually contributing to the species. Indeed, your endeavors are to its detriment.

What Is Caesar’s

12-month graph showing stock prices for Caesar's Entertainment Corp. (CZR), as of 25 November 2014. (via Yahoo! Finance)

Try to follow the latest twists and turns in the CZR debacle—

A Caesars Entertainment Corp. (CZR) creditor group said managers should be stripped of control of the casino company’s operating unit because they looted the subsidiary of billions of dollars in assets.

UMB Bank, trustee for first-lien noteholders owed about $1.25 billion, sued Caesars today in Delaware Chancery Court, repeating allegations made by junior creditors in August.

Today’s suit, the first by senior creditors, came after some of them had agreed on the outline of a debt restructuring plan for the operating unit. The first-lien creditors today asked the court to appoint a receiver for the unit ....

.... Bonderman and the other directors “have thoroughly ransacked CEOC in a sweeping and now transparent plan to take CEOC’s prime assets for themselves and leave its liabilities and creditors behind,” according to today’s filing.

Caesars has said its largest division won’t have enough cash to repay debts by the fourth quarter of 2015 if it can’t restructure its obligations through refinancing, creditor negotiations or bankruptcy.

(Church and Keller)

—and then shrug and tell yourself, “It’s business. Nothing unusual here.”

Now, then, how does that feel?

____________________

Church, Steven and Laura J. Keller. “Caesars Lenders Seek Receiver, Claiming Unit Was Looted “. Bloomberg. 25 November 2014.