Caesars Entertainment selling Macau property

(ap) - a Las Vegas casino giant caesars entertainment company inform regulators on Friday, it's $4.38 million sale of its Asian development property in macau. Las Vegas company reports, it has with the securities and exchange commission in the first quarter results showed on Tuesday agreed to sell golf course properties of pearl dynasty investment co., LTD Listed companies, said the sale is expected to close by the end of this year, and to raise funds to be used to repay the debt. Company's shares at $18.36 on Friday, a day is over, up 75 cents, or 4.26%. Caesar's entertainment, Gary says Thompson, a spokesman for the confidentiality clauses in the sales agreement, ruled out the company's comment beyond its 10 - Q report disclosure. , the report said the agreement calls for a week the initial deposit of $65700000, by the pearl river dynasty, plans to complete the transaction within 90 days. Caesar's entertainment company can keep $43800000, if the transaction failure. Caesar is in the United States, the biggest casino operator Las Vegas, the Atlantic ocean

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