Shares of Caesars Entertainment Corp., the largest owner of U.S. casinos, rose the most in almost two months after saying it may raise money by selling a stake in its online operation and two other properties.
Caesars Growth Venture Partners will include Caesars Interactive Entertainment shares, the Planet Hollywood resort in Las Vegas and a project under way in Baltimore, the Las Vegas-based company said Monday in a filing. Quicken Loans Inc. Chairman Dan Gilbert's Rock Gaming LLC is a minority partner in the Baltimore casino.