Caesars’ Expenses Could Prove Too Much for Eldorado

Caesars reportedly has given Eldorado Resorts until the end of the month to make an offer to acquire the gaming giant. The hitch for Eldorado is finding $500 million in cost cuts, according to one report. And if it doesn’t find them there won’t be an offer. Treasure Island owner Phil Ruffin (l.) is interested in some of the Las Vegas Strip properties.