Capital is efficient enough to \'reverse\" the UIGEA effect on poker
Bluff,
You are generally correct on Party trying to undercut Stars. However, I think the reported settlement talks by Party with DOJ may bear better fruit, including re-entry to the US .... with a large enough pricetag to cost PStars dearly.
There is no need to risk an LBO.
Re-entry, coupled with a nice alliance/JV with Harrahs would boost shareholder values at both Party and Harrahs.
Just speculation of course.
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