Losing Las Vegas.

The article discusses what went wrong with Caesars Entertainment in Las Vegas, Nevada, and describes the legal showdown private equity firms Apollo and TPG are facing with their hedge fund creditors after their buyout of the casino company. Topics mentioned include a brief overview of the saga of Caesars Entertainment which started in 2007, the move of Caesars chief executive officer (CEO) Gary Loveman to use a customer-loyalty plan before the buyout, and the company's corporate structure.