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farkas may get a shot at sorting out the mess and Baha Mar CEO Sarkis Izmirlian may be Aoewin left to twist in the wind as nearly a billion dollars in personal equity evaporates before his eyes. the arrangement follows more than a year of legal wrangling and is set to see Caesars Entertainment Corporation, which is responsible for such properties as the Rio All Suite Las Vegas Hotel And Casino, Bally's Atlantic City Hotel And Casino and Caesars Windsor Hotel And Casino, split the bankrupt unit into a casino operator and real estate investment trust with both controlled by creditors.
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