Caesars Leisure Company’s board of administrators appointed Tony Rodio CEO Tuesday. Rodio, having labored as CEO at Affinity Gaming since October 2018, will transition to Caesars over the subsequent 30 days. Rodio will probably be based mostly in Las Vegas and be part of the corporate’s board of administrators.
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Rodio has greater than 37 years of expertise inside the gaming trade, together with seven years as president, CEO and member of the board of administrators at Tropicana Leisure. Whereas there, Rodio led main capital tasks, together with the entire renovation of Tropicana Atlantic Metropolis in New Jersey and the corporate’s transfer to land-based operations in Evansville, Ind. Earlier than that, he held a sequence of government positions at on line casino manufacturers, together with Harrah’s Leisure, Trump Marina Lodge On line casino, the Atlantic Metropolis Hilton On line casino Resort and Penn Gaming.
“I’ve lengthy admired Caesars and am optimistic in regards to the firm’s future prospects,” stated Rodio. “Our trade goes by a time of transition and alternative and I sit up for main Caesars’ distinctive workforce by the corporate’s subsequent section of development, innovation and worth creation.”
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The corporate’s board additionally has created a transaction committee “to think about and consider numerous paths for enhancing shareholder worth, together with persevering with to function as an impartial public firm.” The choice follows curiosity from trade insiders into potential transactions with Caesars. The corporate’s assertion stated there isn’t a assure it would pursue any transaction. The corporate won’t remark additional till the board has permitted a particular transition or various.