European Poker Tour to kick off at Casino Barcelona
As reported by The Independent

BARCELONA, Spain -- After months of exhaustive negotiations the European Poker Tour gets under way next month. The first event will be the EUR1,000 no limit hold'em at Casino Barcelona, Spain, which runs from 14 to 20 September.

The final table players will be filmed in action on a spectacular pounds 70,000 set built for the series. Next up is the pounds 3,000 buy-in no limit hold'em at the Victoria Casino, London's European Poker Championships in October. A total of six European venues have committed to taking part in the first series of competitions. The list may be expanded as several poker operators in other countries are interested in being part of Europe's version of the American World Poker Tour.

The EPT will be filmed for television and shown as a series starting in April of next year.

All the winners will earn a seat at the finals in Monte Carlo next March as well as their prize money. In some events both winner and runner-up will win final seats.

Smooth Sale for Harrah's?
As reported by The Motley Fool

Back in July, when Harrah's Entertainment and Caesars Entertainment announced their intent to merge and create the world's largest casino operator, it was apparent that the companies would have to sell off several properties in various markets to ease trade concerns. On August 31, the two companies confirmed that they are in discussions with an affiliate of Los Angeles-based investment firm Colony Capital to sell four properties for an estimated $1.3 billion.

The potential deal involves Harrah's Tunica and Caesars' Bally's Tunica in the Tunica, Miss., market, Harrah's East Chicago, and Caesars' Atlantic City Hilton. At first glance, Harrah's and Caesars look to be getting premium value for subpremium assets at a hefty 8.5 times EBITDA -- and all in one shot.