To: jeevacationeNmaitcom[jeevacation@gmaitcom]; Jeffrey Epstein
CCfieevacationegmaitcom]
Fran:
Sent Tue 2/14/2012 5:06:45 PM
Subject• Speak to LEon about this!
Begin forwarded message:
From: jeffrey epstein <jeevacationnumail corn>
Date: February 13, 2012 7:31:55 PM EST
To:
Subjec : w•:
Remind me with Lcon
Sorry for all the typos .Sent from my iPhone
Begin forwarded message:
From: "Nicholas L.Ribis"
Date: February 13, 2012 2:26:23 PM E;11
To: "Jeffrey Epstein" <jeevacation®gmail.com>
Jeffrey — recent public reports indicated that Caesars intends to auction 10
or more of their smaller regional casinos to focus on larger jurisdiction
casinos, foreign properties and substantial debt reduction — my idea is to
have Caesars spin off the properties to a company controlled by me for a
higher purchase price by allocating a substantial amount of Caesar current
debt( thereby reducing Caesars overall debt load ) and having a higher
multiple on ebitda from those casinos than Caesars would achieve in an
auction process —this would allow Caesars to quickly announce a sale of
these properties at a very high price to a licensed entity without having
licensing or financial outs in contract to sell the properties—I thought this
was an interesting idea for Leon what do u think — call me -- Nick
EFTA_R1_00492041
EFTA01996978