Revel Casino Could Sell at 95% Discount in Auction

Revel Casino Could Sell at 95% Discount in Auction

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses a significant decline in sales in the world's largest gambling hub due to protests in Hong Kong, with September's revenue dropping by 12%. It then covers a bankruptcy auction where a Toronto asset management firm won the bid for the Rebel Casino Hotel in Atlantic City for $110 million, assuming debt. Finally, it highlights Bitcoin's price plunge by nearly 20%, causing concerns of a market crash, despite its popularity among speculators.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant event is affecting the world's biggest gambling hub?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the total revenue in September mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage decline in total revenue mentioned?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How much did the Toronto Asset Management firm bid for the former Rebel Casino Hotel?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What happened to Bitcoin's price over the weekend according to the text?

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OFF