Culinary Union to host online panel on Apollo and TPG’s history in Las Vegas with authors of “Caesars Palace Coup”



Friday, June 18th, 2021 at 11am Pacific / 2pm Eastern


Bethany Khan: ▪ (702) 387-7088

Culinary Union to host online panel on Apollo and TPG’s history in Las Vegas with authors of “Caesars Palace Coup” 

Las Vegas, NV – The Culinary Union will host an online panel to explore the lessons of private equity ownership and control of Nevada casino resorts on June 18, 2021. The new book Caesars Palace Coup tells in captivating detail the financial and legal drama of Apollo and TPG’s leveraged buyout of Caesars Entertainment, which ended to a major bankruptcy reorganization. The book’s authors, veteran financial journalists Max Frumes and Sujeet Indap, will moderate an in-depth discussion on June 18 to add important local perspectives to the story told in their book.   

While the best-selling Caesars Palace Coup focuses on the twists and turns in the battle between billionaires inside and outside of the bankruptcy courtroom, our panelists will shed light on the leveraged buyout and bankruptcy’s impact on the Las Vegas community and the Nevada gaming industry. As private equity firms such as Apollo continue to show interest in Las Vegas casinos, this timely event will be of interest to stakeholders (including workers), investors, regulators, elected leaders, and gaming industry observers and analysts.


*Sujeet Indap is the U.S. editor of the Lex Column at the Financial Times and has written extensively on the intersection of corporate finance and corporate law.

*Max Frumes leads coverage of corporate debt and restructuring at Fitch Solutions, after having founded a leading publication on corporate bankruptcy. 

*Nancy B. Rapoport is the Garman Turner Gordon Professor of Law at the William S. Boyd School of Law at UNLV and an Affiliate Professor of Business Law and Ethics in the Lee Business School at UNLV. 

*David G. Schwartz serves as ombuds at UNLV and was director of the university’s Center for Gaming Research from 2001 to 2018.

*Richard Schuetz is a gaming industry veteran and has worked as a blackjack dealer, casino executive, educator, and regulator.

*Leain Vashon is Vice President of the Culinary Workers Union Local 226 and a shop steward at Paris Las Vegas, a Caesars Entertainment property.

*Ted Pappageorge is President of the Culinary Workers Union Local 226. 

WHEN: Friday, June 18th, 2021 at 11am Pacific / 2pm Eastern 

WHERE: Zoom; Register in advance: 

After registering, you will receive a confirmation email containing information about joining the virtual panel. 

The livestream for public viewing will be available at: 


Culinary Workers Union Local 226 and Bartenders Union Local 165, Nevada affiliates of UNITE HERE, represent 60,000 workers in Las Vegas and Reno, including at most of the casino resorts on the Las Vegas Strip and in Downtown Las Vegas. UNITE HERE represents 300,000 workers in gaming, hotel, and food service industries in North America. 

The Culinary Union, through the Culinary Health Fund, is one of the largest healthcare consumers in the state. The Culinary Health Fund is sponsored by the Culinary Union and Las Vegas-area employers. It provides health insurance coverage for over 145,000 Nevadans, the Culinary Union’s members and their dependents.  

The Culinary Union is Nevada’s largest Latinx/Black/AAPI/immigrant organization with members who come from 178 countries and speak over 40 different languages. We are proud to have helped over 18,000 immigrants become American citizens and new voters since 2001 through our affiliate, The Citizenship Project.  

The Culinary Union has a diverse membership which is 55% women and 45% immigrants. The demographics of Culinary Union members are approximately: 54% Latinx, 18% white, 15% Asian, 12% Black, and less than 1% Indigenous Peoples. 

Culinary Union members work as: Guest room attendants, cocktail and food servers, porters, bellmen, cooks, bartenders, laundry and kitchen workers. The Culinary Union has been fighting for working families in Nevada for 86 years. / @Culinary226 


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