Caesars’ CEO is bullish on Suffolk bid
Loveman not expecting strong rival for casino plan
Caesars Entertainment CEO Gary Loveman glibly defends his business as a service industry that allows people to place “a modest bit of consideration” on an uncertain outcome. That was what the gambling company did at Suffolk Downs in 2011, taking a tiny stake in a Depression-era racetrack that was well positioned to pursue casino development rights. Loveman likes his prospects: He boldly says he foresees no competitors for the Greater Boston casino license, like to be the most lucrative.