Home Industries Real Estate CEO of Caesars Entertainment sells Lake Geneva home for $9.2 million

CEO of Caesars Entertainment sells Lake Geneva home for $9.2 million

Image from Redfin
Image from Redfin

Thomas R. Reeg, the chief executive officer of Reno, Nevada-based hotel and casino entertainment company Caesars Entertainment, and his wife, Suzanne Reeg, have sold a home on the southeastern shore of Geneva Lake in the Town of Linn, near the city of Lake Geneva, for $9.15 million, according to state records.

The 8,028-square-foot log home has 5 bedrooms, 5.5 bathrooms and was built in 1999, according to Redfin. It sits on a 1.1-acre site with 126 feet of lake frontage.

Thomas and Suzanne Reeg bought the property in 2018 for $3.7 million, according to state records.

They have now sold it to Schaumburg, Illinois-based Stambolic Holdings LLC, an affiliate of business accounting, strategy and consulting company GLM Inc., according to state records.

Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.
Thomas R. Reeg, the chief executive officer of Reno, Nevada-based hotel and casino entertainment company Caesars Entertainment, and his wife, Suzanne Reeg, have sold a home on the southeastern shore of Geneva Lake in the Town of Linn, near the city of Lake Geneva, for $9.15 million, according to state records. The 8,028-square-foot log home has 5 bedrooms, 5.5 bathrooms and was built in 1999, according to Redfin. It sits on a 1.1-acre site with 126 feet of lake frontage. Thomas and Suzanne Reeg bought the property in 2018 for $3.7 million, according to state records. They have now sold it to Schaumburg, Illinois-based Stambolic Holdings LLC, an affiliate of business accounting, strategy and consulting company GLM Inc., according to state records.

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