 Caesars Entertainment currently has 5.4 billion of unhedged variable interest rate debt, expected to increase to 6.6 billion in Jan. 2023 as swaps expire, such debt is priced with LIBORSOFR. They have leasing agreements for 26 casinos, which are responsible for 1.2 billion of rent expenses per year. One of their agreement is CPI-indexed, so expect big rent increases. 