By Ameana Jones Caesars and Eldorado Resorts Finally Close Their Long-Awaited MergerJuly 21, 2020 On Monday, July 20, Eldorado Resorts Inc. announced that it had finally completed the $17.3 billion buy out of Caesars Entertainment Corporation. The merger which consisted of $8.58 billion in cash and stock plus an additional $8.8 billion worth of Caesars Entertainment’s debt, has been generating a lot of buzz in the gambling industry. This […]
By Elaine West Indiana Approves Eldorado-Caesars MergerJuly 14, 2020 The mega-merger between Caesars Entertainment and Eldorado Resorts is drawing nearer to closing thanks to the approval from the states that are involved. Last week, the gaming regulators in Nevada gave the green light to the two gaming companies leaving only Indiana and New Jersey on the list of approvals needed for the merger to […]
By Elaine West Nevada Gambling Regulators to Review Caesars-Eldorado MergerJuly 7, 2020 Despite the slowdown that came forth due to the coronavirus pandemic, many developments are beginning to pick up the pace as efforts to bring the world back to normalcy. Many of the developments that were progressing in the United States before the pandemic hit are also getting back on track. One of these ongoing developments […]
By Tomas Medon Harrah’s Reno to Be Sold Ahead of Caesars-Eldorado MergerJanuary 17, 2020 On Wednesday, renowned gaming and hospitality operator Caesars Entertainment Corporation and VICI Properties, its real estate investment trust, announced that they will be selling Harrah’s Reno Hotel and Casino. The property which is based in downtown Reno will be sold to CAI Investments, a Las Vegas-based real estate group. Its sale will earn the sellers […]
By Alexander Palmer Caesars Announces Plans to Upgrade Its Indiana CasinosJune 28, 2019 Behemoth casino operator Caesars Entertainment Corporation has recently unveiled plans to upgrade its properties in the state of Indiana as part of its preparations to launch its long-awaiting sports betting offerings. Indiana just recently ed a law that legalized sports betting and Caesars intends to capitalize on the opportunity by being among the first and […]
By Ameana Jones Eldorado Resorts Acquires Caesars in $17B Casino MergerJune 25, 2019 Caesars Entertainment, one of the most popular names in the world of gambling, has recently agreed to be bought by Eldorado Resorts in a deal that is estimated to be worth a whopping $17.3 billion. This move will effectively create one of the biggest gambling firms in the United States while at the same time […]