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jul
27

Eldorado and Caesars complete Merger Deal to become Largest Casino Owner in the World

Tags: Caesars Entertainment, Eldorado Resorts, Indiana, Las Vegas, mergers
Posted on 27 July 2020 by "T".

Eldorado Resorts Inc. completed its $17.3 billion acquisition of Caesars Entertainment Corp. after overcoming a series of hurdles, including the worldwide pandemic, to become as the largest casino owner in the world.

The New Jersey Casino Control Commission finally approved the merger after two days of hearings with Eldorado executives. An antitrust analyst assured the commission that the deal will not concentrate too much of the local casino market. The new company will still be called Caesars Entertainment, but some are already calling it "New Caesars".

Read more » Eldorado and Caesars complete Merger Deal to become Largest Casino Owner in the World


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