"Caesars Entertainment" Tag Results

By Tomas Medon

Caesars Completes Sale of Southern Indiana Casino

September 10, 2021

Renowned gaming and entertainment operator Caesars Entertainment recently announced its plans to sell off some of its properties in the United States. Now, the Caesars Southern Indiana casino has finally come under new ownership. Thanks to approval from the Indiana Gaming Commission, EBCI Holdings was able to finalize its purchase of the property for a […]

By Tomas Medon

Caesars Entertainment in Advanced Acquisition Talks with William Hill

September 29, 2020

On Friday, September 21, renowned gaming and entertainment brand William announced that it had received two acquisition proposals. One of these was from Apollo Management, a private equity firm while the other was from Caesars Entertainment one of the world’s most prolific gaming and entertainment operators. Now, it seems like Caesars Entertainment has taken the […]

By Tomas Medon

DraftKings and Caesars Ink New Deals With ESPN

September 15, 2020

The world of sports betting is slowly beginning to get back on track after a long hiatus following the coronavirus pandemic. A number of developments including partnership deals are currently in the pipeline and one of the most notable ones so far is between ESPN and two of the biggest names in gambling. ESPN has […]

By Ameana Jones

Caesars and Eldorado Resorts Finally Close Their Long-Awaited Merger

July 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

Nevada Gambling Regulators to Review Caesars-Eldorado Merger

July 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 Merger

January 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 Unveils $90M Land-Based Casino in Southern Indiana

December 13, 2019

On Thursday, December 12, 2019, Caesars Entertainment unveiled its $90 million Caesars Southern Indiana in Elizabeth. The unveiling puts to end an intensive 18-month construction phase that was aimed at making the property the go-to gambling and hospitality venue in the region. This new casino and hospitality facility replaces the recently shut down 21-year-old riverboat […]

By Ameana Jones

Century Completes $107M Acquisition of Three Eldorado Casinos

December 10, 2019

Last Friday, Century Casinos announced that it has completed the acquisition three casinos from Eldorado Resorts in a deal that was worth about $107 million. The three casinos that Century acquired were the Isle Casino Cape Girardeau in Cape Girardeau, Missouri, Lady Luck Caruthersville in Caruthersville, Missouri, and Mountaineer Casino, Racetrack and Resort in New […]

By Tomas Medon

Caesars Gets Clearance to Sell Rio All-Suite Hotel & Casino

October 11, 2019

Recently, reports emerged that Caesars Entertainment plans to sell its Rio All-Suite Hotel & Casino may be finally taking shape. These plans were initially announced on September 23 and are expected to be finalized before the end of the year. The gaming and hospitality establishment which is located just off the Las Vegas Strip is […]

By Tomas Medon

Caesars Entertainment Sells the Rio All-Suite Hotel & Casino

September 24, 2019

On Tuesday, September 23, Caesars Entertainment officially announced that it had reached an agreement to sell the Rio All-Suite Hotel & Casino. The gaming operators which is considered to be one of the most diversified casino and entertainment providers received a whopping $516.3 million from a company controlled by a principal of Imperial Companies. This […]