Caesars Entertainment Inc
Bally’s Corporation Completes Acquisition Of Eldorado Resort Casino Shreveport From Caesars
Bally's Corporation | December 23, 2020
PROVIDENCE, R.I., Dec. 23, 2020 -- Bally's Corporation (the "Company") today announced that it has completed the previously announced acquisition of Eldorado Resort Casino Shreveport from Caesars Entertainment, Inc. (NASDAQ: CZR). The total purchase price of the acquisition was $140 million, subject to customary adjustments, and was funded with cash on hand and available borrowings under the Company's revolving credit facility. "Eldorado Shreveport represents the latest step in our ongoing portfolio diversification strategy, expanding our rapidly growing geographic footprint into the attractive Shreveport/Bossier City market," said G...
Eldorado Resorts and Caesars Entertainment Complete Merger
Caesars Entertainment Inc | July 20, 2020
RENO, Nev. and LAS VEGAS, July 20, 2020 - Caesars Entertainment, Inc. ("Caesars," "Caesars Entertainment", or the "Company", formerly known as Eldorado Resorts, Inc. or "Eldorado") announced today that it completed its acquisition of Caesars Entertainment Corporation ("CEC"). The transaction creates the largest casino and entertainment company in the U.S. The transaction further enhances Caesars' position as the leading regional and destination gaming operator in the U.S. The combined company owns and operates more than 55 casino properties worldwide, including an iconic portfolio of eight casino hotel properties on the Las Vegas Strip. ...
