eldorado resorts
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. ...
Eldorado Resorts Announces FTC Clearance for Pending Merger With Caesars
Eldorado Resorts | June 29, 2020
RENO, Nev. - Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado,” “Eldorado Resorts” or the “Company”) announced today that the Federal Trade Commission (the “FTC”) has accepted a proposed consent order, which concludes the FTC’s Hart-Scott-Rodino review of Eldorado’s pending merger (the “Merger”) with Caesars Entertainment Corporation (NASDAQ: CZR) (“Caesars”). The FTC’s acceptance of the consent order satisfies all required antitrust clearances for the Merger. The consummation of the Merger remains subject to the satisfaction of other closing conditions, including receipt of all consents and approvals from the...
Eldorado Resorts to Reopen Five Nevada Casinos Today
Eldorado Resorts | June 4, 2020
RENO, Nev.--Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado,” “ERI,” or “the Company”) announced that it will resume operations at Eldorado Resort Casino, Silver Legacy Resort Casino and Circus Circus Hotel Casino in Reno, MontBleu Resort Casino Spa in Lake Tahoe and Tropicana Laughlin today, Thursday, June 4, 2020. With today’s reopenings in Nevada, 16 of Eldorado’s 23 casino entertainment facilities have resumed operations following the suspension of operations in March. “We are excited and grateful to be able to reopen our casinos in Nevada. As we resume operations at our facilities across the country, the health and s...
Twin River Worldwide Holdings to Acquire Three Casinos From Eldorado and Caesars
Twin River | April 27, 2020
Adds Eldorado Shreveport Resort and Casino, Mont Bleu Resort Casino & Spa and Bally's Atlantic City Hotel & Casino to Twin River's Portfolio Transactions Expected to be Immediately Accretive to Earnings Significantly Advances Ongoing Portfolio Diversification Strategy PROVIDENCE, R.I., April 27, 2020 -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) ("Twin River" or the "Company") today announced that it has entered into an agreement with Eldorado Resorts, Inc. ("Eldorado") to acquire Eldorado Shreveport Resort and Casino ("Shreveport") in Shreveport, Louisiana and the Mont Bleu Resort Casino & Spa ("Mont Bleu") in Lake Taho...
Stockholders of Eldorado Resorts and Caesars Entertainment Vote to Approve Eldorado’s Acquisition of Caesars
Eldorado Resorts, Inc. | November 18, 2019
RENO, Nev. & LAS VEGAS--November 18, 2019 -- Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado”) and Caesars Entertainment Corporation (NASDAQ: CZR) (“Caesars”) announced that, at separate Special Meetings of Stockholders today, their respective stockholders approved certain actions in connection with Eldorado’s acquisition of Caesars. The transaction is expected to be consummated in the first half of 2020 and remains subject to the receipt of all required regulatory approvals, and other closing conditions. Holders of over 99% of the Eldorado shares that voted on the issuance of shares of Eldorado common stock in connection wit...
Eldorado Resorts Names Steve Callender Senior Vice President of Eastern Regional Operations
Eldorado Resorts, Inc. | January 18, 2019
Jason L. Gregorec to Succeed Steve Callender as Vice President and General Manager of Tropicana Casino and Resort, Atlantic City RENO, Nev.--January 18, 2019--Eldorado Resorts, Inc. (NASDAQ: ERI) ("Eldorado" or the "Company") announced today that Steve Callender has been named Senior Vice President of Operations for the East Region. Mr. Callender most recently served as General Manager of Eldorado's Tropicana Casino and Resort, Atlantic City, where he has held executive positions since 2010. Jason L. Gregorec, who most recently served as the Chief Executive Officer/General Manager of Greektown Casino-Hotel in Detroit, Michigan, will suc...
Eldorado Resorts Announces Senior Management Transition Effective January 1, 2019
Eldorado Resorts, Inc. | September 26, 2018
RENO, Nev.--Eldorado Resorts, Inc. (NASDAQ: ERI) ("Eldorado" or the "Company") announced today that its Board of Directors approved an executive management transition to position the Company for its next phase of growth and the continued creation of shareholder value. Effective January 1, 2019, Thomas (Tom) R. Reeg, who currently serves as the Company's President and Chief Financial Officer, will assume the role of Chief Executive Officer for Eldorado Resorts. Mr. Reeg will assume his new role as Gary L. Carano, the Company's current Chairman of the Board of Directors and CEO, has been appointed to the new role of Executive Chairman of ...
Eldorado Resorts to Acquire Tropicana Entertainment in Accretive Transaction Valued at $1.85 Billion
Eldorado Resorts, Inc. | April 16, 2018
RENO, Nev. - April 16, 2018 - Eldorado Resorts, Inc. (NASDAQ: ERI) ("Eldorado" or the "Company") announced today that it entered into a definitive agreement to acquire Tropicana Entertainment Inc. (OTCQB: TPCA) ("Tropicana") in a cash transaction that is valued at $1.85 billion. The definitive agreement provides that Gaming and Leisure Properties (NASDAQ: GLPI) ("GLPI") will pay $1.21 billion, excluding taxes and expenses, for substantially all of Tropicana's real estate and enter into a master lease with Eldorado for the acquired real estate and that Eldorado will fund the remaining $640 million of cash consideration payable in the acq...
