Legal
July 11, 2020
Indiana Gaming Commission Approves Eldorado Caesars Merger
Eldorado Resorts announced at a meeting Friday, July 10, it has obtained the approval from the Indiana Gaming Commission regarding the ongoing merger with Caesars Entertainment, subject to applicable conditions. The approval of the Indiana Gaming Commission left Eldorado needing to get the go-ahead from only two other regulatory bodies, the Indiana Horse Racing Commission […]
Business
July 9, 2020
Nevada Gaming Control Board: Eldorado-Caesars Merger Approved
The Eldorado-Caesars merger is now one step closer following an approval by the Nevada Gaming Control Board. In the near future, once the merger is completed, the two companies will create one regional gaming giant under the name of Caesars. The $17.3 Billion Merger of Eldorado-Caesars Was Approved Yesterday The acquisition of Caesars Entertainment by […]
Business
July 7, 2020
Key Week for Eldorado Caesars Merger, Nevada, Indiana Hearings
The ongoing merger between Eldorado Resorts (ERI) and Caesars Entertainment (CZR) is facing a critical week ahead, as both the Nevada Gaming Control Board and the Nevada Gaming Commission will review its details on Wednesday, while on Friday, gaming authorities in Indiana are set to consider the $17.3 billion deal. Gaining the approvals of Nevada […]
Casino
July 4, 2020
Twin River Completes Isle of Capri & Lady Luck Acquisitions
Twin River Holdings, Inc reported Thursday it completed the deal to acquire the Isle of Capri in Kansas City, Missouri, and Lady Luck Casino in Vicksburg, Mississippi, for a combined price of $230 million, subject to customary adjustments. Twin River Expands into Missouri and Mississippi The deal to acquire Eldorado Resorts’ subsidiary companies which own […]
Casino
July 3, 2020
Caesars Southern Indiana Employees Petition for Enhanced Safety
A petition was signed by employees of Caesars in Southern Indiana. The petition urges for changes towards safer work environment and mandatory masks for visitors. Safe Post-COVID-19 Measures Demanded by Caesars Employees Indiana Caesars employees have requested stricter rules for post-COVID-19 operations. The workers signed a petition with more than 300 signatures and addressed it […]
Industry
June 26, 2020
FTC: Eldorado-Caesars Merger Approved Subject to Closing Conditions
Eldorado Resorts and Caesars Entertainment announced almost simultaneously today that their pending $17.3 billion mega-merger deal overcame the main obstacle on the road to completion, the approval from the Federal Trade Commission (FTC). FTC Signals Conditional Green Light The FTC accepted a proposed consent order to conclude the review of the merger regarding the Hart-Scott-Rodino […]
Casino
June 23, 2020
Caesars Members Get $20 No Deposit Free Spins Bonuses in Vegas
Las Vegas’ Caesars casino properties surprised slot players by extending $20 no deposit free spins bonuses to members of the Caesars Rewards program for wearing their face masks while playing online slots. Caesars Rewards Mask Wearing Customers with a $20 Free Spins Bonus There always is a middle ground. For Caesars Entertainment, the middle ground […]
Business
June 16, 2020
Eldorado Secures $400M Loan from VICI, Sells Land for $103M
Eldorado Resorts announced Monday after stock market close that it entered into deals with VICI Properties to generate $500 million ahead of the completion of its mega-merger deal with Caesars Entertainment. Eldorado Secures Loan from VICI The Reno-based casino operator signed a letter of intent to enter into a $400 million mortgage deal secured by […]
Business
June 14, 2020
No Stopping Eldorado-Caesars Deal of the Century Now
Eldorado and Caesars’ deal will complete “on time,” executives from both companies assure, and now pending regulatory approval. Eldorado Merger with Caesars Going as Planned Two years after Eldorado Resorts and Caesars Entertainment Corp. announced their plan to create a $17.3 billion gaming behemoth, the deal between the two companies seems to move along according […]
Legal
June 11, 2020
New Jersey Licensed Caesars’ Regional President, No News Regarding Eldorado Merger
New Jersey regulator is still to review the proposed merger between Caesars Entertainment and Eldorado Resorts. The Casino Control Commission in the Garden State issued an initial casino key employee license during its meeting Wednesday for Caesars’ Ronald Baumann, and deemed him qualified to serve as Regional President and CEO of Bally’s Atlantic City, Caesars […]