Business
September 2, 2020
William Hill Acquires CG, Eyes Online Businesses Merge with Caesars
William Hill announced Tuesday it completed the acquisition of CG Technology after the approval granted by Nevada regulators last week. As per the deal, the sports betting giant started operating 4 additional sports books and expended its presence on the Las Vegas Strip. Expanding Its Footprint on the Strip The new properties added to the […]
Business
July 21, 2020
Eldorado-Caesars Merger Completed on July 20
The megadeal merger between Eldorado Resorts and Caesars Entertainment was completed on Monday, July 20. The merger marks the creation of a new regional gaming giant in the US. The $17.3 Billion Merger Is Now Completed The megadeal merger between Eldorado Resorts and Caesars Entertainment was completed on Monday morning. As per the $17.3 billion […]
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 […]
Casino
June 30, 2020
Wynn Resorts’ Encore Boston to Furlough 3,000 Employees Prior to Reopening
Massachusetts-based Wynn Resorts’ Encore Boston Harbor is readying to restart operation 3,300 staffers shorter. The employees will be furloughed and reinstated on the job once demand picks up. Furloughed staffers are still considered employees of the company. Encore Boston Readies for Restart 3,000 Staffers Shorter Wynn Resorts’ Encore Boston Harbor has been one of the […]
Casino
April 25, 2020
Twin River Acquires New Properties, Pending On Eldorado Caesars Merger Completion
Property divesting related to the ongoing merger between Eldorado Resorts and Caesars Entertainment continues, as the Reno-based operator announced Friday it entered into a definitive agreement with Twin River Holdings. New Acquisition in Nevada and Louisiana Eldorado agreed to sell the Eldorado Shreveport Resort and Casino in Shreveport, Louisiana, and the MontBleu Resort Casino & […]
Casino
April 9, 2020
Eldorado Resorts Paid For a Month, Now Furloughs Employees
Eldorado Resorts was among the few that committed to continue to pay to its workers for a full month during the casinos closure. That month is about to expire Friday and the Reno-based casino operator is expected to follow the example of most of its industry competitors, Boyd Gaming being the latest, and place most […]
Business
February 26, 2020
Caesars Entertainment Posted $1.2B Net Loss In Fiscal 2019 Year
Caesars Entertainment Corporation reported today results from the fourth quarter of 2019, as well as results for the full fiscal 2019 year ending June 30, and despite an increase in net revenues, the net result of $1.2 billion loss marks a significant drop in profitability for the largest casino operator in Nevada. Q4 Up But […]