Business
March 28, 2020
Eldorado, Caesars Deal Faces Difficulties with Regulators
The coronavirus has put a crimp on the casino gambling industry’s hopes in the United States. Nevada has shut down all its casinos, and nationwide, there isn’t a single gambling establishment still open. Workers have been furloughed and the precariousness grows every day. A silver lining has been the fact that the Senate has voted […]
Casino
March 27, 2020
Eldorado Faces $2.3M Per Day Ticking Fees For Missing The Deadline
Recently, the American Gaming Association announced all commercial casinos in the US have temporarily closed, in response to the coordinated effort to stop the coronavirus /Covid-19/ infection from spreading further by cutting its transmission from one person to another. Tribal casinos were following suit, leaving the whole casino industry in a standstill, and raising some […]
Legal
March 7, 2020
Colorado: DraftKings Among The Latest Licensed For Operations
Colorado’s gaming regulator has granted 8 more licenses during its special meeting held on Thursday due to the high number of license applications. High Number Of Applications Having received 60 applications in total, 32 for master licenses, 18 for internet operators and 10 for sports operators, the Limited Gaming Control Commission in Colorado decided that […]
Legal
February 29, 2020
Maryland Becomes The Next State To Approve Eldorado-Caesars Merger
Eldorado Resorts continue to get state regulators’ approvals, with Maryland being the latest to signal the green light for the mega-merger deal with Caesars Entertainment to go ahead. Another State’s Approval The $17.3 billion merger deal between Eldorado Resorts and Caesars Entertainment that is expected to create the largest casino operator in the U.S. is […]
Casino
February 23, 2020
Eldorado Might Sell Several Caesars Las Vegas Strip Properties
Eldorado is rumoured to be considering the sale of some properties within the Caesars Palace on the Las Vegas Strip, after the merger between the two rival companies is finalized later this year. Sales Of Assets The $17.3 billion acquisition of Caesars Entertainment by its rival in the casino and hospitality industry, Reno-based Eldorado Resorts, […]
Business
January 22, 2020
Louisiana Gaming Regulator Gives The Go-Ahead To Eldorado-Caesars Merger
After the approval of the regulatory body in Missouri in December 2019, now the merger between Eldorado Resorts, Inc. and Caesars Entertainment has been given the green light from the Louisiana Gaming Control Board. Initially announced in June 2019, the $17.3 billion cash-and-stock deal is about to create one of the largest casino operators in […]