Business
November 20, 2020
Bally’s Corp Acquires Bally’s Atlantic For $25 Million, Plans For Improvements
Previously known as Twin River Worldwide Holdings, Bally’s Corp announced on November 18 it closed a $25 million deal with Caesars Entertainment and VICI Properties to acquire Bally’s Atlantic City. New Upgrades For Bally’s Atlantic City Bally’s Corp completed Wednesday the acquisition of Bally’s Atlantic City for $25 million after New Jersey gaming regulators approved […]
Business
October 30, 2020
VICI Places $103M Deal for Strip Land on the Backburner
VICI Properties, the real estate investment trust spun off Caesars, decided not to pursue for now a previously announced deal for the purchase of 23 acres of undeveloped land parcels on the east side of the Las Vegas Strip. The $103.5 million deal was agreed as part of a $500 million combined deal with Eldorado […]
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 & […]
Business
January 26, 2020
Jack Entertainment Pays $65m to Lease Casinos from VICI Properties after Acquisition
Jack Entertainment has sold two Cleveland casinos to VICI Properties and paid almost $65 million to have them leased back from the company. VICI Leases Newly-Acquired Properties Back to Previous Owner On Friday, VICI Properties said that it had completed the acquisition of two casino properties in Ohio, spending $843.3 million to claim ownership of […]