Real Estate

Eldorado Resorts Completes $17B Caesars Entertainment Acquisition | National Real Estate Investor

by nreionline.com posted 2months ago 24 views
The company first announced its $17 billion acquisitions more than a year ago. : (Bloomberg)—Eldorado Resorts Inc. completed its $17 billion acquisition of Caesars Entertainment Corp., navigating a series of hurdles, including the global pandemic, to create a new powerhouse in the casino industry. The merger, first announced in June of last year, capped a flurry of dealmaking for the once-small casino company. But the transaction faced obstacles, including several states where the new company’s market share exceeded the wishes of regulators, and the coronavirus, which shuttered casinos in the U.S. for nearly three months this year.

In this article