No, Bally’s didn’t buy itself Bally’s Corporation announced on Wednesday that it has completed its acquisition of Bally’s Atlantic City from Caesars Entertainment. The two companies previously agreed to the $25 million (yes, only $25 million) deal in April. If it sounds strange that Bally’s has acquired Bally’s, don’t worry. Bally’s was very recently called… Read more »
Look out for the 800-pound gorilla Eldorado Resorts Inc. finally completed its $17.3 billion acquisition of larger gaming rival Caesars Entertainment Corp. on Monday, creating the largest casino company in the United States. The new combined company will keep the Caesars name, almost certainly because of its brand recognition, and will be called Caesars Entertainment… Read more »
As the decision to “reopen the economy” during the COVID-19 pandemic is up to state governments largely because of the lack of a plan on the federal level, different states are naturally doing different things. Wise or not (mostly not, probably), many states are trying to return to some semblance of “normalcy.” For some, regular… Read more »
After rumors of a deal swirled, Eldorado Resorts, Inc. and Caesars Entertainment Corporation announced on Monday that they have agreed to a merger, forming the largest gambling company in the United States. The combined company will operate close to 60 casino-resorts in 16 states, including the Rio All-Suites Hotel and Casino, home of the World… Read more »
The Stars Group and Eldorado Resorts, Inc. have agreed to a 20-year deal in which The Stars Group – parent company of PokerStars and Full Tilt – will be able to operate sports betting sites in the United States under Eldorado’s gaming license. The agreement applies to thirteen states in which Eldorado operates: Colorado, Florida,… Read more »
