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Business
August 3, 2020
Illinois: William Hill Sports Book at Grand Victoria Casino Elgin
UK-based sports betting giant William Hill announced today its US subsidiary opened up a retail sports book in Illinois, the operator’s first in the state. In partnership with Caesars Entertainment and its Grand Victoria Casino Elgin, the new sports book marked another milestone for William Hill’s strategy for expansion into regulated markets. William Hill Enters […]
Casino
August 2, 2020
Caesars Approves Pay Raises for Executives Amid Pandemic
Following the merger of Eldorado and Caesars, Caesars approved pay raises for five executive employees. Caesars’s Board of Directors Approved Managerial Salary Raises Following the merger by Eldorado and Caesars, Caesars has set a plan for pay raises for the company’s management. Earlier this week a Compensation Committee meeting approved that five of the company’s […]
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 18, 2020
Caesars-Eldorado $17.3bn Merger a Fact in New Jersey Vote
The New Jersey Casino Control Commission has granted a final approval to the Eldorado-Caesars merger/buyout deal estimated at $17.3bn. New Jersey Gives Approval to Eldorado-Caesars Merger A final approval from New Jersey has come on Friday, July 17, allowing Eldorado Resorts Inc, a Nevada-based gaming giant, to finalize the acquisition of Caesars Entertainment Corp. in […]
Business
July 16, 2020
Eldorado-Caesars Merger Enters Final Chapter as Approval from NJ Regulator Is Expected Soon
Following the approval of Indiana and Nevada, the Eldorado-Caesars merger is entering its final chapter. Once the merger is completed, a new regional giant will be created which will operate in 16 states. NJ Regulator Expected to Make a Decision on the Megadeal The megadeal merger between Eldorado and Caesars is entering its final stage. […]
Legal
July 11, 2020
Indiana Gaming Commission Approves Eldorado Caesars Merger
Eldorado Resorts announced at a meeting Friday, July 10, it has obtained the approval from the Indiana Gaming Commission regarding the ongoing merger with Caesars Entertainment, subject to applicable conditions. The approval of the Indiana Gaming Commission left Eldorado needing to get the go-ahead from only two other regulatory bodies, the Indiana Horse Racing Commission […]
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 […]
Business
July 7, 2020
Key Week for Eldorado Caesars Merger, Nevada, Indiana Hearings
The ongoing merger between Eldorado Resorts (ERI) and Caesars Entertainment (CZR) is facing a critical week ahead, as both the Nevada Gaming Control Board and the Nevada Gaming Commission will review its details on Wednesday, while on Friday, gaming authorities in Indiana are set to consider the $17.3 billion deal. Gaining the approvals of Nevada […]
Casino
July 4, 2020
Twin River Completes Isle of Capri & Lady Luck Acquisitions
Twin River Holdings, Inc reported Thursday it completed the deal to acquire the Isle of Capri in Kansas City, Missouri, and Lady Luck Casino in Vicksburg, Mississippi, for a combined price of $230 million, subject to customary adjustments. Twin River Expands into Missouri and Mississippi The deal to acquire Eldorado Resorts’ subsidiary companies which own […]
Casino
July 3, 2020
Caesars Southern Indiana Employees Petition for Enhanced Safety
A petition was signed by employees of Caesars in Southern Indiana. The petition urges for changes towards safer work environment and mandatory masks for visitors. Safe Post-COVID-19 Measures Demanded by Caesars Employees Indiana Caesars employees have requested stricter rules for post-COVID-19 operations. The workers signed a petition with more than 300 signatures and addressed it […]