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Tag Archives: Eldorado Resorts

US – Century agrees to buy Mountaineer Casino from Eldorado Resorts

Century Casinos has received approval from the West Virginia Lottery Commission to acquire the Mountaineer Casino, Racetrack and Resort from Eldorado Resorts. “We are very excited to be expanding into West Virginia,” Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos, remarked. “Mountaineer is a great addition to our portfolio and will be…

US – Twin Rivers to snap up two properties from Eldorado

Twin River is buying two casinos from Eldorado Resorts, namely the Isle of Capri Casino Kansas City in Kansas City, Missouri and Lady Luck Casino Vicksburg in Vicksburg, Mississippi, for $230m. George Papanier, President and CEO of Twin River, said: “This transaction continues our focus on creating long-term shareholder value as we strive to develop…

US – Eldorado moves on Caesars with Ichan’s blessing

Eldorado Resorts is to acquire Caesars Entertainment in a deal worth US$17.3bn to create one of the largest casino firms in the US. Eldorado Resorts International (ERI) has agreed to buy Caesars in a cash and stock deal worth $12.51/share ($12.75 based on ERI’s 30-day VWAP, and $13.01 based on Friday’s close), split $8.40 in…

US – VICI and Century strike deal to take over three Eldorado casinos

VICI Properties is joining forces with Century Casinos to buy Isle Casino Cape Girardeau in Cape Girardeau, Missouri, Lady Luck Casino Caruthersville in Caruthersville, Missouri, and Mountaineer Casino, Racetrack & Resort in New Cumberland, West Virginia, from Eldorado Resorts for $385m. Following the deal, VICI Properties will acquire the land and real estate assets of…

US – Caesars and Eldorado merger talks heat up

Caesars Entertainment and Eldorado Resorts could be closing in on a deal that would create the largest gaming operator in North America. Pushed by billionaire Carl Ichan, who now owns over a quarter of Caesars, the two operators are deep in negotiation over a cash and stock deal with Reno-born Eldorado becoming the controlling force…

US – Caesars and Eldorado in talks over possible merger

Caesars Entertainment is believed to be in the very early stages of merger talks with Eldorado Resorts. A source said that Caesars was providing limited confidential financial information to Eldorado, which is carrying out due diligence on the potential combination. Billionaire investor Carl Icahn, who has recently increased his stake in Caesars to 17.8 per…

US – Tropicana Atlantic City unveils new sportsbook

Tropicana Atlantic City Casino & Resort, an Eldorado Resorts property, has announced the grand opening ceremony of its new permanent sportsbook, with partner William Hill US, on March 8. The sports book will feature the most seats of any sports book in Atlantic City and is conveniently located on the North Tower Casino Floor adjacent…

US – The Stars Group and Eldorado Resorts enter online betting agreement

The Stars Group has entered into an agreement with Eldorado Resorts, that will allow it to operate online betting and gaming in the states where Eldorado currently or in the future owns or operates casino properties. The agreement currently covers 11 states (Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, Ohio and West Virginia)…

US – JCM signs expanded deal with Eldorado Resorts

JCM Global has signed an exclusive master supply agreement with Eldorado Resorts, helping the company to deepen and expand its connection with its players. Under the agreement, JCM will provide its bill validators and printers for all 26 Eldorado gaming properties in the US. The agreement is an expansion of existing relationships between JCM and…