Tag Archives: Eldorado Resorts
US – Eldorado Resorts to roll out William Hill sports books
William Hill US and Eldorado Resorts have entered into a nationwide partnership for digital and land-based sports betting and online gaming in the United States. Within weeks the partners will open William Hill sportsbooks in five properties across three states – The Tropicana in Atlantic City, New Jersey; The Mountaineer Casino Racetrack and Resort in…
US – Cordish and Eldorado to redevelop Isle Casino Racing Pompano Park
The Cordish Companies and Eldorado Resorts have formed a new 50-50 joint venture partnership that will master plan, design and develop a new world-class, mixed-use entertainment and hospitality destination in Pompano, Florida. The development will complement and encompass the site of the existing Isle Casino Racing Pompano Park and bring new upscale retail, dining, and…
US – Eldorado buys Tropicana Entertainment from Carl Ichan
Eldorado Resorts is buying Tropicana Entertainment from US businessman Carl Icahn for $1.85bn although the MontBleu Casino in South Lake Tahoe and the Tropicana Aruba Casino won’t be included in the deal. The deal will seven casinos in six states brought into the Eldorado portfolio, including the Tropicana Laughlin Hotel in Nevada as well as…
US – Shareholders at Eldorado and Isle of Capri approve merger deal
Eldorado Resorts and Isle of Capri Casinos have announced that, at separate Special Meetings of Shareholders today, their respective shareholders approved certain actions in connection with Eldorado’s acquisition of Isle of Capri. The deal was announced as a definitive merger in September last year and represented a total cost of $1.7bn, inclusive of $929m of…
US – Eldorado outlines enhancements to Reno properties
Eldorado Resorts has said it plans to invest more than $50m in facility enhancements to Eldorado Reno, Silver Legacy and Circus Circus Reno. Eldorado’s master plan for the three connected properties, which span eight city blocks in downtown Reno, will be phased over three years, commencing in the fourth quarter of 2016. In addition to…
US – Eldorado Resorts to buy Isle of Capri Casinos for $1.7bn
In a huge deal for the North American locals casino market, Eldorado Resorts is to buy Isle of Capri Casinos for $1.7bn. The deal will add 13 casino–resorts to Eldorado’s portfolio, for a total of 20 properties in 10 states. After completion of the transaction and the sale of Isle of Capri Casino Hotel Lake Charles,…
US – William Hill to revamp two Reno sportsbooks
British bookie William Hill has signed a long-term deal with Eldorado Resorts to significantly upgrade and operate the race and sportsbooks at the Silver Legacy Resort Casino and Circus Circus Hotel Casino – Reno in Reno. It will develop a 7,200 square foot William Hill Race & Sports Book at the Silver Legacy featuring a…
US – Eldorado completes Silver Legacy buyout
Eldorado Resorts has completed the previously announced purchase of MGM Resorts International’s 50 per cent interest in the Silver Legacy Resort Casino Reno, as well as the assets of Circus Circus Reno, for $72.5m cash plus a working capital adjustment. The Silver Legacy is a Nevada mining themed hotel-casino and entertainment complex which features an…
US – Eldorado takes two Reno casinos off MGM’s hands
MGM Resorts is offloading two of its casino assets in Reno, Nevada, to local operator and long-term partner Eldorado Resorts. Eldorado is buying MGM Resort’s 50 per cent interest in the Silver Legacy Resort Casino Reno, as well as all of the assets of Circus Circus Reno, for total consideration of $72.5m. Eldorado already owns…
