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Tag Archives: Rubico Acquisition

US – Caesars Entertainment sells Harrah’s Louisiana Downs

Caesars Entertainment, and VICI Properties have announced definitive agreements to sell Harrah’s Louisiana Downs Casino, Racing & Entertainment to Rubico Acquisition Corp. for $22m. The casino in Bossier City in northwestern Louisiana, opened in 1974 and houses 1,300 slot machines. The proceeds of the transactions shall be split $5.5m to VICI Properties and $16.5m to…