Wednesday, October 28, 2020

Tag: c

Eldorado secures Tropicana portfolio

Eldorado
Eldorado Resorts has announced it will purchase seven of Tropicana Entertainment’s nine casinos for $1.85bn in a partnership with Gaming and Leisure Properties Inc. The agreement, which excludes Tropicana’s MontBleu and Aruba casinos, will see the six state portfolio acquired through a majority investment of $1.21bn from Gaming and Leisure. The company will then lease the properties exclusively to Eldorado in...

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