Friday, March 31, 2023

Tag: Eldorado Resorts

Caesars celebrates record EBITDA

Caesars celebrates record EBITDA
Following the William Hill acquisition Caesars has rebranded its sports betting operations and launched a new marketing campaign, while CEO Tom Reeg said it will likely sell one of its its eight Las Vegas Strip properties in 2022.

Tom Reeg: “Regional is very strong now and going to get stronger”

Tom Reeg Regional stronger
Following the completion of the Eldorado-Caesars Entertainment merger in July, the combined company’s new CEO said it had been “encouraged by operating trends” after reopening its regional properties and highlighted that it is “significantly EBITDA positive in Las Vegas”.

Eldorado Shreveport sold to Maverick Gaming for $230m

Eldorado Shreveport sold to Maverick Gaming
Eldorado Resorts has agreed to sell its Shreveport, Louisiana property for $230m to Las Vegas-based Maverick Gaming.

Thumbs up to execute Eldorado, Caesars merger

Eldorado Resorts Caesars
Eldorado was the term used by the Spanish Empire to describe a mythical tribal chief of the Muisca people - over time, this myth went from being a man..

Eldorado to take on five tribal casino management contracts following Caesars merger

Eldorado casino management Caesars
While Eldorado Resorts has raised the possibility of selling off one of Caesars’ Strip properties when the companies’ merger concludes next year, the..

Caesars abandons Gold Coast IR bid

Caesars abandon Gold Coast IR bid
Caesars Entertainment has confirmed it has pulled out of the running to develop a casino on Australia’s Gold Coast.

Twin Rivers purchases two Eldorado properties

Twin Rivers purchase Eldorado properties
Eldorado Resorts has agreed to sell two properties in Kansas City, Missouri, and Vicksburg, Mississippi to Twin River Worldwide Holdings for $230m..

JCM Global signs exclusive master supply agreement with Eldorado Resorts

Signing agreement
JCM Global has signed an exclusive master supply agreement with Eldorado Resorts, Inc. 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 U.S. The agreement is an expansion of existing relationships between JCM and certain Eldorado properties and...

Eldorado Resorts finalises acquisition of Isle of Capri Casinos

Casino Review Isle of Capri
Eldorado’s premiere diversified regional gaming platform expanded to 19 gaming facilities in ten states following Isle of Capri Casinos acquisition.   Eldorado Resorts, Inc. has completed its previously announced acquisition of Isle of Capri Casinos, Inc. in a cash and stock transaction. The combination creates a premiere, diversified regional gaming platform with combined annual revenue of more than $1.7 billion for the...

Eldorado Resorts plans more than $50m of Reno facility upgrades

Casino Review Eldorado
Tapping Reno’s re-emergence as a vibrant and growing economy, Eldorado Resorts is upgrading itsgaming properties in the city. William Hill Resorts, the Reno-based operator of seven casinos across five US states, will invest more than $50m (E46m) in facility enhancements to Eldorado Reno, Silver Legacy and Circus Circus Reno. The company’s master plan for the three connected properties, which span eight...

Isle of Capri Casinos in $1.7 billion sale to Eldorado Resorts

Casino Review Isle of Capri
Eldorado Resorts enters into definitive agreement to acquire Isle of Capri Casinos for $23 per share in a cash and stock transaction valued at $1.7bn.   Eldorado Resorts and Isle of Capri Casinos announced yesterday (Monday) that they have entered into a definitive merger agreement whereby Eldorado will acquire all of the outstanding shares of Isle of Capri for $23 in...