Tag: Tom Reeg

Caesars buoyed by sequential quarterly improvement

Caesars Entertainment
As the operator saw signs of recovery in Q1, Caesars Entertainment’s CEO Tom Reeg reported the company is experiencing “extremely robust demand” in its group business segment for H2 2021.

Bally’s Corp completes purchase of MontBleu Resort

Bally Corp purchase MontBlue Resort
Bally’s Corp has completed its purchase of the northern Nevada resort from Caesars Entertainment. The transaction formed part of a $155m deal which also included Eldorado Shreveport in Louisiana.

I want to be a part of it: New York, New York

New York Sands expansion opportunities
While it has recently sold off its assets in Las Vegas, Sands is still looking at gambling expansion opportunities in New York and Texas.

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 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...

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