Latest Hotel-casino operators News

High rollers: Eldorado buys Caesars in deal valued at $17B

Jun. 24, 2019 12:38 PM EDT

A casino juggernaut was formed Monday when Eldorado Resorts announced it is buying Caesars in a cash-and-stock deal valued at $17.3 billion. The acquisition will put about 60 casino-resorts in 16 states under a single name, Caesars, creating the largest gambling operator in the United States. The deal —...