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Business
July 18, 2020
Caesars-Eldorado $17.3bn Merger a Fact in New Jersey Vote
The New Jersey Casino Control Commission has granted a final approval to the Eldorado-Caesars merger/buyout deal estimated at $17.3bn. New Jersey Gives Approval to Eldorado-Caesars Merger A final approval from New Jersey has come on Friday, July 17, allowing Eldorado Resorts Inc, a Nevada-based gaming giant, to finalize the acquisition of Caesars Entertainment Corp. in […]
Business
July 16, 2020
Eldorado-Caesars Merger Enters Final Chapter as Approval from NJ Regulator Is Expected Soon
Following the approval of Indiana and Nevada, the Eldorado-Caesars merger is entering its final chapter. Once the merger is completed, a new regional giant will be created which will operate in 16 states. NJ Regulator Expected to Make a Decision on the Megadeal The megadeal merger between Eldorado and Caesars is entering its final stage. […]
Casino
July 12, 2020
US: More Than 120 Casinos Are Now Smoke-free, Could This Be the New Normal?
More than 120 out of 839 tribal and commercial casino operators have introduced a smoking ban. While some operators plan to reinstate smoking as soon as the mandatory requirement for wearing a mask is lifted, we wonder if smoke-free casino floors is a temporary event or it may result in significant changes in the near […]
Legal
July 11, 2020
Indiana Gaming Commission Approves Eldorado Caesars Merger
Eldorado Resorts announced at a meeting Friday, July 10, it has obtained the approval from the Indiana Gaming Commission regarding the ongoing merger with Caesars Entertainment, subject to applicable conditions. The approval of the Indiana Gaming Commission left Eldorado needing to get the go-ahead from only two other regulatory bodies, the Indiana Horse Racing Commission […]
Casino
July 11, 2020
The Cosmopolitan Las Vegas May or May Not Lay off More People
The Cosmopolitan Las Vegas is covering all bases, a letter to the Nevada Department of Employment, Training and Rehabilitation from June 30 shows. The Las Vegas Strip resort informs the state department that layoffs and furloughs that started in March and April may last more than the initially thought 6 months and even become permanent, […]
Casino
July 10, 2020
Pennsylvania’s Casino License Auction Set for September 2
A casino license auction in Pennsylvania is due on September 2. The news came after Mount Airy Casino wasn’t able to fund its project and the Pennsylvania Gaming Control Board decided to auction it again. Lawmakers Put Back One Casino License in Pennsylvania for Auction The Pennsylvania Gaming Control Board (PGCB) has announced that it […]
Business
July 7, 2020
Key Week for Eldorado Caesars Merger, Nevada, Indiana Hearings
The ongoing merger between Eldorado Resorts (ERI) and Caesars Entertainment (CZR) is facing a critical week ahead, as both the Nevada Gaming Control Board and the Nevada Gaming Commission will review its details on Wednesday, while on Friday, gaming authorities in Indiana are set to consider the $17.3 billion deal. Gaining the approvals of Nevada […]
Lottery
July 6, 2020
888 & Delaware Lottery Extend Partnership with 2 More Years
888 Holdings Plc announced in an investor update for the London Stock Exchange today its partnership deal with the Delaware Lottery has been extended for another 2 years. Online Casino & Online Poker The online gaming technology company has been the exclusive technology provider for the state lottery in Delaware since 2013, powering the state’s […]
Casino
July 4, 2020
Twin River Completes Isle of Capri & Lady Luck Acquisitions
Twin River Holdings, Inc reported Thursday it completed the deal to acquire the Isle of Capri in Kansas City, Missouri, and Lady Luck Casino in Vicksburg, Mississippi, for a combined price of $230 million, subject to customary adjustments. Twin River Expands into Missouri and Mississippi The deal to acquire Eldorado Resorts’ subsidiary companies which own […]
Casino
July 3, 2020
Caesars Southern Indiana Employees Petition for Enhanced Safety
A petition was signed by employees of Caesars in Southern Indiana. The petition urges for changes towards safer work environment and mandatory masks for visitors. Safe Post-COVID-19 Measures Demanded by Caesars Employees Indiana Caesars employees have requested stricter rules for post-COVID-19 operations. The workers signed a petition with more than 300 signatures and addressed it […]