To learn more about Caesars, please visit As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. The FTC’s acceptance of the consent order satisfies all required antitrust clearances for the merger. Upon completion of the transaction the combined company will retain the Caesars name to capitalize on the value of the iconic global brand and its legacy of leadership in the global gaming industry. Caesars also owns the London Clubs International family of casinos. The new company will continue to trade on the Nasdaq Global Select Market.Tom Reeg, Chief Executive Officer of Eldorado, commented, “Eldorado’s combination with Caesars will create the largest owner and operator of U.S. gaming assets and is a strategically, financially and operationally compelling opportunity that brings immediate and long-term value to stakeholders of both companies. We are excited to integrate Caesars Rewards with the combined portfolio. Our agreement with VICI favorably positions both platforms by enhancing the value of our combined company’s assets and further solidifies the growth profile of VICI.“Eldorado’s history of completing successful, value-enhancing transactions has focused on prioritizing operating discipline with the goal of delivering best-in-class gaming and entertainment experiences and amenities to customers, unlocking the long-term value of acquired companies and assets through effective financial management, and completing return-focused investments in our properties that elevate the guest experience as well as our competitive position and overall returns. Before the virus, Caesars contemplated selling a Strip property within a year of last month’s Eldorado Resorts-Caesars merger, which created the … The combined entity will serve customers in essentially every major U.S. gaming market and will marry best-of-breed practices from both entities to ensure high levels of customer satisfaction and significant shareholder returns.“As with our past transactions, we have a detailed plan for significant synergy realization. The company is based in Las Vegas, Nevada. © Casinobeats.com , which concludes the FTC’s Hart-Scott-Rodino review of the pending merger. LAS VEGAS — Reno-based Eldorado Resorts Inc. received the go-ahead Wednesday from Nevada casino regulators to buy Las Vegas-based Caesars Entertainment Corp. … For more information, please visit Caesars is the world's most geographically diversified casino-entertainment company. Caesars currently owns and operates 34 casinos and resorts in Kentucky, Illinois, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada and New Jersey. Additionally, the transaction bears benefits beyond the strategic merits of the combination with Caesars in isolation. Under Tom Reeg’s leadership and front-line focus, the combination of Eldorado and Caesars will yield the most compelling guest experiences and network effect in American gaming.”Eldorado is a leading casino entertainment company that owns and operates twenty-six properties in twelve states, including Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, New Jersey, and Ohio. Eldorado, Caesars Entertainment Merger Agreement Outlines Penalties for Breakup. As a REIT, we seek to partner with operators who have the most powerful, valuable and enduring relationships with the end users of our real estate. I’m familiar with Eldorado and its management team, having worked with them on a previous transaction, and I look forward to collaborating with them to bring our companies together. June 24, 2019 — RENO, Nev. & LAS VEGAS — Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado,” “ERI,” or “the Company”) and Caesars Entertainment Corporation (NASDAQ: CZR) (“Caesars”) announced that they have entered into a definitive merger agreement to create the largest U.S. gaming company.

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