Eldorado Resorts

Amalfi by Bobby Flay at Caesars Palace Celebrates Highly-Anticipated Grand Opening

Retrieved on: 
Monday, June 21, 2021

LAS VEGAS, June 21, 2021 /PRNewswire/ --On Friday, June 18, Amalfi by Bobby Flay at Caesars Palace hosted its highly-anticipated grand opening event, welcoming guests to the Amalfi Coast-inspired destination.

Key Points: 
  • LAS VEGAS, June 21, 2021 /PRNewswire/ --On Friday, June 18, Amalfi by Bobby Flay at Caesars Palace hosted its highly-anticipated grand opening event, welcoming guests to the Amalfi Coast-inspired destination.
  • Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8834552-amalfi-bobby-flay-caesar...
    "Opening Amalfi at Caesars Palace has allowed me to showcase my passion for the Amalfi Coast and the fresh flavors the region is known for," said Flay.
  • Amalfi by Bobby Flay at Caesars Palace is open 5 p.m. to 10 p.m. Sunday through Thursday, 5 p.m. to 10:30 p.m. Fridays and Saturdays.
  • Caesars Palace is operated by a subsidiary of Caesars Entertainment, Inc. (NASDAQ: CZR).

Caesars Entertainment and the Arizona Diamondbacks Team Up to Bring Mobile Sports Betting to Arizona and a State-of-the-Art New Sportsbook to Downtown Phoenix

Retrieved on: 
Thursday, May 6, 2021

Equally important, we went through our strong due diligence to find the industry leader in the education and execution of responsible gaming.

Key Points: 
  • Equally important, we went through our strong due diligence to find the industry leader in the education and execution of responsible gaming.
  • "\nThe deal simultaneously grants Caesars Entertainment mobile sports betting market access and exclusive sponsorship in sports betting and daily fantasy sports for the D-backs.
  • Through mobile betting, fans can earn credits and tier status to unlock incredible experiences through the industry-leading loyalty program Caesars Rewards .
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through the development of new resorts, expansions and acquisitions.

Caesars Entertainment is Nationally Recognized for Corporate Social Responsibility and Climate Action Leadership

Retrieved on: 
Thursday, January 28, 2021

LAS VEGAS, Jan. 28, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. ("Caesars Entertainment," "Caesars" or the "Company"), the largest gaming and entertainment company in the U.S., today shares prestigious recognition for its leadership and efforts in corporate social responsibility.

Key Points: 
  • LAS VEGAS, Jan. 28, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. ("Caesars Entertainment," "Caesars" or the "Company"), the largest gaming and entertainment company in the U.S., today shares prestigious recognition for its leadership and efforts in corporate social responsibility.
  • Awarded for leadership in corporate sustainability by global environmental non-profit CDP, Caesars secures two places on the "A-List" for tackling climate change, as well as addressing watersecurity.
  • To learn more about Caesars Entertainment's corporate social responsibility, please visit here .
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.

VICI Properties Inc. Provides $400 Million Mortgage Loan to Caesars Entertainment

Retrieved on: 
Friday, September 18, 2020

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced it has provided a $400 million mortgage loan to a subsidiary of Caesars Entertainment, Inc. (NASDAQ: CZR) (Caesars) that is secured by the Caesars Forum Convention Center in Las Vegas, in accordance with the previously announced letter of intent (the LOI) entered into on June 15, 2020.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced it has provided a $400 million mortgage loan to a subsidiary of Caesars Entertainment, Inc. (NASDAQ: CZR) (Caesars) that is secured by the Caesars Forum Convention Center in Las Vegas, in accordance with the previously announced letter of intent (the LOI) entered into on June 15, 2020.
  • The Caesars Forum Convention Center is subject to an amended Put/Call Agreement between Caesars and VICI, with VICIs call option being accelerated to 2025 in connection with the entry into the mortgage loan.
  • VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace.
  • Its properties are leased to industry leading gaming and hospitality operators, including Caesars, Century Casinos Inc., Hard Rock International, JACK Entertainment and Penn National Gaming.

Caesars Entertainment and VICI Properties Announce Sale of Harrah’s Louisiana Downs to Rubico Acquisition

Retrieved on: 
Thursday, September 3, 2020

Caesars Entertainment, Inc., (NASDAQ: CZR) (Caesars or CZR) and VICI Properties Inc. (NYSE: VICI) (VICI Properties or VICI) today announced definitive agreements to sell Harrahs Louisiana Downs Casino, Racing & Entertainment (Harrahs Louisiana Downs) to Rubico Acquisition Corp. for $22 million.

Key Points: 
  • Caesars Entertainment, Inc., (NASDAQ: CZR) (Caesars or CZR) and VICI Properties Inc. (NYSE: VICI) (VICI Properties or VICI) today announced definitive agreements to sell Harrahs Louisiana Downs Casino, Racing & Entertainment (Harrahs Louisiana Downs) to Rubico Acquisition Corp. for $22 million.
  • Caesars Entertainment, Inc. is the largest casino-entertainment company in the U.S. and one of the world's most diversified casino-entertainment providers.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.
  • VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace.

FTC Approves Final Order Imposing Conditions on Casino Operators Eldorado Resorts, Inc. and Caesars Entertainment Corporation

Retrieved on: 
Wednesday, August 26, 2020

Following a public comment period, the Federal Trade Commission has approved a final ordersettling charges that Eldorados $17.3 billion agreement to acquire Caesars likely would violate federal antitrust law.

Key Points: 
  • Following a public comment period, the Federal Trade Commission has approved a final ordersettling charges that Eldorados $17.3 billion agreement to acquire Caesars likely would violate federal antitrust law.
  • According to the complaint, which was first announced in June, the proposed acquisition would likely harm competition for casino services in the South Lake Tahoe area of Nevada and the Bossier City-Shreveport area of Louisiana.
  • The final order requires the parties to divest casino-related assets to Twin River Worldwide Holdings, Inc. in both markets.
  • The Commission vote to approve the final order was 3-1-1.

FTC Approves Final Order Imposing Conditions on Casino Operators Eldorado Resorts, Inc. and Caesars Entertainment Corporation

Retrieved on: 
Wednesday, August 26, 2020

Following a public comment period, the Federal Trade Commission has approved a final ordersettling charges that Eldorados $17.3 billion agreement to acquire Caesars likely would violate federal antitrust law.

Key Points: 
  • Following a public comment period, the Federal Trade Commission has approved a final ordersettling charges that Eldorados $17.3 billion agreement to acquire Caesars likely would violate federal antitrust law.
  • According to the complaint, which was first announced in June, the proposed acquisition would likely harm competition for casino services in the South Lake Tahoe area of Nevada and the Bossier City-Shreveport area of Louisiana.
  • The final order requires the parties to divest casino-related assets to Twin River Worldwide Holdings, Inc. in both markets.
  • The Commission vote to approve the final order was 3-1-1.

Caesars Entertainment, Inc. to Report 2020 Second Quarter Results on August 6, 2020

Retrieved on: 
Friday, July 24, 2020

RENO Nev. and LAS VEGAS, July 24, 2020 /PRNewswire/ --Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the second quarter 2020 after the market closes on Thursday, August 6, 2020.

Key Points: 
  • RENO Nev. and LAS VEGAS, July 24, 2020 /PRNewswire/ --Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the second quarter 2020 after the market closes on Thursday, August 6, 2020.
  • The call will be accessible on the Investor Relations section of Caesars Entertainment's website at https://investor.caesars.com .
  • Caesars Entertainment, Inc. is the largest casino-entertainment company in the U.S. and one of the world's most diversified casino-entertainment providers.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.

Eldorado Resorts Secures Approval From New Jersey Casino Control Commission in Connection With Its Pending Acquisition of Caesars Entertainment

Retrieved on: 
Friday, July 17, 2020

Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the New Jersey Casino Control Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to applicable conditions.

Key Points: 
  • Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the New Jersey Casino Control Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to applicable conditions.
  • Caesars Entertainment is one of the world's most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.
  • These forward-looking statements include, among others, statements regarding the timing and completion of the merger with Caesars Entertainment Corporation.

The Pandemic Proof Industry Wall Street Can't Ignore

Retrieved on: 
Thursday, July 16, 2020

The first phase of the growing online gaming and sports betting industry was all about getting the tech right.

Key Points: 
  • The first phase of the growing online gaming and sports betting industry was all about getting the tech right.
  • After Flutter, Eldorado Resorts (ERI) announced its own mega-merger with industry giant Caesar's Entertainment (CZR).
  • And this is an industry that is not only immune to this crisis but thriving on it.
  • Industry veteran MGM International (MGM) has also seen a sharp uptick in its share price after bottoming out in March.