Eldorado Buying Caesars In $17B Deal

ELDORADO IS BUYING CAESARS TO FORM AMERICA'S LARGEST CASINO BUSINESS

LAs Vegas, NV (KSNV) – A new deal would create the largest gaming company in the United States.

Eldorado resorts plans to buy Caesars entertainment which owns some of Las Vegas’ most recognizable properties.

The $17-billion sale would give the new company a large footprint 60 casinos and resorts across 16 states.

Eldorado will also take on Caesars’ nearly $9 billion in debt.

The new company plans to keep the Caesars name to capitalize on the iconic brand.

Categories: Business