Home Tags Caesars Entertainment
Tag: Caesars Entertainment
Caesars surges as Eldorado Resorts agrees to buy the casino operator for $8.6 billion in a deal backed by Carl Icahn
The union of Caesars and Eldorado Resorts will created the largest gaming operator in the US. Including debt, the deal is worth $17.3 billion.
Revenue per available room at Vegas properties are expected to be flat to up 2%, said Eric Hession, the chief financial officer, during the second-quarter earnings call.