![]() ![]() The deal is still subject to approvals from regulators in several states where Eldorado and Caesars operate properties, including Nevada and New Jersey’s competent regulatory bodies. News about Twin River buying properties from Eldorado and Caesars emerge as the two Nevada-based gambling companies are looking to finalize their $17.3 billion merger. The above-noted purchase prices are subject to customary post-closing adjustments. Twin River said on Friday that it expects the transactions to be immediately accretive to earnings. Separately, Twin River, which operates Rhode Island’s two commercial casinos, among several other properties in other states, has also entered into an agreement with Caesars and real estate investment trust VICI Properties to acquire Bally’s Atlantic City Hotel & Casino in a $25 million deal. Twin River has entered into an agreement with Eldorado to purchase Eldorado Resort Casino Shreveport in Shreveport, Louisiana, and the Montbleu Resort, Casino and Spa in Lake Tahoe, Nevada for an overall purchase price of $155 million. to expand its footprint across three new states, news emerged Friday. Casino operator Twin River Worldwide Holdings has bought three casino properties from larger counterparts Eldorado Resorts and Caesars Entertainment Corp. ![]()
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