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 regarding its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (“Caesars”), subject to applicable conditions. Eldorado and Caesars have received all necessary regulatory approvals to close the merger.
Eldorado is a leading casino entertainment company that owns and operates twenty-one properties in eleven states, including Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, New Jersey, and Ohio. Altogether, the Eldorado properties have approximately 22,400 slot machines, VLTs and electronic tables and approximately 640 table games, and more than 11,200 hotel rooms. For more information, visit www.eldoradoresorts.com.
Caesars Entertainment is one of the world’s most diversified casino entertainment providers and the most geographically diverse American casino entertainment company. Since its inception in Reno, Nevada, in 1937, Caesars Entertainment has grown through the development of new resorts, expansions, and acquisitions. Caesars Entertainment resorts operate primarily under the Caesars®, Harrah’s® and Horseshoe® brands. The Caesars Entertainment portfolio also includes the Caesars Entertainment UK family of casinos. Caesars Entertainment focuses on generating loyalty and value with its guests through a unique combination of excellent service, great products, unsurpassed distribution, operational excellence, and technology leadership. Caesars Entertainment is committed to its employees, suppliers, communities, and the environment through its PEOPLE PLANET PLAY framework. For more information, visit www.caesars.com/corporate.
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