Melonie Johnson’s job was cut. She only started her job as president and chief operating officer of Borgata in Atlantic City on May 29 amid the raging coronavirus pandemic that forced the closure of casinos across the country. Just days earlier, the nation had been horrified by the police murder …
Read More »Eldorado Resorts Completes Purchase of Caesars Entertainment for $ 17.3 Million
LAS VEGAS – A Nevada company that started in 1973 with a single hotel-casino in Reno announced Monday that it has completed a $ 17.3 billion purchase of Caesars Entertainment Corp. and will take the company’s iconic name in the future as the largest casino owner in the world. Eldorado …
Read More »After the merger, Nevada Company will control 4 of the 9 casinos in Atlantic City – NBC10 Philadelphia
A $ 17.3 billion purchase created by the world’s largest casino company got final approval on Friday, and New Jersey gambling regulators agreed to allow Nevada-based Eldorado Resorts Inc. to acquire Caesars Entertainment Corp. It comes after an antitrust analyst had assured the New Jersey Casino Control Commission that the …
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