Eldorado Resorts has acquired Caesars Entertainment Corporation creating the largest casino and entertainment company in the United States. Once a regional company, this merger now results in Eldorado becoming a gaming powerhouse.
The combined company owns and operates more than 55 casino properties worldwide, including eight casino hotel properties on the Las Vegas Strip that include Caesars Palace, Planet Hollywood, Paris Las Vegas, Harrah’s Las Vegas, Bally’s Las Vegas, the Linq, and the Flamingo Las Vegas.
Additionally, Caesars owns or operates casinos in 16 states across the U.S., including Nevada, Colorado, Missouri, Iowa, Florida, Mississippi, Louisiana, Ohio, Illinois, Indiana, New Jersey, Pennsylvania, Arizona, North Carolina, California and Maryland.
“We are pleased to have completed this transformative merger, thus making us the premier leader in gaming and hospitality. We look forward to executing on the numerous opportunities ahead to create value for all stakeholders,” said Tom Reeg, CEO of Caesars Entertainment, in a statement. “Additionally, we are pleased to welcome all of our team members to the combined company, and we look forward to implementing all of the strategic initiatives that will position the company for continued growth.”
Combining CEC and Eldorado will further solidify the award-winning Caesars Rewards as the largest and most rewarding loyalty program in the industry, with over 60 million members.
For more information, please visit www.caesars.com/corporate.
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