Eldorado Resorts
Twin River sees Q1 momentum checked by Covid-19 closures
Casino operator Twin River Worldwide Holdings has reported a 9.5% year-on-year decline in revenue for the first quarter of the year, after a strong performance…
Eldorado Resorts swings to Q1 loss amid Covid-19 shut-down
Casino operator Eldorado Resorts posted a $175.6m net loss for the first quarter of 2019 after a strong start to the period was hindered by…
Twin River to acquire trio of Caesars and Eldorado casinos
Twin River Worldwide has struck an agreement to acquire Eldorado Resorts properties in Louisiana and Nevada, and Caesars Entertainment’s Bally’s Atlantic City. The agreement with…
Twin River income declines despite 2019 revenue growth
Twin River Worldwide Holdings saw revenue rise 19.8% to an estimated $523.6m, but net income declined 23.7% to $51.4m after increased financial costs, according to…
Maverick Gaming purchases Eldorado Shreveport Casino for $230m
Maverick Gaming will buy the Eldorado Casino and Resort in Shreveport, Louisiana from Eldorado Resorts for $230 million. For Eldorado, the deal will allow the…
Eldorado’s Caesars deal gets approval in Missouri
Eldorado Resorts is a step closer to completing its $17.3bn (£13.3bn/€15.6bn) acquisition of Caesars Entertainment Corporation after receiving regulatory approval in Missouri. The state’s gaming…
State of the Union: CA, FL, NJ, PA and more
This week’s State of the Union, in partnership with Segev LLP, covers new regulatory proposals put forward in California and Florida, as well as the…
Caesars swings to Q3 loss after Rio sale despite revenue rise
Caesars Entertainment reported a 2.3% revenue increase to $2.24bn for the third quarter of 2019, but the operator swung to a loss due to impairment…
Caesars sells Rio Casino, retains WSOP
Caesars Entertainment has agreed the $516.3m sale of the Rio All-Suite Hotel & Casino, the Las Vegas-based venue that has served as the home of…
William Hill to launch IN sportsbook at Tropicana Evansville
William Hill will enter the Indiana sports betting market sportsbook at Tropicana Casino, Evansville, pending approval by the Indiana Gaming Commission. The casino is operated…
Betfred moves into US with Iowa’s Grand Falls
Bookmaker Betfred is to expand into the US after agreeing a deal to provide sports betting technology and operations to the Elite Casino Resort-owned Grand…
West Virginia sports betting revenue plummets in June
Sports wagering revenue in the regulated West Virginia market plummeted by around 148.2% month-on-month to $377,552 in June, while total handle also dropped by 13%.…
State of the Union: Maine, Oregon, NJ, PA and more
This week’s State of the Union, in partnership with Segev LLP, covers positive developments in Maine, less happy news in New York, and provides more…
Workers’ union voices concerns over Eldorado-Caesars deal
US hospitality workers’ union Unite Here has pledged to fight any wave of redundancies that may result from the merger of Eldorado Resorts and Caesars…