Tom Reeg
Combined Caesars-Eldorado business loses $2.72bn in first year
The combined Caesars-Eldorado business, now trading as Caesars Entertainment, brought in $6.10bn in 2020, down 42.5% from 2019’s combined revenue, and posted a $2.72bn loss…
Slow Vegas recovery hurts enlarged Caesars’ Q3 performance
Caesars Entertainment’s third quarter results offer further proof that Las Vegas is enduring a slower recovery than regional gaming markets, with revenue falling on a…
ESPN to promote William Hill, DraftKings odds through new deal
Sports media giant ESPN has agreed deals with both Caesars Entertainment and DraftKings to showcase odds from William Hill and daily fantasy sports information from…
FTC approves Eldorado-Caesars merger
The Federal Trade Commission (FTC) has approved the merger between Eldorado Resorts and Caesars Entertainment, after requiring Eldorado to sell two properties to Twin River…
Eldorado extends lease with Gaming and Leisure Properties
Eldorado Resorts and Gaming and Leisure Properties (GLPI), from which Eldorado leases its Tropicana-branded properties and Belle of Baton Rouge venue in Louisiana, have agreed…
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…