Gambling in the USA
Tropicana’s window-shop period for merger with Eldorado closes

The US-based casino and resort operator Tropicana Entertainment has declared that the “window-shop” period provided for its recent merger agreement with the fellow casino operator Eldorado Resorts has expired. The window-shop period ran from April 15, 2018 until Tuesday. Tropicana’s board of directors could have terminated the merger agreement during this period had it received an unsolicited acquisition proposal from a third party.
The agreement was made to merge Tropicana’s gaming and hotel operations Eldorado Resorts while the window also covered the related sale of Tropicana’s real estate to Gaming and Leisure Properties.
Tropicana has received the required approval of the transaction by its stockholders, which was effected through the written consent of American Entertainment Properties, a significant stockholder of the company and a subsidiary of parent company, Icahn Enterprises.
The transaction is expected to close in the second half of 2018, subject to receipt of required gaming approvals, termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and other customary closing conditions. The transaction is not subject to any financing condition.
Source: intergameonline.com
-
Latest News7 days ago
Slovakia Publishes Groundbreaking Report on Illegal Online Gambling
-
Africa5 days ago
Tanzania Gaming Board Warns Families About Risks Posed by Betting on PlayStation Games
-
Latest News6 days ago
Best Gambling Sites For US Players: Top Real Money Online Casinos 2025
-
Latest News6 days ago
Best 25 Crypto Gambling Sites & Casinos for South Korea 2025 Picks
-
Latest News5 days ago
Best Online Casinos in Europe for 2025 – Top 10 European Casino Sites For Real Money
-
Latest News6 days ago
Best Crypto Casinos in Europe: Top 10 EU Crypto Casino Sites With Exclusive Bonuses – Latest Update
-
Industry News6 days ago
PAGCOR Opposes Online Gambling Ban Amid Pressure to Criminalise the Industry
-
Latest News7 days ago
Fanatics Sportsbook and Athlete Livvy Dunne Change the Game With New Football Ad Campaign