Gambling in the USA
Eldorado Resorts and Caesars mull over merger

US casino operators Eldorado Resorts Inc. and Caesars Entertainment Corp are in the early stages of discussion on a possible merger, according to sources familiar with the matter.
Caesars has recently agreed to allocate billionaire investor Carl Icahn, who has been pushing the company to sell itself, three board seats to his representatives, and a say on the selection of its next chief executive officer.
Caesars is providing some limited confidential financial information to Eldorado, which is carrying out due diligence on the potential combination of the two companies, the sources said.
Eldorado has yet to make a binding offer for Caesars, and there is no certainty any bid will materialise or that a deal will be successfully negotiated, the sources added, asking not to be identified because the matter is confidential.
Caesars and Eldorado have market capitalizations of $5.4 billion and $3.6 billion, respectively. They also had debt piles of $9.1 billion and $3.3 billion, respectively, as of the end of December.
Caesars declined to comment, while Eldorado did not immediately respond to a request for comment.
-
eSports4 days ago
Post Malone to Headline Esports World Cup 2025 Opening Ceremony in Riyadh
-
Asia7 days ago
Bloomberry Resorts Corporation Appoints Gregory Francis Hawkins as Director, President and COO
-
eSports7 days ago
Cristiano Ronaldo Named Global Ambassador of the Esports World Cup 2025
-
Gambling in the USA7 days ago
Gaming Americas Weekly Roundup – June 9-15
-
Conferences in Europe7 days ago
Gaming in Germany Conference: November 11, 2025 | Save the date!
-
Interviews7 days ago
From Cost Center to Growth Driver: Rethinking Geolocation in a Regulated World
-
Compliance Updates7 days ago
EGT Digital is a licensed iGaming provider for Gibraltar
-
Conferences in Europe7 days ago
PIN-UP Global to Participate in IGB L!VE London