Following a year long process with regulators in different jurisdictions, the merger between Caesars Entertainment and Eldorado Resorts is finally complete! And together they have created the largest gambling company in the world! We also cover news from Atlantic City and review a new casino skill game.
New Jersey gaming regulators gave the final approval Friday for a $17.3 billion merger of Eldorado Resorts and Caesars Entertainment, clearing the way for a deal that will create the world’s biggest gambling company.
The New Jersey Casino Control Commission voted 2-0 in favor of the proposal, which for the time being gives one gaming company control of four of Atlantic City’s nine casinos. Nevada gambling regulators approved the buyout last week, followed by Indiana casino and horse racing authorities.
For more on how Caesars Entertainment became the worlds largest gambling company visit Yogo Net.