lawyermonthly 1100x100 oct2024eb sj lawyermonthly 800x90 nakajima

Eldorado Resorts Inc’s $17 Billion Acquisition of Caesars Entertainment Corporation

Reading Time:
< 1
 minutes
Posted: 1st September 2020 by
Jaya Harrar
Last updated 14th September 2021
Share this article

Eldorado Resorts, Inc. (now Caesars Entertainment, Inc.), completed its $17 billion acquisition of Caesars Entertainment Corporation. Blank Rome LLP and Latham & Watkins LLP advised Eldorado Resorts Inc on the deal.

Announced in July, this merger has created the largest casino and entertainment company in the United States, with Caesars now owning and operating more than 55 casino properties worldwide, including an iconic portfolio of eight casino hotel properties on the Las Vegas Strip. The combination of CEC and Eldorado will also further solidify Caesars Rewards as the largest and most rewarding loyalty program in the industry with over 60 million members.

Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada that operates more than 50 properties.

The Blank Rome team was led by Stephen Schrier and included Holly L. Eicher, Michael J. Medveckus, Mark I. Rabinowitz, Bruce A. Eisenberg, Ashley N. Catalano-Leckerman, Jeremy N. Kolman, Lauren E. O’Donnell and Joel Charles Shapiro.

 

About Lawyer Monthly

Lawyer Monthly is a news website and monthly legal publication with content that is entirely defined by the significant legal news from around the world.