Eldorado Resorts Buys Caesars Entertainment

Originally posted by: Boilerman

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I'm guessing that Trump regulators consider "entertainment" in a broad sense, which I believe is correct.  With that in mind, I don't believe that the SEC will require any sales of Vegas properties.  I do expect Vegas property sales, however, but I don't expect mandates.

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Originally posted by: Bob Orme

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I was thinking about the Nevada Gaming Commission. There wouldn't need to be a mandate if the merging parties offered it up on their own before the merger was approved. 

 

Earlier today I read that Phil Ruffin, the owner of Treasure Island, is interested in buying a Caesars property, the "right Caesars property", what ever that means...

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Originally posted by: tom

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Speculation here is that Bally's AC will close as it has the lowest revenue in AC.

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Originally posted by: PJ Stroh

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I almost think they bought Caesers for their outside-Vegas properties which is where El-D is making its name. 

Competition isn't so fierce in the other 49 states.  Most  cities only have 1 or 2 casinos with governments making it difficult to gain permits for more than that.

 

I wouldn't be surprised to see the Vegas properties go back up for sale in the not too distant future.

 

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