Caesars

Eldorado Resorts’ capital raising plans could be catalyst to finalize $17.3bn Caesars deal

Eldorado Resorts’ capital raising plans could be catalyst to finalize $17.3bn Caesars deal

NASDAQ-listed casino operator Eldorado Resorts’ recently announced plans to raise funds could be a catalyst to finalize its proposed $17.3 billion deal to takeover Caesars Entertainment Corporation, Wolfe Research analyst Jared Shojaian said.

Caesars Posts Wider Losses Due to Weakness in Atlantic City

Caesars-EntertainmentToday, Caesars Entertainment, the casino and resort giant based in Las Vegas reported its earnings for the second quarter.

The company reported wider losses for this quarter and attributed it to continual litheness in Atlantic City and regional markets where as the results remained strong for Las Vegas.