Caesars Entertainment, Inc.

VICI Properties Inc. Provides $400 Million Mortgage Loan to Caesars Entertainment

Retrieved on: 
Friday, September 18, 2020

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced it has provided a $400 million mortgage loan to a subsidiary of Caesars Entertainment, Inc. (NASDAQ: CZR) (Caesars) that is secured by the Caesars Forum Convention Center in Las Vegas, in accordance with the previously announced letter of intent (the LOI) entered into on June 15, 2020.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced it has provided a $400 million mortgage loan to a subsidiary of Caesars Entertainment, Inc. (NASDAQ: CZR) (Caesars) that is secured by the Caesars Forum Convention Center in Las Vegas, in accordance with the previously announced letter of intent (the LOI) entered into on June 15, 2020.
  • The Caesars Forum Convention Center is subject to an amended Put/Call Agreement between Caesars and VICI, with VICIs call option being accelerated to 2025 in connection with the entry into the mortgage loan.
  • VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace.
  • Its properties are leased to industry leading gaming and hospitality operators, including Caesars, Century Casinos Inc., Hard Rock International, JACK Entertainment and Penn National Gaming.

Caesars Entertainment and VICI Properties Announce Sale of Harrah’s Louisiana Downs to Rubico Acquisition

Retrieved on: 
Thursday, September 3, 2020

Caesars Entertainment, Inc., (NASDAQ: CZR) (Caesars or CZR) and VICI Properties Inc. (NYSE: VICI) (VICI Properties or VICI) today announced definitive agreements to sell Harrahs Louisiana Downs Casino, Racing & Entertainment (Harrahs Louisiana Downs) to Rubico Acquisition Corp. for $22 million.

Key Points: 
  • Caesars Entertainment, Inc., (NASDAQ: CZR) (Caesars or CZR) and VICI Properties Inc. (NYSE: VICI) (VICI Properties or VICI) today announced definitive agreements to sell Harrahs Louisiana Downs Casino, Racing & Entertainment (Harrahs Louisiana Downs) to Rubico Acquisition Corp. for $22 million.
  • Caesars Entertainment, Inc. is the largest casino-entertainment company in the U.S. and one of the world's most diversified casino-entertainment providers.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.
  • VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace.

Caesars Entertainment, Inc. to Report 2020 Second Quarter Results on August 6, 2020

Retrieved on: 
Friday, July 24, 2020

RENO Nev. and LAS VEGAS, July 24, 2020 /PRNewswire/ --Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the second quarter 2020 after the market closes on Thursday, August 6, 2020.

Key Points: 
  • RENO Nev. and LAS VEGAS, July 24, 2020 /PRNewswire/ --Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the second quarter 2020 after the market closes on Thursday, August 6, 2020.
  • The call will be accessible on the Investor Relations section of Caesars Entertainment's website at https://investor.caesars.com .
  • Caesars Entertainment, Inc. is the largest casino-entertainment company in the U.S. and one of the world's most diversified casino-entertainment providers.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.

Eldorado Resorts Secures Approval From New Jersey Casino Control Commission in Connection With Its Pending Acquisition of Caesars Entertainment

Retrieved on: 
Friday, July 17, 2020

Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the New Jersey Casino Control Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to applicable conditions.

Key Points: 
  • Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the New Jersey Casino Control Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to applicable conditions.
  • Caesars Entertainment is one of the world's most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.
  • These forward-looking statements include, among others, statements regarding the timing and completion of the merger with Caesars Entertainment Corporation.

Eldorado Resorts Secures Approval From Indiana Horse Racing Commission in Connection With Its Pending Acquisition of Caesars Entertainment

Retrieved on: 
Monday, July 13, 2020

Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the Indiana Horse Racing Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to applicable conditions.

Key Points: 
  • Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the Indiana Horse Racing Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to applicable conditions.
  • Caesars Entertainment is one of the world's most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.
  • These forward-looking statements include, among others, statements regarding the timing and completion of the merger with Caesars Entertainment Corporation.

Eldorado Resorts Secures Approval from Indiana Gaming Commission in Connection with Its Pending Acquisition of Caesars Entertainment

Retrieved on: 
Friday, July 10, 2020

Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the Indiana Gaming Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to applicable conditions.

Key Points: 
  • Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the Indiana Gaming Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to applicable conditions.
  • Caesars Entertainment is one of the world's most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.
  • These forward-looking statements include, among others, statements regarding the timing and completion of the merger with Caesars Entertainment Corporation.

Eldorado Resorts Secures Approval From Nevada Gaming Control Board and Nevada Gaming Commission in Connection With Its Pending Acquisition of Caesars Entertainment

Retrieved on: 
Wednesday, July 8, 2020

Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the Nevada Gaming Control Board and the Nevada Gaming Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to customary conditions.

Key Points: 
  • Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the Nevada Gaming Control Board and the Nevada Gaming Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to customary conditions.
  • Caesars Entertainment is one of the world's most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.
  • These forward-looking statements include, among others, statements regarding the timing and completion of the merger with Caesars Entertainment Corporation.

Caesars Entertainment Corporation to Report 2020 First Quarter Results on May 11, 2020

Retrieved on: 
Monday, April 27, 2020

LAS VEGAS, April 27, 2020 /PRNewswire/ --Caesars Entertainment Corporation (NASDAQ: CZR) will release its financial results for the first quarter 2020 after the market closes on Monday, May 11, 2020.

Key Points: 
  • LAS VEGAS, April 27, 2020 /PRNewswire/ --Caesars Entertainment Corporation (NASDAQ: CZR) will release its financial results for the first quarter 2020 after the market closes on Monday, May 11, 2020.
  • Caesars Entertainment is one of the world's most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.
  • Caesars Entertainment's portfolio also includes the Caesars Entertainment UK family of casinos.

Caesars Entertainment Announces Temporary Shutdown of Network of Properties

Retrieved on: 
Wednesday, March 18, 2020

LAS VEGAS, March 17, 2020 /PRNewswire/ --Caesars Entertainment Corporation (NASDAQ:CZR) ("Caesars", "Caesars Entertainment" or the "Company") today announced that it will temporarily shut down its owned properties in North America, consistent with directives from various government bodies.

Key Points: 
  • LAS VEGAS, March 17, 2020 /PRNewswire/ --Caesars Entertainment Corporation (NASDAQ:CZR) ("Caesars", "Caesars Entertainment" or the "Company") today announced that it will temporarily shut down its owned properties in North America, consistent with directives from various government bodies.
  • An update on property closures throughout the Caesars network can be found at https://www.caesars.com/corporate/newsroom/press-releases .
  • Caesars Entertainment is one of the world's most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.

Eldorado Resorts Secures Approval From Mississippi Gaming Commission in Connection With Its Pending Acquisition of Caesars Entertainment

Retrieved on: 
Thursday, February 20, 2020

Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the Mississippi Gaming Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to customary conditions.

Key Points: 
  • Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the Mississippi Gaming Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to customary conditions.
  • Eldorado Resorts is a leading casino entertainment company that owns and operates twenty-three properties in eleven states, including Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, New Jersey, and Ohio.
  • Since its beginning in Reno, Nevada, in 1937, Caesars has grown through development of new resorts, expansions and acquisitions.
  • Caesars resorts operate primarily under the Caesars, Harrahs and Horseshoe brand names.