Caesars Entertainment and VICI Properties Announce Sale of Harrah’s Louisiana Downs to Rubico Acquisition
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Thursday, September 3, 2020
REIT, Casino, Gaming, Commercial Building & Real Estate, Entertainment, Construction & Property, Gambling, Companies, Entertainment, Caesars Entertainment Corporation, Vici Properties, Louisiana Downs, Caesars Entertainment, Inc., Caesars Palace, Eldorado Resorts, Harrah's Metropolis, Caesars Entertainment, Inc., VICI Properties Inc.
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.