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16 tables
3570 S. LVB
702-731-7110
1 3 NLH $100-300. $2/hr comp
8:49 am Sat Nov 23
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Las Vegas Sun <email address not displayed>
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Las Vegas Sun wrote on the message board: > A Nevada company that started in 1973 with a single hotel-casino in > Reno announced Monday it has completed a $17.3 billion buyout of > Caesars Entertainment Corp. and will take the iconic company’s name > going forward as the largest casino owner in the world. > > > Eldorado Resorts Inc. said the combined company will now own and > operate more than 55 casino properties in 16 U.S. states, including > eight resorts on the Las Vegas Strip. > > “We are pleased to have completed this transformative merger,” Tom > Reeg, former CEO of Eldorado Resorts and now CEO of Caesars > Entertainment Inc. said in a statement. > > Reeg promised to welcome the combined company's tens of thousands of > employees and to create value for stakeholders using “strategic > initiatives that will position the company for continued growth.” > > The buyout also affects Caesars properties in the United Kingdom, > Egypt, Canada, Dubai and a golf course in the Chinese gambling enclave > of Macau. The company vaulted over MGM Resorts International as the > world's largest casino operation. > > Trading under the Caesars stock symbol, CZR, will begin Tuesday, said > Anthony Carano, company president and chief operating officer
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