Caesars Entertainment sells Harrah's Louisiana Downs

Language: English Location: Currency: > edit my preferences Home Online Slots Live Dealer Games Online Casinos Online Poker Online Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Exclusive Bonuses Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions		Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW! View the current issue Related Links Caesars Entertainment Ownership Details Harrah's Louisiana Downs Details Related News Grace named Senior Vice President and General Manager of Tropicana Atlantic City William Hill launches mobile sports betting in Illinois ESPN enters into co-exclusive agreements with Caesars Entertainment and DraftKings
	Caesars Entertainment sells Harrah's Louisiana Downs 3 Sep 2020 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> (PRESS RELEASE) -- Caesars Entertainment, Inc., and VICI Properties Inc. today announced definitive agreements to sell Harrah's Louisiana Downs Casino, Racing & Entertainment to Rubico Acquisition Corp. for $22.0 million. The proceeds of the transactions shall be split $5.5 million to VICI Properties and $16.5 million to Caesars subject to customary adjustments for cash and net working capital. The annual base rent payments under the Regional Master Lease between Caesars and VICI will remain unchanged. The transactions are expected to close at the end of 2020 or early 2021, and are subject to regulatory approvals and other closing conditions.

About Us | Advertising | Publications | Land Casinos

Casino City is an independent directory and information service free of any gaming operator's control. Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players. YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located. Please gamble responsibly.

Related Links

Related News

Caesars Entertainment sells Harrah's Louisiana Downs