Ownership will be split between Eldorado and Caesars shareholders, 51% to 49% respectively. In late June, Reno-based Eldorado Resorts announced it would be purchasing Caesars in a mega merger valued at $17.3 billion. With three of them being held by Eldorado, I don't see they'll see major improvements if they don't get sold again.'īennett was the keynote speaker at the 27th annual Critical Issues Conference at the Carson Valley Inn in Minden. “I think you're going to see two of those properties being sold again,” she said on Thursday, Sept.
Harveys, Harrah's and Montbleu were all involved in the merger, which Diana Bennett, Paragon Gaming Chairwoman of the Board, said might result in further property sales. One of the owners of the Hard Rock Hotel & Casino said last week she wouldn't be surprised if two of the three Stateline properties involved in the recent Caesars-Eldorado Resorts merger sell in the near future.
