Eldorado-Caesars merger facing key dates after Indiana Gaming approval

Eldorado Resorts' $17.3bn acquisition of Caesars Entertainment goes before the Indiana Horse Racing Commission (IHRC) on Monday and the New Jersey Casino Control Commission on Wednesday for its final regulatory approvals.

EldoradoCaesars

The key dates follow approval from the Indiana Gaming Commission (IGC), which was secured at the end of last week, with the Nevada Gaming Control Board (NGCB) also having given the deal the green light.

However, the IHRC expressed initial concerns about the merger recently, saying in a staff report it was "impossible" to offer "unqualified recommendation" for the approval of Eldorado's permit application.

The Commission staff said the operator is an “entity that is and has been clearly disinterested in horse racing industry since entering in 2014.”

However, it remains to be seen what the final judgement from the IHRC will be.

As far as the IGC and NGCB were concerned, the Eldorado-Caesars combination secured full approval.


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