Bally’s Corporation: Completes Acquisition of Eldorado Resort Casino Shreveport, for $140M

Bally’s Corporation (NYSE: BALY) completed the previously announced acquisition of Eldorado Resort Casino Shreveport from Caesars Entertainment, Inc.
The total purchase price of the acquisition $140m, funded with cash and available borrowings under the company’s revolving credit facility
Eldorado Resort Casino Shreveport is located in Shreveport, Louisiana, and is situated right on the banks of the Red River
This premier property also includes 1,401 slots, 54 tables and 403 hotel rooms. Bally’s will now integrate Eldorado Shreveport into its brand family
The deal follows the acquisition of Bet.Works, a U.S. based, sports betting platform provider to operators in New Jersey, Iowa, Indiana and Colorado, for $125m
With more than 5,900 employees, the company’s operations include 13,260 slot machines, 459 game tables and 2,941 hotel room