Eldorado Resorts is in the process of acquiring Caesars Entertainment for $17.3 billion. Once complete, the combined unit will be the largest gaming operator in the US. Eldorado CEO Tom Reeg told investors after the landmark deal that some casinos will likely be sold before the takeover is complete \u2013 which is expected to close sometime in the first half of next year.<\/p>\n
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The gaming executive didn’t specify which Caesars or Eldorado casinos might go up for sale. But the company unloaded its Mountaineer Casino Racetrack and Resort in West Virginia, and its Missouri Isle Casino Cape Girardeau and Lady Luck casinos in June.<\/p>\n<\/div>\n
Harrah’s New Orleans likely isn’t on the short list of other potential casinos Reeg might want to sell.<\/p>\n
“Harrah’s was identified as one of the top properties in the Caesar’s portfolio, so I’m sure the successor owner will be just as committed,” Louisiana Gaming Control Board Chair Ronnie Jones said.<\/p>\n","protected":false},"excerpt":{"rendered":"
August was a strong month for Harrah’s New Orleans and Louisiana’s 15 riverboat casinos, as gross gaming revenue (GGR) was up across the state. Harrah’s, the state’s only land-based casino, reported a GGR increase of 1.8 percent to $50.5 million. That’s a $900,000 premium on the same month in 2018. The 15 riverboat casinos saw […]<\/p>\n","protected":false},"author":25,"featured_media":115327,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[],"acf":[],"yoast_head":"\n
Harrah's New Orleans Casino Reports August Gaming Revenue Increase<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n