{"id":3413,"date":"2018-04-17T14:46:46","date_gmt":"2018-04-17T14:46:46","guid":{"rendered":"https:\/\/www.top10casinowebsites.net\/news\/?p=3413"},"modified":"2018-07-23T14:57:01","modified_gmt":"2018-07-23T14:57:01","slug":"eldorado-resorts-puchases-carl-icahns-tropicana-entertainment-casinos","status":"publish","type":"post","link":"https:\/\/www.top10casinowebsites.net\/news\/eldorado-resorts-puchases-carl-icahns-tropicana-entertainment-casinos\/","title":{"rendered":"Eldorado Resorts Puchases Carl Icahn’s Tropicana Casinos"},"content":{"rendered":"

\"\"Billionaire Carl Icahn<\/a> recently announced that he has decided to sell casino operator Tropicana Entertainment for $1.85 billion. The buyers are Eldorado Resorts Inc<\/a>. and Gaming and Leisure Properties Inc. who have teamed up to buy the casino operator. The acquisition will not include Tropicana's Aruba assets as these are set to be sold separately.<\/p>\n

Gaming and Leisure<\/strong> will be providing the bulk of the purchase amount as they will be putting down $1.21 billion. This will pay for a majority of Tropicana's casinos. Eldorado will pay the remaining $640 million of the purchase price<\/strong> and then be given the option to lease and operate these casino properties. With this acquisition, Eldorado will gain a bigger piece of the gambling market.<\/p>\n

Eldorado will be getting access to seven casinos across six states. Two of its new casinos will be in Nevada. This is the second deal in which Eldorado acquired new property in just 18 months. Eldorado had earlier purchased Isle of Capri Casinos Inc.<\/strong> in 2017 after paying out $1.1 billion.<\/p>\n

Tropicana Atlantic City<\/strong><\/p>\n

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