Pennsylvania approves Eldorado Ceasars deal

Home » Pennsylvania approves Eldorado Ceasars deal

Eldorado Resorts has received approval to complete its acquisition of Caesars Entertainment from another state regulatory body.

On Wednesday, the Reno-based casino operator announced that the Pennsylvania Gaming Control Board had approved its plan to merge with Caesars for $17.3bn. Eldorado has been given the OK from six other regulatory bodies over the last two months.

Eldorado and Caesars will need to gain approval from regulatory bodies from all 17 states in which the merged company will operate, including Nevada. It also will need approval from the Federal Trade Commission.

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