The company vaulted over MGM Resorts International as the world's largest casino operation. The buyout also affects Caesars properties in the United Kingdom, Egypt, Canada, Dubai and a golf course in the Chinese gambling enclave of Macau. Reeg promised to welcome the combined company's tens of thousands of employees and to create value for stakeholders using 'strategic initiatives that will position the company for continued growth.' 'We are pleased to have completed this transformative merger,' Tom Reeg, former CEO of Eldorado Resorts and now CEO of Caesars Entertainment Inc. states, including eight resorts on the Las Vegas Strip. said the combined company will now own and operate more than 55 casino properties in 16 U.S. and will take the iconic company's name going forward as the largest casino owner in the world.Įldorado Resorts Inc. LAS VEGAS - A Nevada company that started in 1973 with a single hotel-casino in Reno announced Monday it has completed a $17.3 billion buyout of Caesars Entertainment Corp.

Harrahs buys indiana casino