July 20, 2020
FILE - In this April 1, 2015, file photo, is an entrance to the Caesars casino in Atlantic City, N.J. New Jersey gambling regulators began Wednesday, July 15, 2020, to consider Nevada-based Eldorado Resorts Inc.'s plan to buy Caesars Entertainment Corp. in a sweeping $17.3 billion deal affecting four of nine casino properties in Atlantic City. (AP Photo/Wayne Parry, File)
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. and will take the iconic company's name going forward as the largest casino owner in the world. Eldorado Resorts Inc. said the combined company will now own and operate more than 55 casino properties in 16 U.S. states, including eight resorts on the Las Vegas Strip.