M&A

Bally’s completes purchase of MontBleu Casino from Caesars

| By Robert Fletcher
Bally’s Corporation has completed its previously announced acquisition of the MontBleu Resort Casino & Spa in Nevada from Caesars Entertainment.
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Located in Stateline, Nevada, the MontBleu facility features a land-based casino with 418 slot machines and 17 gaming tables, as well as a 438-room hotel and 14,000sq ft of convention, meeting and exhibition space.

The acquisition was agreed in April 2020, when Twin River Worldwide brokered a deal to purchase the casino from Eldorado Resorts.

Twin River Worldwide acquired the Bally’s brand from Caesars in October 2020, in a deal that saw it rename its business as Bally’s Corporation.

Eldorado acquired and merged with Caesars Entertainment Corporation in July last year, in a deal that created the largest casino and entertainment business in the US.

Read the full story on iGB North America.

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