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Sunday, July 19, 2020

Another Huge Deal -- Covid-19? What Covid-19? This, Too, Shall Pass -- July 19, 2020


From Fox Business:
A $17.3 billion buyout creating the world’s biggest casino company won final approval Friday, with New Jersey gambling regulators agreeing to let Nevada-based Eldorado Resorts Inc. acquire Caesars Entertainment Corp.

It comes after an antitrust analyst had assured the New Jersey Casino Control Commission that the deal affecting four of the nine casino-resorts in Atlantic City would not concentrate too much of the local gambling economy in one company’s hands.

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