Get 10% off all premium subscriptions plans with this new coupon code: NEWGI Subscribe

Caesars Entertainment and Acquisition units to merge

23rd December 2014 8:54 am GMT

Caesars Entertainment Corporation and Caesars Acquisition Company, a business established in 2013 which includes the operator’s iGaming and social casino assets, have agreed to merge in an all-stock transaction.

The combined entity will be one of the world’s largest gaming and entertainment companies with a combined market capitalisation of $3.2bn, based on each company’s closing share price on December 19th.

The new business will own eleven properties in Las Vegas including Caesars Palace, […]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login