The company plans to shed several properties to satisfy antitrust concerns raised before approvals were granted by the Federal Trade Commission and regulators in Indiana and New Jersey. Reeg told Indiana regulators that casinos in Evansville and Elizabeth would likely be sold, with a sale of a casino in Hammond possible.
It will be one of the largest employers in Nevada. Icahn acquired a large block of Caesars shares after that company emerged from bankruptcy protection in late and pushed for the sale.
Eldorado founder Don Carano and his family developed a winemaking and casino empire that grew into 26 gambling properties and more than 18, employees in 12 states before the buyout. Carano died in Several family members remain in company executive ranks. Edit Close. Toggle navigation. Francisville St. No, GM says. Shreveport casino sale may clear way for Caesars-Eldorado merger.
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