{"id":139919,"date":"2020-06-26T08:59:03","date_gmt":"2020-06-26T15:59:03","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=139919"},"modified":"2020-06-26T14:37:45","modified_gmt":"2020-06-26T21:37:45","slug":"ftc-gives-approval-for-eldorado-17-3-billion-caesars-takeover","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/ftc-gives-approval-for-eldorado-17-3-billion-caesars-takeover\/","title":{"rendered":"Eldorado Wins FTC Approval for $17.3 Billion Caesars Deal, Multiple Divestments Required"},"content":{"rendered":"
The Federal Trade Commission (FTC) is signing off on Eldorado Resorts’ (NASDAQ:ERI) $17.3 billion takeover of Caesars Entertainment (NASDAQ:CZR). But the commission is requiring Eldorado to sell gaming properties in the South Lake Tahoe region of Nevada and the Bossier City-Shreveport area of Louisiana \u2014 something the operator is already doing \u2014 to deal with charges that the combined company would harm competitive balance in those markets.<\/p>\n