11/15/2023 0 Comments Harrah's louisiana casinoSince its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions. and one of the world's most diversified casino-entertainment providers. The annual base rent payments under the Regional Master Lease between Caesars and VICI will remain unchanged.Ĭaesars Entertainment is the largest casino-entertainment company in the U.S. The proceeds of the transaction were split $5.5 million to VICI and $16.5 million to Caesars subject to customary adjustments for cash and net working capital. (NYSE:VICI) (“VICI Properties” or “VICI”) today announced they have completed the previously disclosed transaction to sell Harrah’s Louisiana Downs Casino, Racing & Entertainment (“Harrah’s Louisiana Downs”) to Rubico Acquisition Corp. (NASDAQ: CZR) (“Caesars Entertainment” or “Caesars”) and VICI Properties Inc.
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