Reeg told Indiana regulators that casinos in Evansville and Elizabeth would likely be sold, with a sale of a casino in Hammond possible. That will leave Caesars Entertainment with three of nine casinos in Atlantic City: Caesars, Harrah’s and the Tropicana.Įxecutives promised federal regulators the company will sell sites in Kansas City, Missouri outh Lake Tahoe, California and Shreveport, Louisiana. The New Jersey Casino Control Commission approved the deal Friday, after the combined company announced plans to sell Bally’s Atlantic City. He said that the company was “in a great financial position as Caesars going forward from here” and will reduce debt. will likely be sold, said Anthony Carano, the combined company’s president and chief operating officer.Ĭarano acknowledged Caesars now carries $13 billion in debt and has billions in additional obligations to VICI Properties and another real estate investment trust, Gaming and Leisure Properties Inc.
Baltimore Sun eNewspaper Home Page Close MenuĪnd properties outside the U.S.