It’s been a crazy month for sports betting in America. Caesars Entertainment was brokering deals after being purchased by Eldorado Resorts. The biggest being their acquisition of William Hill. Their CEO, Tom Reeg, recently spoke to CNBC about the legalization of sports betting in this country, and how it’s one of the biggest growth opportunities for gaming in twenty years. “This is an enormous opportunity. I’d liken it to when states outside of Nevada and New Jersey started to legalize riverboat casinos in the ’90s,” Reeg said. “We think there’s a lot of money to be made here over time,…

Following a year long process with regulators in different jurisdictions, the merger between Caesars Entertainment and Eldorado Resorts is finally complete! And together they have created the largest gambling company in the world! We also cover news from Atlantic City and review a new casino skill game.   New Jersey gaming regulators gave the final approval Friday for a $17.3 billion merger of Eldorado Resorts and Caesars Entertainment, clearing the way for a deal that will create the world’s biggest gambling company. The New Jersey Casino Control Commission voted 2-0 in favor of the proposal, which for the time being…

It took a while to get regulators to sign off on the idea, but now that the ink is dry the merger between Caesars Entertainment and Eldorado Resorts has created the worlds largest gaming company. Nevada gambling regulators approved the buyout last week, followed by Indiana casino and horse racing authorities. Eldorado agreed to sell three of its five casinos in Indiana. Executives also have floated plans to sell at least one Las Vegas Strip property. New Jersey gaming regulators gave the final approval Friday for a $17.3 billion merger, and Eldorado is expected to close the deal in coming…

Nearly a half-century after Eldorado Resorts opened their first property in Reno, they have become the talk of the gambling industry. They reached an agreement to purchase Caesars Entertainment, assuming the $17.3 billion deal gets the necessary regulatory and shareholder approval. And now, Eldorado, which only went public in 2014, is poised to become the largest gambling company in the country. It will grow from 26 properties and 18,000 employees to 81 properties and about 81,000 employees. While Eldorado shareholders will own a majority of the combined company — about 51% — the merged company will bear the Caesars name. The…