Louisiana casinos look to rebound after year of pandemic shutdowns and restrictions brproud.com 4d SHREVEPORT, La. (KTAL/KMSS) – The coronavirus pandemic continues to take its toll on the gaming industry and local economies across Louisiana, but there is hope that things will begin to turn around in the coming year. Casino Sales, Latest Casino and Gambling News, Casino News, Economy/Finance, Louisiana In Louisiana, a new study from Spectrum Gaming Group has reportedly determined that a pair of under-performing riverboat casinos located near the city of Shreveport.
© Provided by Shreveport KSLA-TV KSLAThe Eldorado Resort and Casino in Shreveport is being sold to a Rhode Island-based company as part of $155 million three-casino deal that could remove a potential obstacle to the ongoing merger of. HOME News Eldorado Offloads Shreveport Casino to Maverick Gaming January 14, 2020, 8:58 am Casino operator Eldorado Resorts has agreed to sell its Eldorado Resort Casino in Shreveport, Louisiana to Maverick Gaming as the Reno, Nevada-based company prepares for a $17.3 billion tie-up with rival Caesars Entertainment Corp.
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SHREVEPORT, La. (KSLA) - Eldorado Resort Casino Shreveport has a new owner.
Bally’s Corporation purchased the casino from Caesars Entertainment, Inc. for $140 million on Wednesday, Dec. 23.
“Eldorado Shreveport represents the latest step in our ongoing portfolio diversification strategy, expanding our rapidly growing geographic footprint into the attractive Shreveport/Bossier City market,” said George Papanier, President and Chief Executive Officer of Bally’s Corporation.
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Eldorado Resort Casino Shreveport has 1,401 slots, 54 tables and 403 hotel rooms.
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“Eldorado Shreveport is a first-class, premier entertainment asset that is emblematic of the iconic Bally’s brand. With the close of this transaction, we are looking forward to integrating Eldorado Shreveport into the Bally’s family, and implementing our proven strategic initiatives to drive growth and revenue improvements,” said Papanier.
Bally’s Corporation currently owns and manages 11 casinos in seven states.
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