Eldorado Gets Final State Approval for Caesars Acquisition (1)

(Adds Eldorado CEO comment on deal close timing in 3rd bullet.)

• Eldorado Resorts’ planned purchase of Caesars Entertainment won approval from New Jersey’s Casino Control Commission, the final regulator needed for the deal to close.
• Deal was approved, according to webcast of the New Jersey meeting
• Tom Reeg, CEO of ERI, told CNBC in an interview that he’s aiming for the deal to close on Monday
• NOTE: July 13, Eldorado-Caesars Deal Approved by State Horse Racing Commission
  • July 8, Caesars Takeover by Eldorado Resorts Wins Nevada’s Approval

To contact the reporter on this story:
Joshua Fineman in New York ...