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It also provides us with access to an attractive Indiana gaming market in which we will look to significantly advance our mobile and online sportsbetting and iGaming initiatives.3 billion merger with Eldorado Resorts Incorporated, was one of the conditions set by Indiana regulators at the time of approving this July amalgamation.The Las Vegas-headquartered firm used a short Tuesday press release to declare that the disposal of the 338-room venue to the real estate investment trust (REIT) recently spun off from Penn National Gaming Incorporated is expected to close next year ‘subject to regulatory approvals and other customary closing conditions’ to see its footprint in the Indiana casino market reduced to four properties....

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The newly-enlarged entity nevertheless continues to be responsible for the Indiana Grand Racing and Casino, Horseshoe Hammond, Caesars Southern Indiana and Harrah’s Hoosier Park venues although it may subsequently look to offload more properties in ‘The Hoosier State’ so as to further assuage any anti-competition concerns.Regulatory requirement:The move from Caesars Entertainment Incorporated, which was previously known as Caesars Entertainment Corporation prior to its .Read a statement from Papanier…“This transaction is consistent with our core strategy of acquiring strategic gaming assets at attractive valuations and, importantly, represents the company’s entry into a tenth state....

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