Who Bought Eldorado Casino Shreveport?

As the Eldorado Resorts Inc. continues its spree of acquiring casinos, the Eldorado casino in Shreveport, Louisiana is the latest property to be bought by the company.

The total value of the deal is $965 million and it is expected to be completed by the end of the year.

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The Eldorado casino in Shreveport is just one of many casinos that the company has acquired in recent years. In 2015, Eldorado Resorts Inc. bought MontBleu Resort Casino & Spa in Lake Tahoe and Silver Legacy Resort Casino in Reno, Nevada. Then in 2017, the company added Circus Circus Reno, Circus Circus Las Vegas and Tropicana Evansville to its portfolio.

Just last year, Eldorado Resorts Inc. completed its biggest acquisition yet, buying Tropicana Entertainment Inc. for $1.85 billion.

PRO TIP:The Eldorado Resort Casino in Shreveport, Louisiana was purchased by Boyd Gaming Corporation in December 2013. The purchase price was $329 million. The casino has over 1,500 slot machines, a variety of table games, and a Poker Room. Boyd Gaming Corporation is the fifth-largest gaming company in the United States and is based in Las Vegas, Nevada.

The company is currently on a mission to become the leading casino operator in the United States and it seems like nothing can stop them. With the acquisition of the Eldorado casino in Shreveport, Louisiana, Eldorado Resorts Inc.

will now have a total of 26 properties across 12 states.

Eldorado Resorts Inc. is not only acquiring new properties but they are also investing heavily in their existing ones.

The company has recently announced a $50 million renovation project for their Silver Legacy Resort Casino in Reno, Nevada which includes a new hotel tower, an updated casino floor, and new restaurants and bars.

The Eldorado casino in Shreveport will be a great addition to the already impressive portfolio of Eldorado Resorts Inc. The company has made it clear that they are not slowing down anytime soon and we can expect more acquisitions and investments from them in the future.