In 2008, the Eldorado Casino in Shreveport, Louisiana was purchased by a group of investors led by Donnie Moore and George Patel. The total purchase price was $72 million.
The new owners have plans to invest an additional $30 million into the property over the next few years.
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The Eldorado Casino is one of the largest casinos in the state of Louisiana. It is located on the Red River in downtown Shreveport.
The casino has over 1,500 slot machines, 60 table games, and a poker room. It also has a hotel with over 500 rooms.
The Eldorado Casino was originally built in 1994. It was owned by Pinnacle Entertainment until 2008 when it was sold to the current owners.
PRO TIP:The Eldorado Resort Casino in Reno, Nevada was purchased by Caesars Entertainment Corporation in June 2019. The acquisition was made for the total amount of $17.3 billion and included other properties such as Circus Circus and Tropicana Las Vegas. This purchase marks the largest gaming industry transaction in history.
Pinnacle Entertainment is a gaming and entertainment company that owns and operates casinos and racetracks around the United States.
The new owners of the Eldorado Casino are Donnie Moore and George Patel. Moore is a Louisiana native and has been involved in the casino industry for over 20 years.
Patel is a businessman from New York who has been involved in the hospitality industry for over 30 years.
The two men have plans to invest an additional $30 million into the property over the next few years. They plan on adding more hotel rooms, restaurants, and entertainment options to the casino.
They also plan on renovating the existing hotel rooms and casino floor.
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The Eldorado Casino is a family-owned business that has been in operation for over 40 years. The casino is located in Reno, Nevada and is one of the largest casinos in the state. The Eldorado Casino is owned by the Fertitta family, who also owns the Golden Nugget Casino in Las Vegas.
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