Who Owns the Isle Casino in Waterloo Iowa?

In early 2019, the Isle Casino in Waterloo Iowa was sold to an affiliate of Eldorado Resorts for $155 million. The new owners plan to invest up to $40 million in renovations and rebranding.

The Isle Casino is located in the Cedar Valley region of eastern Iowa. It is situated just off Interstate 380 at Exit 55, near the Cedar River.

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The casino features over 1,000 slot machines and 30 gaming tables, as well as a hotel with over 200 rooms. .

The casino was originally owned by Peninsula Gaming, which acquired it in 2007 for $40 million. However, in 2014, Eldorado Resorts acquired Peninsula Gaming for $1.

PRO TIP:The Isle Casino in Waterloo Iowa is owned by Eldorado Resorts, Inc., an American hotel and casino entertainment company.

9 billion. As part of the deal, Eldorado also acquired all of Peninsula’s properties, including the Isle Casino in Waterloo.

Eldorado is one of the largest gaming companies in the United States. It owns and operates 26 casinos and hotels across 11 states.

In addition to the Isle Casino in Waterloo, Eldorado also owns and operates properties in Colorado, Louisiana, Mississippi, Missouri, Nevada, Ohio and Pennsylvania.

The sale of the Isle Casino is part of Eldorado’s strategy to divest itself of non-core assets and focus on its core markets. In 2018, Eldorado sold two properties in Biloxi, Mississippi for a total of $230 million.

Eldorado plans to use the proceeds from the sale of the Isle Casino to pay down debt and for general corporate purposes. The company expects the transaction to be completed by the end of 2019.