M&A Deal Summary

Caesars Entertainment Acquires Scioto Downs

On December 1, 2002, Caesars Entertainment acquired leisure company Scioto Downs

Acquisition Highlights
  • This is Caesars Entertainment’s 1st transaction in the Leisure sector.
  • This is Caesars Entertainment’s 1st transaction in the United States.
  • This is Caesars Entertainment’s 1st transaction in Ohio.

M&A Deal Summary
Date 2002-12-01
Target Scioto Downs
Sector Leisure
Buyer(s) Caesars Entertainment
Deal Type Add-on Acquisition

Target

Scioto Downs

Columbus, Ohio, United States
Scioto Downs, Inc. providing the exhilaration of live harness racing to the Columbus community.

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Buyer(S) 1

Buyer

Caesars Entertainment

Reno, Nevada, United States
Category Company
Founded 1937
Sector Leisure
Employees51,000
Revenue 11.5B USD (2023)
DESCRIPTION

Caesars Entertainment is a casino entertainment company that owns and operates twenty-six properties in twelve states, including Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, New Jersey, and Ohio. In aggregate, Eldorado’s properties feature approximately 23,000 slot machines and VLTs and approximately 650 table games, and over 12,000 hotel rooms. Caesars Entertainment was incorporated in 1937 and is headquartered in Reno, Nevada.

DEAL STATS #
Overall 1 of 6
Sector (Leisure) 1 of 2
Type (Add-on Acquisition) 1 of 5
State (Ohio) 1 of 1
Country (United States) 1 of 4
Year (2002) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-19 Isle of Capri Casinos

St. Louis, Montana, United States

Isle of Capri Casinos, Inc. is a regional gaming and entertainment company dedicated to providing guests with an exceptional experience at each of the 14 casino properties that it owns or operates, primarily under the Isle and Lady Luck brands.

Buy $1.7B
Mergr

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