M&A Deal Summary

Century Casinos Acquires Eldorado Resorts - Three Casinos Operations

On June 17, 2019, Century Casinos acquired leisure company Eldorado Resorts - Three Casinos Operations from Caesars Entertainment for 107M USD

Acquisition Highlights
  • This is Century Casinos’ 1st transaction in the Leisure sector.
  • This is Century Casinos’ largest (disclosed) transaction.
  • This is Century Casinos’ 1st transaction in the United States.
  • This is Century Casinos’ 1st transaction in Nevada.

M&A Deal Summary
Date 2019-06-17
Target Eldorado Resorts - Three Casinos Operations
Sector Leisure
Buyer(s) Century Casinos
Sellers(s) Caesars Entertainment
Deal Type Divestiture
Deal Value 107M USD

Target

Eldorado Resorts - Three Casinos Operations

Nevada, United States
Eldorado Resorts, Inc. - Three Casinos Operations include operating Mountaineer Casino Racetrack and Resort in New Cumberland, WV; Isle Casino Cape Girardeau in Cape Girardeau, MO; and Lady Luck Casino Caruthersville in Caruthersville, MO.

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Buyer(S) 1

Buyer

Century Casinos

Colorado Springs, Colorado, United States
Category Company
Founded 1992
Sector Gaming
Employees3,243
Revenue 550M USD (2023)
DESCRIPTION

Century Casinos is a casino entertainment company focused on developing and operating gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities. Century Casinos was incorporated in 1992 and is headquartered in Colorado Springs, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Divestiture) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

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 2 of 6
Sector (Leisure) 1 of 5
Type (Divestiture) 2 of 5
State (Nevada) 1 of 2
Country (United States) 2 of 6
Year (2019) 2 of 2
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-17 Eldorado Resorts - Three Properties Land & Real Estate Assets

New York, New York, United States

Eldorado Resorts, Inc. - Three Properties Land & Real Estate Assets provides real estate services.

Sell $278M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-24 Caesars Entertainment

Las Vegas, Nevada, United States

Caesars Entertainment is a diversified casino entertainment provider with casinos and resorts in the US, South America, Europe, and the Middle East. In addition to casinos, Caesars' facilities typically include hotel and convention space, restaurants, and non-gaming entertainment facilities. Caesars Entertainment Corp. was established in 1937 and is headquartered in Las Vegas, Nevada.

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