Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions. and one of the world's most diversified casino-entertainment providers. The annual base rent payments under the Regional Master Lease between Caesars and VICI will remain unchanged.Ĭaesars Entertainment is the largest casino-entertainment company in the U.S. The proceeds of the transaction were split $5.5 million to VICI and $16.5 million to Caesars subject to customary adjustments for cash and net working capital. (NYSE:VICI) (“VICI Properties” or “VICI”) today announced they have completed the previously disclosed transaction to sell Harrah’s Louisiana Downs Casino, Racing & Entertainment (“Harrah’s Louisiana Downs”) to Rubico Acquisition Corp. ![]() ![]() (NASDAQ: CZR) (“Caesars Entertainment” or “Caesars”) and VICI Properties Inc.
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