Caesars Entertainment's resorts operate primarily under the Caesars®, Harrah's®, Horseshoe® and Eldorado® brand names. 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. (NASDAQ: CZR) is the largest casino-entertainment company in the U.S.

Macquarie Capital and Milbank LLP represented Caesars Entertainment on the transaction.Ĭaesars Entertainment, Inc. The transaction is expected to close in mid-2021 and is subject to regulatory approvals and other customary closing conditions. 'We wish them the best under Casino Queen's ownership.' 'I want to thank all of our Baton Rouge Team Members for their hard work and dedication, especially during the COVID-19 pandemic,' said Tom Reeg, CEO of Caesars Entertainment, Inc.

Pursuant to the terms of the amended lease agreement with Gaming and Leisure Properties, Baton Rouge will be removed from the GLPI Master Lease, and the rent payments to GLPI will remain unchanged. GLPI will retain ownership of the real estate of Belle of Baton Rouge.

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