Casino News Shreveport
SHREVEPORT, La.- Hundreds of jobs are expected to be lost at four Shreveport-Bossier casinos. The Louisiana Workforce Commission put Sams Town, Diamond Jacks, Horseshoe, and Harrahs Louisiana on. CASINO CHANGES According to the most current information we have, the gaming floor at all Shreveport-Bossier casinos and the racino have reopened with the exception of DiamondJacks Casino and Hotel, which has permanently closed. Many of the shops, restaurants, spas, etc., at the casinos remain closed. And LAS VEGAS, Dec. 23, 2020 /PRNewswire/ - Caesars Entertainment, Inc. (NASDAQ: CZR) ('Caesars' or 'CZR') today announced the closing of the sale of Eldorado Resort Casino Shreveport. Eldorado Resort Casino Shreveport is located in Shreveport, Louisiana, and is situated right on the banks of the Red River. This premier property includes 1,401 slots, 54 tables and 403 hotel rooms.
SHREVEPORT, La. (KSLA) - Eldorado Resort Casino Shreveport has a new owner.
Bally’s Corporation purchased the casino from Caesars Entertainment, Inc. for $140 million on Wednesday, Dec. 23.
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“Eldorado Shreveport represents the latest step in our ongoing portfolio diversification strategy, expanding our rapidly growing geographic footprint into the attractive Shreveport/Bossier City market,” said George Papanier, President and Chief Executive Officer of Bally’s Corporation.
Eldorado Resort Casino Shreveport has 1,401 slots, 54 tables and 403 hotel rooms.
“Eldorado Shreveport is a first-class, premier entertainment asset that is emblematic of the iconic Bally’s brand. With the close of this transaction, we are looking forward to integrating Eldorado Shreveport into the Bally’s family, and implementing our proven strategic initiatives to drive growth and revenue improvements,” said Papanier.
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Bally’s Corporation currently owns and manages 11 casinos in seven states.
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