The recent flurry of consolidation in the U.S. casino industry is continuing with Eldorado Resorts agreeing to buy Tropicana Entertainment for about $1.85 billion in cash.
MGM Resorts International and its joint venture partner agreed to sell its Grand Victoria Casino in Elgin, Illinois, to Eldorado Resorts for $327.5 million in cash.
Eldorado Resorts and MGM Resorts International announced that they have entered into an agreement for Eldorado to acquire MGM’s 50 percent interest in the Silver Legacy Resort Casino Reno, as well as all of the assets of Circus Circus Reno, for $72.5 million cash.