NPR

Eldorado Resorts Buys Caesars For $17.3 Billion

Caesars Palace and other famous casinos will now be owned by Eldorado Resorts, in a deal the two companies announced on Monday. Here, Caesars Palace is seen hosting a food tasting event in Las Vegas last month.

Eldorado Resorts is buying Caesars Entertainment for $17.3 billion, in a cash-and-stock deal that the companies say will create the largest gambling company in the U.S.

To acquire the venerable Caesars name and properties, Eldorado will part with $7.2 billion in cash and around 77

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