New Jersey Regulators Set Conditions For Eldorado To Acquire Caesars

  • New Jersey¬†regulators recommend no Atlantic City casino closures for five years once deal complete
  • Eldorado sets aside $400m in Atlantic City investment funds as a condition of approval
  • Carl Icahn to be largest shareholder with 10 percent stake in new Caesars Entertainment

Before New Jersey gaming regulators decide the fate of Eldorado Resorts acquisition of Caesars Entertainment, executives with Eldorado agreed on Wednesday to adhere to several regulatory conditions.

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