Eldorado Resorts is selling two regional casinos to Twin River Worldwide Holdings for $230m.
The move will help alleviate any antitrust concerns associated with the company’s pending $17.3bn acquisition of Caesars Entertainment.
Eldorado is selling Isle of Capri Casino Kansas City in Kansas City, Missouri, and Lady Luck Casino Vicksburg in Vicksburg, Mississippi. Combined, Eldorado and Caesars own 60 properties in 16 states.
Last month Eldorado CEO Thomas Reeg said the company would sell casinos in markets where federal antitrust concerns could be raised. Eldorado and Caesars both operate casinos in Missouri and Mississippi.
