Bill Harrah opened a casino named after himself in Reno in 1937. Harrah’s went on to buy Caesars Entertainment decades later. 82 years after its beginning, Eldorado – right across the street from Harrah’s Reno – is buying Caesars, bringing the company back to the city where it began.
Eldorado and Caesars executives formally announced the merger today, a total $17.3 billion merger creating the largest US gaming entity.
Among the businesses acquired in the merger in the World Series of Poker that began in Reno in 1970, relocating to Las Vegas one year later.
We’ll have more on this later today, meanwhile here’s a look at the story.
Dan is the founder of PokerLiveUpdates, a veteran poker tournament reporter who can be found wandering somewhat aimlessly through tournament arenas worldwide. As a founding member of FunTour2.0, he searches for the best in craft beer at all locations in the poker world.
