Explore the world of Rosewood, a life of discovery that celebrates culture, community and place. The Rosewood collection includes some of the world’s most legendary hotels and resorts, including The Carlyle, A Rosewood Hotel in New York, Rosewood Mansion on Turtle Creek in Dallas and Hôtel de Crillon, A Rosewood Hotel in Paris, as well as new classics such as Rosewood Hong Kong and Rosewood Amsterdam. For those who wish to stay a little longer, Rosewood Residences offer a distinct opportunity for ownership or rent in extraordinary destinations within the brand’s remarkable collection.
For more information: rosewoodhotels.com
Connect with us: Instagram Facebook WeChat @RosewoodHotels
ELDORADO RESORTS COMPLETES ACCRETIVE CASH AND STOCK ACQUISITION OF ISLE OF CAPRI CASINOS
RENO, Nev. & ST. LOUIS--(BUSINESS WIRE)-- Eldorado Resorts, Inc. (NASDAQ: ERI) announced today that it completed its acquisition of Isle of Capri Casinos, Inc. (NASDAQ: ISLE) in a cash and stock transaction. The combination creates a premiere, diversified regional gaming platform with the addition of 12 casino–resorts to ERI's portfolio. The expanded property portfolio includes 19 properties in ten states featuring approximately 20,000 slot machines and VLTs, more than 550 table games and over 6,500 hotel rooms.
Gary Carano, Chairman and CEO of ERI, commented, “Our acquisition of Isle of Capri marks a significant milestone in Eldorado’s history of growth through strategic, accretive acquisitions. The combination significantly expands the scale of our gaming operations, further diversifies our geographic reach into new markets and minimizes market-specific risk.
“We are delighted to welcome the Isle shareholders and team members to the Eldorado family. We believe that Eldorado is positioned for continued growth with a portfolio of premiere regional gaming assets, a solid balance sheet and an attractive weighted average cost of capital. Our experience in integrating the MTR assets and Silver Legacy and Circus Circus operations will serve us well as we add the Isle of Capri assets to our operating base. We intend to implement our strategy of focusing on margin enhancement and customer service and experiences across the portfolio by marrying best practices from both companies. Led by our gaming, hotel management and food and beverage teams with a long-term record of operating execution and M&A integration, we believe that Eldorado Resorts is positioned for near- and long-term success and the creation of value for our shareholders.”
For more information, please visit www.eldoradoresorts.com.
Live a unique experience in an exclusive sustainable Sanctuary For The Senses in a AAA Five Diamond, Five star Forbes, luxury beach resort in Playa del Carmen, Riviera Maya. A blend of Asian hospitality with the idyllic passion of Mexico.
Get contact details of over 700M profiles across 60M
companies – all with industry-leading accuracy. Sales and Recruiter users, try out our
Email Finder Extension.
Find business and personal emails and mobile phone numbers
with exclusive coverage across niche job titles, industries, and more
for unparalleled targeting. Also
available via our
Contact Data API.