The deal with Bally s was first detailed in April 2020 in a $155M joint deal that would also see the operator gain Louisiana’ Eldorado Shreveport Resort and Casino, which subsequently gained completion in December of last year. Shreveport had originally been included in the MontBleu deal with Maaverick Gaming. I want to thank the Team Members of MontBleu for all of their hard work and dedication throughout the years with the Caesars organization, particularly during the COVID-19 pandemic, said Tom Reeg, CEO of Caesars Entertainment, Inc. We wish all of them continued success under Bally s ownership.
Twin River Worldwide Holdings completed its name change to Bally’s Corporation this past November. They purchased the brand from Caesars Entertainment. Since then they have been rebranding the company. The deal between the two gaming companies allows Twin River to maintain the Bally’s name for the Atlantic City property the are purchasing from Caesars, and Caesars will have a