RENO, Nev. and LAS VEGAS, April 7, 2021 /PRNewswire/ — Caesars Entertainment, Inc. (NASDAQ: ) (“Caesars”) today announced the closing of the sale of MontBleu Resort Casino & Spa to Bally’s Corporation. The closing satisfies Caesars’ agreement with the Federal Trade Commission to divest the asset in connection with the Caesars-Eldorado merger, which closed in July 2020.

“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.”

Macquarie Capital and Milbank LLP represented Caesars Entertainment on the transaction.       

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