The new company again adopted the name Caesars Entertainment and manages casinos, cruise ships, and sportsbooks worldwide.Ĭaesars then acquired the venerable, 88-year-old William Hill British sports betting company for $3.7 billion in April, 2021. The new company adopted the name Caesars Entertainment Corporation.Ĥ00 miles north, the Eldorado Hotel opened for business in Reno, NV in 1973, and thirty-two years later, Eldorado Resorts acquired Caesars Entertainment Corporation, and its crown jewel, the Caesars Resort and Casino in Las Vegas, in July, 2020 for $18 billion in stock and cash. Harrah’s acquired Caesars in 2005 for $10.4 billion to expand its presence in Las Vegas. The company’s inception traces back to a bingo parlor founded by Bill Harrah’s in Nevada, 1937.
Caesars Entertainment followed a circuitous path to becoming a preeminent worldwide gaming brand.
