![]() Milbank LLP represented Caesars Entertainment on the transaction. Gina Wilson works at Tropicana Evansville, which is a Gambling & Gaming company with an estimated 28 employees. The transaction is expected to close in mid-2021 and is subject to regulatory approvals and other customary closing conditions. Tropicana Evansville is part of the Gambling & Gaming industry, and located in Indiana, United States. "I want to thank all of our Evansville Team Members for their hard work and dedication, especially during the COVID-19 pandemic, and we wish them the best under Twin River's ownership," said Tom Reeg, CEO of Caesars Entertainment, Inc. Rebecca Daniels has been working as a Director, Convention Services at Tropicana Evansville for 26 years. Pursuant to the terms of an exchange agreement with Gaming and Leisure Properties, Caesars has agreed to add the real estate associated with Isle Casino Hotel Waterloo and Isle Casino Hotel Bettendorf to the GLPI Master Lease, giving us full ownership of Tropicana Evansville and the ability to sell it in whole. Tropicana Evansville Sold for for $480 MillionĬaesars Entertainment, Inc., (NASDAQ: CZR) yesterday announced a definitive agreement to sell Tropicana Evansville to Gaming and Leisure Properties and Twin River Worldwide Holdings for $480 million in cash, subject to a customary working capital adjustment.
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