Milbank LLP advised leading casino entertainment company Eldorado Resorts Inc. (“Eldorado”) on its acquisition of Las Vegas-based Caesars Entertainment Corp. (“Caesars”). The merger creates the largest casino and entertainment company in the US with more than 55 casino resorts and gaming facilities located across 16 states and several other countries, including an iconic portfolio of eight casino hotel properties on the Las Vegas Strip. The newly combined company retains the Caesars name and will continue to trade on the Nasdaq Global Select Market.
The Milbank team was led by Los Angeles Global Corporate partners Deborah Conrad and Jason Anderson with associates Natalie Chitayat, Maggie Chou, Avni Mehta and Alexandra Singer; Antitrust partner Fiona Schaeffer with associate Hannah Cho; Tax partners Russell Kestenbaum and Max Goodman with associates Archan Hazra and Nicholas DeLuca; and Executive Compensation & Employee Benefits partner Mike Shah with associates Kelly Bartley and Jon Sorger.
