June 26, 2020 / 1:24 PM / 9 days ago

Eldorado resorts must sell two casinos as part of Caesars merger -U.S. FTC

WASHINGTON, June 26 (Reuters) - U.S. regulators on Friday said Eldorado Resorts Inc must sell two of its properties as a condition of its merger with Caesars Entertainment Corporation to settle charges that the deal was anticompetitive.

Eldorado must sell its resort in the South Lake Tahoe area as well as a second casino in the Bossier City-Shreveport to Twin River Worldwide Holdings Inc, the Federal Trade Commission said in a statement.

Reporting by Susan Heavey

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