UPDATE 4-Eldorado Resorts takes on bigger rivals with $8.5 bln Caesars buy
June 24, 2019 at 14:43 PM EDT
U.S. casino operator Eldorado Resorts Inc has agreed to buy rival Caesars Entertainment Corp for about $8.5 billion in cash and stock, as it looks to build scale to take on larger companies such as Las Vegas Sands and Wynn Resorts.