“It’s really a level of property and brand that we have not had the great fortune to control and now we will.”Įldorado will pay $8.40 per share in cash and 0.0899 shares of Eldorado stock for each Caesars share, or $12.75 per share.

This is an iconic brand,” Eldorado CEO Tom Reeg said referring to Caesars Entertainment during a conference call. The deal - following pressure from activist investor Carl Icahn - is targeted to close in the first half of 2020 if approved by gambling regulators and shareholders. The acquisition would create a casino juggernaut about 60 casino-resorts in 16 states under a single name, Caesars, creating the largest gambling operator in the United States. Popular attractions, including Hippodrome Theatre, Gallery Mall and Fort McHenry, are nearby, too.Baltimore Sun eNewspaper Home Page Close MenuĬaesars Entertainment, the parent company of Horseshoe Casino Baltimore, has agreed to be acquired by Eldorado Resorts in a cash-and-stock deal valued at $17.3 billion, the companies announced Monday. Leisure travelers to Baltimore enjoy our Inner Harbor hotel's location near Baltimore National Aquarium, Baltimore Zoo and Maryland Science Center.

With a complimentary hot breakfast and WiFi throughout the hotel, along with our 24-hour fitness center and business center, over 1800 sq ft of meeting space and our seasonal outdoor pool we have everything you need for a productive meeting or relaxing stay. Our hotel's guests are also near Johns Hopkins and University of Maryland hospitals and colleges, as well as the University of Baltimore. Sports enthusiasts appreciate being just minutes from Camden Yards and M&T Stadium while corporate travelers are close to numerous Fortune 500 Companies that call Baltimore home. Our hotel's location ensures easy access to the best of Baltimore. Our hotel's facility is ideal for sports fans, tourists and business guests alike, as we are next door to the Horseshoe Casino, four blocks from the Ravens' M&T Bank Stadium, five blocks from Camden Yards home of the Baltimore Orioles, five minutes from Baltimore's Inner Harbor and six miles from the Baltimore/Washington International Airport (BWI).

Welcome to the Holiday Inn Express® Baltimore at the Stadiums.

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