Eldorado Resorts buying Isle of Capri casinos for $1.7B - KWWL - Eastern Iowa Breaking News, Weather, Closings

Eldorado Resorts buying Isle of Capri casinos for $1.7B

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(NBC) -

Gaming company Eldorado Resorts will be buying rival Isle of Capri casinos for a $1.7 billion, including debt. 
The deal includes Isle of Capri's $929 million of long-tern debt.
"The combination builds the scale of our gaming operations and further diversifies the geographic reach of our operations without any overlap with our existing properties," Eldorado Resorts Chief Executive Gary Carano said in a statement.
There are Iowa Isle Casinos in Waterloo, Marquette and Bettendorf.

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