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Century Casinos Makes New Acquisitions
It has been a busy time for Century Casinos, one of the leading casino providers in Canada and North America. Indeed, news broke recently that the company has enjoyed an exciting new acquisition that could well be used to take the company’s growth further. Thecompany recently acquired Missouri-based Mountaineer Casino, Resort & Racetrack from Eldorado Resorts for around $107 million. This is a big move by the company, as they look to expand their brand across North America. Century Casinos opened Century Mile Casino and Racetrack in Alberta, back in April. This was a huge step for the company, and a great way of combining casino and gambling resources with the addition of horse racing as well. You can read all about this by checking out the news atOnline Casinos Canada. Now, there is speculation that this sale could be fueling a much larger purchasefor the company. In fact, this is something that turned out to be correct, as it was recently revealed that Eldorado Resorts Inc. agreed to buy Caesars Entertainment Corp. for a figure believed to be around $18 billion! It is clear that the business partnership with Century Casinos has allowed Eldorado Resorts to be able to make this purchase, and really position themselves as a major player in the American casino market.
Century Casinos Increases its Influence on the Casino World With Brand New Deal
The move is also a positive one for Century Casinos, as they are able to broaden their scope as a company, and make a name for themselves in the US as well as Canada. These are the sorts of deals that are the cornerstone of the gambling and casino industries in Canada. We rely on these developments in order to get the best possible outcome for the future of casino gaming across Canada. The agreement with Eldorado Resorts will seeCentury Casinos taking charge of three new casino, with Isle Casino Cape Girardeau, and Lady Luck Caruthersville being acquired in addition to Mountaineer Casino, Racetrack & Resort. These three casinos will allow Century to combine excellent gambling and gaming facilities, with popular racing tracks as well, and this gives greater scope to the number of customers that the casino might attract, and the level of interest punters will have in the establishments. There is a hope that the horse racing facilities here could well open more doors for sports betting, or, at the very least, may encourage Canada to have additional conversations regarding sports betting. It is important that this begins to become a greater part of the casino industry in Canada due to the amount of additional revenue this can generate for casinos, and for the economy in Canada as a whole. There are a lot of things to consider here, and it is important to understand the influence of Century Casinos as an important provider in North America.