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The merger raised antitrust concerns because Penn National, which already owned Casino Rouge, would gain a monopoly on casinos in Baton Rouge. [51] In order to expedite approval for the merger from federal and state regulators, Penn National put the Argosy Baton Rouge up for sale. [52] Columbia Sussex agreed to buy the property for $150 million ...
Formerly Argosy Casino. Boomtown Bossier City: Bossier City: ... Closed; Re-opening 2024. [2] Evangeline Downs: ... Formerly Hollywood Casino Baton Rouge. River City ...
[2] [3] The merger raised antitrust concerns because Penn National, which already owned Casino Rouge, would gain a monopoly on casinos in Baton Rouge. [4] In order to expedite approval for the merger from federal and state regulators, Penn National put the Argosy Baton Rouge up for sale. [5] Columbia Sussex agreed to buy the property for $150 ...
List of casinos in United States territories; Casino City Area Territory District Type Comments Tinian Dynasty Hotel & Casino: San Jose: Northern Mariana Islands: Tinian: Land-based
The company planned to rebrand its other properties under the Hollywood Casino name. [34] In 2005, Penn National acquired Argosy Gaming Company for $1.4 billion plus $791 million in assumed debt, adding five casinos and one horse track to its portfolio (not including the Argosy Baton Rouge, which was quickly sold to satisfy antitrust concerns).
Columbia bought the Argosy Casino riverboat in Baton Rouge, Louisiana from Penn National Gaming in October 2005 for $150 million and renamed it as the Belle of Baton Rouge. [23] [24] The sale assuaged FTC antitrust concerns about Penn's acquisition of Argosy Gaming, which would have resulted in the company owning the only two casinos in the ...
Belle of Baton Rouge – Baton Rouge, Louisiana [61] Caesars Southern Indiana – Elizabeth, Indiana; Eldorado Shreveport – Shreveport, Louisiana [62] Harrah's Louisiana Downs – Bossier City, Louisiana [63] Isle Casino Cape Girardeau – Cape Girardeau, Missouri; Isle of Capri Casino Kansas City – Kansas City, Missouri
In 2021, GLPI sold the operations of its two owned-and-operated casinos for a total of $59 million, to focus on its core business of real estate. [28] The operating business of Hollywood Casino Perryville was sold to Penn National, while that of Hollywood Casino Baton Rouge was sold to Casino Queen. [29] [30]
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