Eldorado Casino Refused to buy Casino Aztar in Evansville

November 24th, 2008

Due to the difficulty in getting finance, a Nevada Company, Eldorado Resorts LLC of Reno has refused to buy Casino Aztar in Evansville. Along with the Ohio River, the company has got decided to purchase the casino From Tropicana Entertainment, in March, worth $245 million.

The deal has been affected after the Tropicana’s pronouncement of casino bankruptcy in April, though Eldorado expected to find finance and complete the acquisition under the conditions of the earlier agreement.

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