On the Record · Caesars Entertainment

Caesars Entertainment acquisitions, on the record

The businesses Caesars Entertainment bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
MTR Gaming Group, Inc. Word for word“Beginning in 2005, we grew through a series of acquisitions, including the acquisition of MTR Gaming Group, Inc. in 2014, Isle of Capri Casinos, Inc. in 2017, Tropicana Entertainment, Inc. in 2018, Caesars Entertainment Corporation in 2020, and William Hill PLC (the “William Hill Acquisition”) on April 22, 2021.” 10-K for 2023	acquisition	in 2014	—
Isle of Capri Casinos, Inc. Word for word“Beginning in 2005, we grew through a series of acquisitions, including the acquisition of MTR Gaming Group, Inc. in 2014, Isle of Capri Casinos, Inc. in 2017, Tropicana Entertainment, Inc. in 2018, Caesars Entertainment Corporation in 2020, and William Hill PLC (the “William Hill Acquisition”) on April 22, 2021.” 10-K for 2023	acquisition	in 2017	—
Tropicana Entertainment, Inc. Word for word“Beginning in 2005, we grew through a series of acquisitions, including the acquisition of MTR Gaming Group, Inc. in 2014, Isle of Capri Casinos, Inc. in 2017, Tropicana Entertainment, Inc. in 2018, Caesars Entertainment Corporation in 2020, and William Hill PLC (the “William Hill Acquisition”) on April 22, 2021.” 10-K for 2023	acquisition	in 2018	—
William Hill PLC Word for word“On April 22, 2021, we completed the William Hill Acquisition for cash consideration of approximately £2.9 billion , or approximately $3.9 billion, based on the GBP to USD exchange rate on the closing date.” 10-K for 2023	acquisition	April 22, 2021	—
MontBleu Casino Resort & Spa Word for word“The following is a summary of recently completed divestitures as of December 31, 2023: Segment Property Date Sold Sales Price Regional MontBleu Casino Resort & Spa (“MontBleu”) April 6, 2021 $15 million Regional Tropicana Evansville (“Evansville”) June 3, 2021 $480 million” 10-K for 2023	divestiture	April 6, 2021	$15 million
Tropicana Evansville Word for word“The following is a summary of recently completed divestitures as of December 31, 2023: Segment Property Date Sold Sales Price Regional MontBleu Casino Resort & Spa (“MontBleu”) April 6, 2021 $15 million Regional Tropicana Evansville (“Evansville”) June 3, 2021 $480 million” 10-K for 2023	divestiture	June 3, 2021	$480 million
Belle of Baton Rouge Casino & Hotel Word for word“Regional Belle of Baton Rouge Casino & Hotel (“Baton Rouge”) May 5, 2022 * Discontinued operations: Regional Harrah’s Louisiana Downs November 1, 2021 $22 million (a) Regional Caesars Southern Indiana September 3, 2021 $250 million N/A Caesars UK Group July 16, 2021 * N/A William Hill International July 1, 2022 £2.0 billion” 10-K for 2023	divestiture	May 5, 2022	—
Harrah's Louisiana Downs Word for word“Regional Harrah’s Louisiana Downs November 1, 2021 $22 million (a) Regional Caesars Southern Indiana September 3, 2021 $250 million N/A Caesars UK Group July 16, 2021 * N/A William Hill International July 1, 2022 £2.0 billion” 10-K for 2023	divestiture	November 1, 2021	$22 million
William Hill International Word for word“Regional Caesars Southern Indiana September 3, 2021 $250 million N/A Caesars UK Group July 16, 2021 * N/A William Hill International July 1, 2022 £2.0 billion” 10-K for 2023	divestiture	July 1, 2022	£2.0 billion
Rio Word for word“In addition to the divestitures above, the operations of Rio were assumed by the lessor on October 2, 2023, and we exited our management agreement with Caesars Dubai on November 16, 2023.” 10-K for 2023	divestiture	October 2, 2023	—
Horseshoe Baltimore (remaining 24.2% equity ownership) Word for word“Additionally, on July 10, 2023, we completed the acquisition of the remaining 24.2% equity ownership in Horseshoe Baltimore, utilizing cash on hand, for a total of $66 million.” 10-K for 2023	acquisition	July 10, 2023	$66 million
Horseshoe Baltimore (increased ownership to approximately 75.8%) Word for word“On August 26, 2021 (the “Consolidation Date”), the Company increased its ownership interest in Horseshoe Baltimore, a property which it also managed, to approximately 75.8 % for cash consideration of $ 55 million.” 10-K for 2023	acquisition	August 26, 2021	—
Baton Rouge Word for word“On May 5, 2022, we consummated the sale of the equity interests of Baton Rouge.” 10-K for 2023	divestiture	May 5, 2022	—
Belle of Baton Rouge Casino & Hotel ("Baton Rouge") Word for word“On May 5, 2022, the Company consummated the sale of the equity interests of Belle of Baton Rouge Casino & Hotel (“Baton Rouge”) to CQ Holding Company, Inc., resulting in a loss of $ 3 million.” 10-K for 2024	divestiture	May 5, 2022	—
WSOP trademark to NSUS Group Inc. ("NSUS") Word for word“On August 1, 2024, the Company entered into a definitive agreement to sell the World Series of Poker (“WSOP”) trademark to NSUS Group Inc (“NSUS”) for $ 250 million in cash at closing and a $ 250 million note receivable for total consideration of $ 500 million.” 10-K for 2024	agreed divestiture	August 1, 2024	$ 250 million in cash at closing and a $ 250 million note receivable for total consideration of $ 500 million
The LINQ Promenade Word for word“On December 12, 2024, we closed the sale for $ 275 million, resulting in a gain of $ 34 million, which was recorded in Transaction and other costs, net in the Statements of Operations.” 10-K for 2024	divestiture	December 12, 2024	—
World Series of Poker (WSOP) trademark Word for word“On October 29, 2024, the Company closed the sale to NSUS, resulting in a gain of $ 317 million, which was recorded in Transaction and other costs , net in the Statements of Operations.” 10-K for 2025	divestiture	October 29, 2024	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2016-12-31	—	$0
2017-12-31	$1.31 billion	$715.2 million
2018-12-31	$0	$280.3 million
2019-12-31	$0	—
2020-12-31	$6.39 billion	$9.06 billion
2021-12-31	—	$1.21 billion

Deal filings since 2016

2026-05-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-05-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-03-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-11-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-10-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-05-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-02-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-02-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-10-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-01-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-11-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-09-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-08-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-07-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-04-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-10-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-07-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-07-21 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2020-07-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-06-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-12-10 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-09-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-08-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-06-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-06-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-10-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-10-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-09-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-08-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-04-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-04-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-05-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-05-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-04-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-09-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Caesars Entertainment’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.