Tunica casino part of $17B sale of Caesars
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Caesars Entertainment is selling Horseshoe Tunica to Fertitta Entertainment for $17.6 billion.Summary
Caesars Entertainment has announced a massive $17.6 billion deal to sell Horseshoe Tunica and other properties to Fertitta Entertainment. The transaction includes the assumption of approximately $11.9 billion in Caesars' outstanding debt. The agreement allows Caesars to seek competing bids until July 11. Horseshoe Tunica, which opened in 1995, has been part of Caesars Entertainment since 2004.
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