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Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada, that operates more than 50 properties. [3] Eldorado Resorts acquired Caesars Entertainment Corporation and changed its own name to Caesars Entertainment on July 20, 2020.
In 2010, Caesars Palace was fined $250,000 by the Nevada Gaming Commission for permitting a high-limit baccarat player to dance on the card table while the game was underway. [41] In September 2015, Caesars Palace agreed to pay the Financial Crimes Enforcement Network an $8 million civil money penalty for violating the Bank Secrecy Act. [42]
The Howard Johnson's Regency Motor Hotel first opened in 1966. In 1977, Caesars purchased the hotel and announced it would renovate the 11-story, 425-room structure and add seven floors to the building, expanding the room count to 548, plus a 52,000 sq.ft. casino at an estimated cost of $300 million.
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