Eldorado-Caesars merger
The New Jersey Division of Gaming Enforcement retained Bates White to analyze potential undue economic concentration among Atlantic City casinos that could result from Eldorado's acquisition of Caesars Entertainment Corporation, an acquisition that would result in fewer independent casino operators in Atlantic City. Submitted expert report and testified before the New Jersey Casino Control Commission. The analysis and testimony demonstrated that certain divestitures, investments, and the lifting of deed restrictions would mitigate the harm to competition resulting from the acquisition. The Commission’s decision to approve the merger came within a week of the expert’s testimony.