Bally's, a gaming company based in Lincoln, Rhode Island, completed the acquisition of Eldorado Shreveport casino resort from Caesars Entertainment, an American casino and hotel company, for $140m. "Eldorado Shreveport represents the latest step in our ongoing portfolio diversification strategy, expanding our rapidly growing geographic footprint into the attractive Shreveport/Bossier City market. Eldorado Shreveport is a first-class, premier entertainment asset that is emblematic of the iconic Bally's brand. With the close of this transaction, we are looking forward to integrating Eldorado Shreveport into the Bally's family, and implementing our proven strategic initiatives to drive growth and revenue improvements," George Papanier, Bally's President and CEO.