Eldorado Resorts said Tuesday the Federal Trade Commission has asked for additional information and materials concerning the sale of the company’s two casinos to Churchill Downs.
In a Securities and Exchange Commission filing, Reno-based Eldorado said the request was made regarding the sale of the Lady Luck Casino Vicksburg in Mississippi to Kentucky-based Churchill Downs.
In March, Eldorado announced two deals to sell casinos to Churchill Downs; the Presque Isle Downs & Casinos in Eire, Pa., for $178.9 million in cash considerations and the Vicksburg casino for $50.6 million in cash considerations.
The SEC filing did not say if FTC had any additional requests about the Presque Isle sale. In the SEC filing, Eldorado said the transactions are expected to close in the third or fourth quarter of 2018, subject to satisfaction of closing conditions.
