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borgata casino in atlantic cityBut with a Democratic governor who campaigned on supporting casinos, paired with a Democratic-controlled General Assembly, the issue finally prevailed.The deal is expected to close in the first half of 2020 with Eldorado management running the combined company under the Caesars name.(Image: Trip Advisor)While there has been chatter that Eldorado is overpaying for the operator of casinos under the Caesars, Harrah’s and Horseshoe brands, among others, analysts see significant long-term benefits for the company post-acquisition.”See The Forest Through The TreesShares of Eldorado plunged 17 percent combined on the day its offer for Caesars was made official and the following trading day, but the stock has since recovered a good portion of those losses.(Image: Trip Advisor)While there has been chatter that Eldorado is overpaying for the operator of casinos under the Caesars, Harrah’s and Horseshoe brands, among others, analysts see significant long-term benefits for the company post-acquisition.“As it pertains to the higher purchase price, we would also note that our analysis did not contemplate the .slot machine casino type