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Eldorado Resorts to acquire gaming and hotel operations

Tropicana Entertainment will sell its real estate to Gaming and Leisure Properties Inc. (Nasdaq: GLPI) and merge its gaming and hotel operations with Eldorado Resorts Inc. (Nasdaq: ERI). Shares of Gaming and Leisure Properties climbed $1.35 to close at $34.64 while Eldorado Resorts stock leaped $5.80 to close at $41.50.



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