Eldorado Completes Grand Victoria Purchase

Eldorado Resorts recently closed on its $327.5 million purchase of the Grand Victoria Casino in Elgin, Illinois, located 40 miles west of downtown Chicago. MGM Resorts International, as a 50 percent owner of the property, received $162 million. The transaction gives Eldorado 21 properties in 11 states with 13,000 employees.