The restructuring of Caesars Entertainment is the subject of a ruling from the New Jersey Casino Control Commission.

Caesars edges towards merger

The new entity will own Caesars Atlantic City and Bally’s Park Place and the commission has approved the lease agreement between the companies and the casinos.

Other approvals relating to the restructuring and merger of Caesars Entertainment and Caesars Acquisition Company remain pending and should be announced before the end of the year.