If I were an Eldorado shareholder, the following sentence from MarketWatch would scare the proverbial pants off my proverbial self:

A Nevada company that started in 1973 with a single hotel-casino in Reno announced Monday it has completed a $17.3 billion buyout of Caesars Entertainment Corp. and will take the iconic company’s name going forward as the largest casino owner in the world.

Let’s go back 12 and a half years? This is from the Las Vegas Review Journal, January 29, 2008:

Harrah’s Entertainment’s first day as a private company pretty much lived up to what the company promised two months ago: “a change in ownership, but not a change in direction.”