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desert diamond casino in tucsonDubbed the “largest and most complex bankruptcy in a generation,” the corporation merged two of its operating units, and formed a real estate investment trust (REIT).Caesars Entertainment will continue to operate the company’s gaming floors and own most of its resorts.  every casino owner was happy with Trump’s election, however. Here’s a look back at the market’s biggest business mergers and acquisitions over the past year.Praise for CaesarsThe biggest merger in 2017 should come with an asterisk, as the multiple entities involved were all linked to one major parent organization: Caesars.In October, the Nevada-based gaming corporation that owns and operates over 50 mostly US-based casinos and hotels, announced it was formally exiting Chapter 11 bankruptcy protection. Gaming operators and manufacturers joined forces, while one online consolidation effort failed to materialize when a major stockholder balked at the alliance.  every casino owner was happy with Trump’s election, however. However, the REIT will own 18 properties, including Caesars Palace Las Vegas, the operator’s kingpin resort on the Strip. angel of the winds casino opening date