Crown Cleared to Buy Two Las Vegas Casinos from Cannery

Crown has won final approval from the Nevada Gaming Commission for the purchase of two Las Vegas casinos from Cannery Casino Resorts.cannery

A company spokesman said today the approval came late last week and removed one major regulatory hurdle for Crown’s $1.75 billion acquisition of Cannery Casino Resorts.

Regulatory approval for the December 2007 acquisition of Cannery Casino Resorts had been expected by the end of 2008.

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