Caesars REIT completes acquisition of Louisiana’s Margaritaville Resort Casino, leases property to Penn National Gaming VICI Properties announced Wednesday that it has completed the acquisition of Margaritaville Resort Casino in…
We are days away from bidding farewell to a transformative year for the gambling industry. The Steve Wynn sexual harassment scandal shook Las Vegas and the global casino scene in…
British private equity firm Bridgepoint makes a SEK9.19-billion bid for Cherry weeks before the reorganization of the Swedish gambling market A consortium led by London-headquartered private equity investor Bridgepoint Advisers…
Israel-based social casino giant Playtika announces another acquisition as part of growth and diversification strategy Israeli developer of social casino games Playtika has acquired Wooga Gmbh, a Berlin-based publisher of…
The former gambling boss bought a 50% stake in the major development scheme last spring, thus making his first foray into Spain’s real estate market Centro Canalejas Madrid, the luxury…
The Israeli billionaire has sold his entire stake in the gambling company as US activist investor has been urging Playtech to sever ties with its founder Israeli businessman Teddy Sagi…
GVC adds Neds International to Australian business amid consolidation wave in the local sports betting field Gambling giant GVC Holdings has snapped up Australian online sports betting operator Neds International…
A new potential buyer of the shuttered Atlantic Club has emerged A New York-based real estate consulting firm has entered negotiations to buy the shuttered Atlantic Club Casino Hotel in…
Hard Rock might be looking to expand to the Las Vegas Strip, according to new round of reports UPDATE (Nov. 21, 2018): The Cosmpolitan has denied the rumors about its…
New round of merger reports link Caesars to MGM; potential tie-up will create a $20-plus-billion hotel and casino behemoth Las Vegas casino giants MGM Resorts International and Caesars Entertainment Corp.…
Churchill Downs acquires “crown jewel of Illinois gaming” in latest acquisition deal within the US land-based casino space Gambling company Churchill Downs Incorporated announced on Wednesday that it has reached…
William Hill looks to expand European presence, diversify revenue mix, improve online performance with MRG marriage William Hill today announced that it has made a cash offer to acquire Malta-headquartered…
Caesars is reportedly more interested in acquiring Jack Entertainment properties than Tilman Fertitta’s merger offer Caesars Entertainment Corp. has chosen to reject an offer from billionaire gaming boss Tilman Fertitta…
Another massive merger and acquisition deal within the US casino industry could be around the corner A fresh round of industry buzz from Wednesday suggested that billionaire casino boss Tilman…
Amaya founder and former CEO David Baazov lands in hot water, former Kenyan lawmaker comes forward with serious fraud accusations A former Kenyan MP accused Amaya Gaming Group (now The…
Boyd completes purchase of four Pinnacle casinos to pave the way for the closure of Penn National’s $2.8-billion acquisition of Pinnacle Major gaming company Boyd Gaming Corporation announced today that…
Companies should divest casino assets in three Midwestern cities over competition concerns The US Federal Trade Commission (FTC) approved earlier this week Penn National Gaming’s previously announced purchase of fellow…
Nevada-based Eldorado Resorts, Inc. has completed the previously announced acquisition of fellow gaming and hospitality business Tropicana Entertainment Inc. in a deal valued at around $1.85 billion. The transaction comes…
Canadian pharmaceutical company Easton Pharmaceuticals Inc. announced Monday that it has been shortlisted to acquire a stake or take part in the acquisition of Greece’s Club Hotel Casino Loutraki resort.…
Amid growing competition and massive regulatory pressure in a number of jurisdictions, several major gambling companies have decided since the beginning of the year to undertake merger and acquisition moves.…
It has been an eventful year for Playtech and a particularly turbulent one at the same time. The gambling technology company, founded by Israeli businessman Teddy Sagi in 1999, saw…
After creating controversy with its decision not to honor a fan’s bet after a glitch in the live odds-making system, FanDuel back-pedaled to avoid the negative publicity. The Newark resident…
New York hedge fund HG Vora Capital Management LLC has quietly built a 4.9% stake in Las Vegas casino and hospitality giant Caesars Entertainment Corp. and is pressing for the…
Japanese gaming giant Universal Entertainment Corp. is taking its Philippines-based casino company Tiger Resort Asia Ltd. public through the acquisition of a majority stake in a company listed on the…
Lucky Dragon Hotel and Casino was billed as a property of many firsts. Most notably, it was the first hotel and casino resort to be built from the very ground…
The new owners of the vacated Bristol Mall in Bristol, Virginia are considering the opportunity to turn the site into a casino resort, local news outlet the Bristol Herald Courier…
For nearly a decade now, the Las Vegas rumor mill would, every once in a while, produce a story revolving around the potential sale of Rio All-Suite Hotel & Casino,…
Macau junket operator Suncity Group Holdings Limited has completed the purchase of Vietnam-based integrated resort developer Star Admiral Limited after the finalization of the deal had been delayed several times.…
Global gaming advisory firm Union Gaming has remained bullish on the casino REIT sector as a wave of consolidation is under way on the regional level and is creating potential…
SLS Las Vegas Hotel & Casino announced Wednesday that it will take over the W Las Vegas hotel which currently occupies one of the three hotel towers of the property.…