By 
Robert Johnson ·
Kentucky-headquartered casino operator Churchill Downs Incorporated announced on Wednesday that it would expand its footprint across the United States through the acquisition of Presque Isle Downs & Casino in Eerie,…
By Robert Johnson ·
William Hill has received four offers from fellow gambling operators for its Australian business, the Australian Financial Review reported on Monday. The winning bidder is set to undergo due diligence…
By 
Terry Davis ·
Gambling industry veteran Fred Done is reportedly close to selling a 25% stake in the Tote to a “consortium of racing industry figures”, Sky News reported citing unnamed insiders. It…
By Robert Johnson ·
Las Vegas businessman Steve Wynn will not receive any severance or compensation after his resignation from casino operator Wynn Resorts amid multiple allegations of sexual misconduct, according to a termination…
By Terry Davis ·
The proposed takeover of British bookmaker Ladbrokes Coral by Isle of Man-headquartered GVC Holdings could result in more than 1,600 employees of the combined entity losing their jobs, the two…
By Robert Johnson ·
The UK Competition and Markets Authority is set to review the proposed acquisition of major gambling operator Ladbrokes Coral by GVC Holdings. Local media reported that the watchdog will be…
By Terry Davis ·
Real estate investment trust (REIT) company VICI Properties raised $1.21 billion in its IPO, which was completed on January 31. VICI, which yesterday began trading on OTC Markets under the…
By Robert Johnson ·
Leeds-headquartered private online gambling operator Sky Betting & Gaming (SkyBet) may be set for London listing, Reuters reported on Monday citing unnamed sources. SkyBet’s majority owner CVC Capital Partners has…
By 
Susan Sutton ·
Today, gambling operator GVC Holdings officially announced that it reached an agreement to buy the UK bookmaker Ladbrokes Coral Group for a prize amounting to up to £4 billion. The…
By Susan Sutton ·
The saga of the long-awaited merger between the Australian gambling operators Tabcorp Holdings and Tatts Group is coming to an end, and a new era is set to begin in…
By Robert Johnson ·
Australian hotel and casino operator Crown Resorts today announced that it had locked several asset divestment deals and that it will be using proceeds from these to reduce its debt.…
By Robert Johnson ·
The owner of Virgin Islands’ Caravelle Hotel & Casino has recently confirmed the addition of two hotels to its operations. Both hotels – King Christian Hotel and Company House Hotel…
By Robert Johnson ·
The UK Gambling Commission published today its position on the highly controversial loot boxes within video games and whether these constitute a form of gambling. According to the UK gambling…
By Robert Johnson ·
Spanish casino boss Manuel Lao Hernandez is reportedly considering different options for the future of gambling operator Cirsa Gaming Corp. SA, Bloomberg reported. Mr. Hernandez is the owner of the…
By Terry Davis ·
Online gambling brand Unibet will look to increase its share in the Australian gambling market through more aggressive marketing activity, The Australian Financial Review reported. The brand is part of…
By Robert Johnson ·
Less than a month after its main operating unit exited bankruptcy protection, casino operator Caesars Entertainment Corp. is reportedly looking to expand its domestic operations. Bloomberg News reported on Wednesday…
By Robert Johnson ·
Manhattan financial services company Keating & Accosiates LLC announced on Tuesday that it has entered a contract to purchase a portion of land at Atlantic City’s Revel Beach that had…
By Terry Davis ·
When Trump Taj Mahal opened doors in 1990, it was dubbed by former owner and current President of the United States Donald Trump as the eighth wonder of the world.…
By Robert Johnson ·
The Stars Group, recently re-branded from Amaya Inc., could raise up to $2.5 billion for future acquisition deals, CEO Rafi Ashkenazi revealed in a Monday interview cited by Reuters. The…
By Terry Davis ·
Macau-based hotel and casino operator Macau Legend Development announced earlier today that it is selling its 100% interest in New Macau Landmark Management, the company that manages The Landmark Macau…
By Robert Johnson ·
The owner of the former Revel Casino in Atlantic City has reportedly entered an agreement for the sale of the property to a Colorado-based businessman. And although there is usually…
By Terry Davis ·
Centro Canalejas Madrid, a luxury hotel, residential, and retail complex currently under development in the Spanish capital is expected to be completed in 2019 and to cost developers the amount…
By Robert Johnson ·
New Zealand hotel and casino operator SKYCITY Entertainment Group may sell the gaming portion of the SKYCITY Darwin hotel and casino resort in an effort to revive the struggling gambling…
By Robert Johnson ·
Universal Entertainment Corp., the Japanese gaming machine manufacturer, said that it had no knowledge of potential attempts by businessman Kazuo Okada to acquire a Philippines-listed company and merge it with…
By Robert Johnson ·
The Pennsylvania House approved on Tuesday the latest of a series of plans aimed to close a $2.2-billion gap in the state’s $32-billion budget for the current financial year. The…
By Robert Johnson ·
Owners of the $2.4-billion integrated resort Okada Manila, located in the Philippine capital, are reportedly in talks with local holding firms for the potential backdoor-listing of the gaming business. The…
By Robert Johnson ·
A recent article by the Financial Times suggested that a flurry of mergers and acquisitions could be expected within the global gambling space and that major British bookmakers will play…
By Terry Davis ·
Former Revel Casino in Atlantic City may soon switch ownership, according to the Press of Atlantic City. The local news outlet reported on Tuesday that a Colorado-based property management firm…
By Robert Johnson ·
British bookmaker Ladbrokes Coral has reportedly lined up City banks to review its consolidation opportunities, The Times has reported citing unnamed sources. The gambling operator is said to be prepping…
By Robert Johnson ·
Latest Casino Bonuses has expanded its online gaming affiliate network with another important acquisition. News emerged on Wednesday that the LCB family has welcomed Affiliate Guard Dog in another deal…