THE CASINO NEWS DAILY NEWSROOM
The latest developments in gambling, regulation and the people shaping the industry.
719 articles · Page 13 of 24
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 online gambling…
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 that would…
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 Fertitta has…
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 Stars Group)…
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 it has…
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 casino operator…
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 as the…
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. The announcement…
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 will now…
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 Philippine Stock…
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 reported over…
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. In a…
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 for more…
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. The resort,…
Construction company OHL Desarrollos has purchased a 32.5% stake in the Centro Canalejas Madrid development from Grupo Villar Mir to increase its holding in the project to 50%. PokerStars founder Mark Scheinberg…
Australian gambling operator CrownBet has kicked off its planned rebrand as BetEasy with a new advertising campaign created by Melbourne-based ad agency The Monkeys. The rebrand is part of the ongoing merger…
Four years after New Jersey’s Atlantic Club Casino Hotel shut down, Stockton University has decided to acquire the now abandoned property. On Wednesday, the university’s board of trustees approved plans to purchase…
New Jersey’s Stockton University is considering the purchase of the ill-fated Atlantic Club Casino Hotel as part of its expansion into Atlantic City, the Press of Atlantic City reported Monday. It was…
Saratoga Casino and Hospitality Group completed earlier this week the purchase of the Ellis Park thoroughbred racetrack, officials at the gaming and hospitality company have confirmed. The racetrack and simulcast venue is…
Australian sports betting operator CrownBet is set to rebrand as BetEasy following the recent acquisition of William Hill Australia’s assets, the company’s CEO Matt Tripp said yesterday in an interview with local…
South Korean tour operator and real estate developer Lotte Tour Development announced Friday that it is stepping further into its home country's casino market with the acquisition of Paradise Casino Jeju Lotte.…
Pansy Ho, daughter of Macau casino tycoon Stanley Ho, has reportedly purchased Asia’s second most expensive home for the hefty amount of HK$900 million, according to a report from news outlet the…
US gaming companies Twin River Worldwide Holdings Inc. and Dover Downs Gaming & Entertainment Inc. announced on Sunday that they have agreed to merge their operations amid a wave of consolidation in…
Gaming and hospitality giant Caesars Entertainment Corp. broke ground on Monday on a $375-million, 550,000-square-foot conference center as part of its strategy to further expand its operations beyond casino gambling. CAESARS FORUM…
The new owner of SLS Hotel & Casino Las Vegas is reportedly looking to rebrand the property as Grand Sahara Resort as part of a planned $100-million renovation and upgrade, Eater Vegas…
Las Vegas gaming and hospitality giant Caesars Entertainment Corp. and real estate investment trust VICI Properties announced the completion of the latter’s acquisition of the Octavius Tower at Caesars Palace for the…
Australian gaming and hospitality operator Crown Resorts is extending its search for buyers of apartments at Crown Sydney, currently under development on Sydney’s waterfront, as just a quarter of the apartments at…
The Indiana Gaming Commission unanimously approved Thursday the proposed acquisition of two state racinos by Caesars Entertainment Corp., but fined the Las Vegas gaming giant $1 million over its threats to nix…
Paddy Power’s Australian betting business Sportsbet is suing its rival bookmaker CrownBet over the latter’s plan to trademark the Sportingbet name, arguing that the move would harm its own business as the…
Australian betting operator CrownBet filed earlier this week a “Change of company name reservation” form with the nation’s Securities and Investments Commission to reserve the Sportingbet Pty Ltd name, local news outlet…
