THE CASINO NEWS DAILY NEWSROOM
The latest developments in gambling, regulation and the people shaping the industry.
719 articles · Page 15 of 24
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 has submitted…
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 for the…
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 that represents…
New York real estate investor Carl Icahn unloaded another casino property after the sale of the shuttered Trump Taj Mahal resort this spring. The businessman confirmed on Tuesday that he entered an…
Playtech announced today the acquisition of financial services company ACM Group for a total consideration of $150 million. The new deal will see Playtech further expand its Financials Division, which it created…
Investment management firm Silchester International Investors has purchased a 5% stake in gambling operator William Hill, The Telegraph reported earlier today. William Hill shares currently stand at £239.9, well below their four-year…
Canadian gambling giant The Stars Group posted on Wednesday its first financial report since the completion of its rebranding. In general, the financial picture presented by the company was quite bright with…
Major casino operator Caesars Entertainment Corp. and leisure company Caesars Acquisition Company announced that shareholders have approved their proposed merger that will help Caesars’ main operating unit to eventually exit bankruptcy. The…
Online gambling group Gaming Innovation Group (GIG) today announced the acquisition of Stk Marketing Ltd., an affiliate network targeting players from the Nordic Region, for the approximate amount of €26 million. This…
Sydney-based investment manager Ellerston Capital has bought additional shares in Australian casino operator The Star Entertainment Group, local news outlet The Australian reported earlier today. Ellerston Capital is known to be backed…
Genting has decided to sell its 5.62% stake in The Star Entertainment Group. The Malaysian casino operator has made the decision because there is a talk going around that the Australian casino…
Okada family members helped the Okada Holdings board oust Japanese billionaire Kazuo Okada from his role as a director, Reuters reported citing unnamed sources with knowledge of the matter. Based on information…
Gambling operator William Hill is planning to close its Israel-based office, forex trading news outlet LeapRate has reported citing unnamed sources with knowledge of the matter. The major UK bookmaker expanded its…
Israeli billionaire businessman Teddy Sagi is selling a 10.1% stake in online gambling giant Playtech, according to a Monday stock market statement. Mr. Sagi will thus reduce his holding in the company…
Online gambling-focused performance marketing company Catena Media today announced yet another acquisition deal that saw it purchase all iGaming affiliate assets of Delilah Holdings. The transaction is expected to be completed by…
The proposed merger between daily fantasy sports operators DraftKings and FanDuel may be in serious danger as the US Federal Trade Commission (FTC) has reportedly expressed concerns over the effects the deal…
PokerStars founder Mark Scheinberg plans to increase his investment in Madrid’s real estate market, according to reports from local media. The Israeli-Canadian businessman purchased in February a 50% stake in Centro Canalejas…
Malta-headquartered performance marketing company Catena Media announced today that it has been considering the release of a €50-million-worth tap issue to finance future acquisition deals in the iGaming affiliate space. CEO Robert…
Australian gambling operator Tabcorp accused openly the Australian Competition and Consumer Commission (ACCC) of siding with opponents of its proposed A$11-billion merger with fellow gambling company Tatts Group. Tabcorp representatives spoke before…
Casino developers and operators Melco Resorts & Entertainment, recently rebranded from Melco Crown, and Crown Resorts announced today that they will part ways after a decade of collaboration. The joint venture will…
Billionaire investor Teddy Sagi and his assets management firm LabTech Investments Ltd. have recently purchased a 29% stake in real estate company Market Tech Holdings, known to be the owner of London’s…
The Pacific Consortium group led by the private equity firm KKR & Co revealed that it has revised its takeover offer for the largest lottery operator that currently exists in Australia. According…
American gambling solutions supplier IGT (International Game Technology) announced it intends to sell its DoubleDown Interactive online casino operations to the South Korean social gaming operator DoubleU Games, which is based in…
Cherry AB has made one more step toward expanding further its European presence through the purchase of a 7.5% stake in Malta-based and Germany-facing online gambling operator Almor Holding Ltd. Cherry acquired…
Gaming and sports betting content supplier NYX Gaming Group has penned an extension to its existing partnership with gambling operator GVC Holdings. Under the deal, GVC-owned bwin will go live with NYX…
Online gambling affiliate specialist RakeTech Group has announced that it has acquired two affiliate companies to fuel its acquisition drive. Sports betting-focused platform BetXpert and iGaming affiliate business Turtle Gaming have become…
Former Amaya Inc. CEO David Baazov has offloaded an 8.2% stake in the Canadian online gambling company. He sold 12,000,000 shares of Amaya for a price of C$22.31 per share or a…
Billionaire investor and casino owner Carl Icahn may see his social media activity used as evidence in a high-profile insider trading case against Nevada golf course owner and popular bettor William ‘Billy’…
Swedish sports betting and casino operator, Cherry AB revealed today it intends to unify its iGaming catalog under the newly-acquired ComeOn! brand. The acquisition officially came to completion at the end of…
Australian businessman James Packer collected almost A$600 million last week after selling subordinated notes to local casino operator Crown Resorts and receiving dividend and special payment from the company's selldown of its…
