⌄THE CASINO NEWS DAILY NEWSROOM
The latest developments in gambling, regulation and the people shaping the industry.
719 articles · Page 20 of 24
Frontier Capital Group Ltd. shareholders approved on Thursday the proposed acquisition of Stotsenberg Leisure & Hotel Corporation, including Stotsenberg Hotel and Casablanca Casino, located in the Philippines' Clark Freeport Zone. The deal…
Online gambling operator GVC Holdings PLC has appointed Nick Batram as Head of Investor Relations and Corporate Strategy. The post has been created recently and Mr. Batram's appointment comes ahead of GVC's…
New Jersey's Stockton University announced on Friday that it has eventually finalized the sale of the former Showboat Casino for the amount of $23 million. The once-popular gambling venue was purchased by…
Residents of York County, Maine are currently driving an initiative for the construction of a casino or the addition of slot machines in the county. However, the petition's wording would provide a…
The Las Vegas Review-Journal editor, Michael Hengel, announced on Tuesday that he is leaving his post. The announcement about his departure comes a few weeks after it became clear that casino mogul…
Australian betting and gaming operator Tabcorp Holdings announced that it had signed a partnership agreement with News UK, known to be the publisher of The Sun tabloid, for the launch of an…
UK-based betting and gaming operator Ladbrokes plc announced today the appointment of John Kelly as Chairman of the company's Board. Mr. Kelly has taken the post immediately, after former Ladbrokes Chairman Peter…
Olympic Entertainment Group (OEG) announced earlier today that its Latvia-based subsidiary Olympic Casino Latvia SIA has completed the purchase Latvian gambling operator SIA Garkalns. The transaction had already been approved by the…
Estonia-headquartered casino operator Olympic Entertainment Group (OEG) announced today that its subsidiary Olympic Casino Eesti AS will purchase Estonian gambling company AS MC Kasiinod, which also owns provider of casino bar services…
Ladbrokes shareholders voted in favor of the proposed merger with rival UK gambling company Gala Coral Group at an extraordinary meeting held earlier today, despite Irish businessman Dermot Desmond’s vocal criticism of…
Gambling software developer Playtech announced today that it has abandoned plans for the acquisition of contracts-for-difference broker Plus500, after the UK Financial Conduct Authority (FCA) voiced concerns about the potential deal. Playtech…
Ladbrokes, one of the major gambling operators in the UK, said on Thursday that it is still committed to the proposed £2.3-billion merger with rival company Gala Coral and encouraged investors to…
Irish businessman and Ladbrokes investor Dermot Desmond has opposed vocally the proposed £2.3-billion merger between major UK gambling operators Ladbrokes and Gala Coral in a letter to fellow shareholders. Mr. Desmond has…
Two of Australia's biggest gambling companies – Tabcorp Holdings Ltd. and Tatts Group Ltd. confirmed earlier today that there have been ongoing discussions for a potential merger but those were eventually called…
Evolution Gaming announced today that it is to buy the company which owns the building where the gaming developer and supplier's Riga-based operational activities are taking place. Evolution Gaming is to pay…
Billionaire investor and casino owner Carl Icahn said on Wednesday that he had hired Los Angeles real estate company CBRE Group to sell Fontainebleau Las Vegas, an unfinished hotel and casino resort…
The Springbok Group, operator of popular South African online and mobile casino brand Springbok Casino, announced the acquisition of Thunderbolt Casino, another popular casino brand aimed at South African gambling customers. The…
Gambling operator Caesars Entertainment Corp. announced on Monday that the operations of its Ohio-based racino and two casinos will be transitioned to its local partner – Rock Gaming. The Horseshoe names will…
Gambling operator Gala Coral announced earlier today that it had agreed to sell its Gala Bingo retail business to London-based investment trust company Caledonia Investments for the total amount of £241 million.…
Irish media reported that the proposed merger between gambling operators Paddy Power and Betfair has entered the first phase of the required probe that is to be carried out by the Irish…
It was reported by local media that Studio City, Macau's latest integrated casino resort, may be granted more gaming tables that the city government had initially promised. The $3.2-billion luxury complex is…
Gulfport-based gambling manager Foundation Gaming Group announced on Monday that it would buy DiamondJacks Casino & Hotel in Vicksburg, Mississippi. The casino first opened doors in 1993 and was initially operated under…
Chow Tai Fook Enterprises, one of the companies behind the project for the construction of a $3-billion integrated resort at Queen's Wharf in Brisbane, said that although the anti-corruption campaign in Mainland…
British gambling operator Ladbrokes announced today that it had secured a facility totaling £1.35 billion with several banks in order to fund the proposed merger with rival gaming company Gala Coral. The…
Gambling operator Melco Crown Entertainment may strike a $1-billion deal with hedge funds in an attempt to improve the operations and overall financial performance of its $3.2-billion Studio City integrated resort, which…
Provider of social casino and other games Zynga announced that it is to acquire startup gaming studio Rising Tide Games in a bid to further its commitment to the growing social casino…
Gambling operators Paddy Power and Betfair announced earlier today that they have agreed on the terms of their proposed merger. The new company will be called Paddy Power Betfair and will be…
Isle of Man-based gambling company GVC Holdings PLC announced earlier today that it had reached an agreement to buy rival bwin.party digital entertainment plc for the amount of £1.12 billion ($1.7 billion).…
Cruise ship and resort operator Genting Hong Kong, subsidiary of Malaysian conglomerate Genting Group, won a key approval from the New South Wales government to increase its stake in Australian gambling company…
Universal Entertainment Corp., owned by Japanese businessman Kazuo Okada, announced that it had issued a total of $600 million in bonds. The corporate notes have a 12% annual yield. In addition, they…