⌄THE CASINO NEWS DAILY NEWSROOM
The latest developments in gambling, regulation and the people shaping the industry.
719 articles · Page 21 of 24
British bookmaker Betfair and Irish gaming company Paddy Power announced earlier today that they had reached an agreement over the major terms of their potential merger. If completed, it would result in…
The Las Vegas Club, one of the oldest casinos in downtown Las Vegas, was sold to Derek and Greg Stevens, who own the The D Las Vegas Casino Hotel and Golden Gate…
Gambling operator William Hill PLC announced earlier today that it had bought a 29.4% stake in online lottery options provider NeoGames S.a.r.l. for the total amount of £16 million ($25 million). William…
Olympic Casino Latvia SIA, subsidiary of gambling operator Olympic Entertainment Group AS (OEG), announced that it would purchase a 100% stake in Latvian casino company SIA Garkalns and its subsidiary SIA Post-Nevada.…
UK developer of online gambling solutions Gaming Realms announced earlier today that it is to purchase a number of assets from online streaming products provider RealNetworks. Under the acquisition deal, Gaming Realms…
UK gambling operator Ladbrokes confirmed earlier today that it would merge with rival company Gala Coral to become the country's largest betting chain and to blunt online competition from other gaming giants.…
Less than a week ago, it was announced that 888 Holdings is to acquire bwin.party for the amount of ₤898 million. 888 had to face tough opponents interested in becoming bwin owners…
After all, Stockton University might be able to sell the shuttered Showboat casino without being involved in any legal issues. Back in 2014, Stockton bought the former casino venue with the aim…
The UK-based betting and gaming company Ladbrokes announced that it was about to ink a deal with another popular provider of gaming products and services – Gala Coral. The agreement between the…
British online gambling operator 32Red announced today that it is to acquire online casino business Roxy Palace for the total amount of £8.4 million. According to the information released, 32Red would pay…
Gambling operator MGM Resorts International announced on Tuesday that it would sell two Reno-based hotel and casino properties to Eldorado Resorts. The latter gaming company is to purchase a 50% share in…
Tsogo Sun Holdings, a major South African hotel and casino operator, announced on Friday that it had canceled its plans to purchase a minority stake in two casinos operated by rival Sun…
Swedish gambling operator Cherry AB (plc) announced that that it had purchased a 71% stake in Malta-based online casino company Almor Holding Limited. The acquisition is effective as of July 1 and…
Betsson AB, a Swedish gambling operator, announced earlier today that it is to purchase Georgia-based privately-owned gaming company Europe-Bet. The latter entity is holding a Georgian license and is targeting the country's…
Online gambling operator bwin.party digital entertainment plc announced mere hours ago that it is to sell its interests in World Poker Tour to Hong Kong-listed company Ourgame International Holdings for the amount…
Gaming software developer Playtech plc announced earlier today that it is to place 29,050,000 ordinary shares, or a 9.9% stake in the company, in order to raise £250 million and fund the…
Gibraltar-headquartered gambling operator BetVictor Ltd. announced that it had sold its 18 racecourse betting points in the UK to bookmaker Star Sports. Thus, the Brighton-based based gaming company would be able to…
Online gambling operator bwin.party digital entertainment plc announced earlier today that Emerald Bay Limited and Stinson Ridge Limited, two of its largest shareholders, had decided to place about 50 million shares in…
It was announced earlier today that online trading services provider Plus500 Ltd. is to be purchased by gaming software developer Playtech plc for the amount of $703 million (£460 million). Two weeks…
The Reef Casino Trust, which currently manages The Reef Hotel Casino, the only casino resort in Cairns, announced that it is to partially refurbish the venue after the terminated acquisition deal with…
Irish gambling operator Boylesports has expressed interest in buying rival company Ladbrokes Ireland. As previously announced, the latter is currently under court protection, so as to be able to carry out a…
Developer of gaming content NYX Gaming Group Ltd. announced that the purchase of Game360 Ltd. had been completed. As NYX Gaming pointed out itself, it will pay for the acquisition by means…
British gambling operator 888 Holdings confirmed that it had made a takeover bid for bwin.party, thus joining gaming company GVC Holdings in the battle for the online gaming provider. Last week, GVC…
The Riviera Hotel & Casino in Las Vegas was shuttered for good on May 4. The iconic venue, which was frequented by prominent performers, such as Liberace, Frank Sinatra, and Dolly Parton,…
Pennsylvania-based casino operator Penn National Gaming announced earlier today that it is to purchase Tropicana Las Vegas Casino Hotel Resort as part of its strategy to introduce its operations in Las Vegas.…
Back in 2014, Stockton University purchased the shuttered Showboat casino with the aim of turning it into a college campus but everything went in the wrong direction when the casino next door…
Twin River Management Group Inc. announced its plan to move its Newport Grand casino to a new location in the northern part of Tiverton, in order to be able to blunt the…
During the yesterday's court hearing, the Judge in charge of making decisions related to the fate of the shuttered Revel Casino, Gloria Burns, ruled that Glenn Straub has the legal right to…
Hong Kong-headquartered promoter of VIP rooms across Macau Iao Kun Group Holding Company Limited (IKGH) announced earlier today that it had signed a non-binding agreement with Lou Kan Kuong, under which the…
After many setbacks, Glenn Straub has acquired Revel Casino and became the owner of another shuttered casino on the territory of Atlantic City – the Showboat. The acquisitions form part of the…