⌄THE CASINO NEWS DAILY NEWSROOM
The latest developments in gambling, regulation and the people shaping the industry.
719 articles · Page 24 of 24
World-famous operator of integrated resorts Global Gaming Asset Management (GGAM) announced that it was allowed to sell its shares in the Philippine-listed Bloomberry Resorts Corp. Earlier today, Bloomberry stated in a special…
Last Tuesday, officials of Revel Casino Hotel filed a motion with the aim of receiving approval for terminating the deal with the Toronto-based company Brookfield Property Partners. In addition, managers of the…
Last week, Global Cash Access, the renowned provider of various casino cash products, announced that it was another step closer to the acquisition of Multimedia Games, Inc., a Texas-based manufacturer of a…
Earlier this week, London-based telecommunications company Sky announced that a controlling stake in its online gambling division will be acquired by CVC Capital Partners. The world-famous private equity and investment advisory firm…
The lawyer of Revel Casino Hotel announced that managers are currently reviewing the alternative for reviving the property sale. Yesterday, the attorney threw a curve ball by announcing that "neither side has…
Melco International Development Ltd., a Hong Kong-listed company that offers various gaming and accommodation options in the region, was announced to have subscribed to a total of 26,062,294 shares of common stock…
According to people familiar with the situation, Chinese investors Tony and Justin Fung are about to acquire Canberra Casino by the end of the year. However, they will discuss the price with…
Last Friday, the deal, concerning the acquisition of Bally Technologies, was closed. According to the information, Scientific Games obtained Bally for the impressive sum of $5.1 billion. On Thursday (Nov.20), regulators of…
Two months ago, it was announced that the Hong Kong billionaire Tony Fung was intending to acquire the popular Reef Casino Trust, based in Australia. However, it seems like his plans were…
Despite the crisis with the casino venues in Atlantic City, regulators were hopeful that the ones, which filed for bankruptcy over the year would be reopened and the new beginning was believed…
Atlantic City’s casino-related financial crisis has been posing danger after danger to Governor Christie’s political career. Residents and guests of what is known to be one of the most popular American gambling…
The gambling sector in New Jersey has been unstable for the last couple of months and the official closure of four casinos had a devastating effect on the economy in the Garden…
PokerStars, one of the online poker platforms, popular all over the world, has been exposed to many changes recently. It was acquired by Amaya Gaming and the representatives announced that they will…
The Las Vegas-based casino entertainment company Pinnacle Entertainment confirmed the speculations that it is to separate its casino facilities from the real estate investment portfolio. The process of splitting its properties is…
SOFTSWISS announced its intentions to add another gaming software developer to its partners' list. The company will offer games from BetSoft as well. Despite the fact that SOFTSWISS is known for having a…
MGM Resorts International announced that it had reached an agreement to sell its Gold Strike Casino located in Nevada’s city of Jean. The property will be acquired by the casino and slots…
Two months ago, Scientific Games Corp. bought the slot machine manufacturing company Bally Technologies. The buyout was estimated to $5.1 billion. This is the second buyout of this magnitude that Scientific Games Corp. has…
Full House Resorts Inc announced on Monday that it was “evaluating strategic alternatives for several months” and labeled a proxy fight from some of the company’s shareholders as “inappropriate and disruptive.” Full House…
The international holding Intertain Group announced its acquisition of Vera & John Casino. The deal is for $126 million and is still in the first stages. There is a number of conditions…
Warner Gaming was given a preliminary approval by the California state gaming regulators to acquire the Horizon casino in Lake Tahoe. The plans are for the casino to be reconstructed and re-branded…
Yesterday, the federal Court authorities approved the deal between Revel Casino and the Toronto-based Company Brookfield Asset Management. The new owner got the venue for 5 cents to the dollar, which is,…
Despite the expectations of Glenn Straub to win the auction for the bankrupted Revel Casino Hotel, a new bidder managed to propose a higher bid, which got approved at the last minute.…
TThe date for the Revel Casino Hotel auction was rescheduled after new bidders have shown interest. The new auction is to be held next Tuesday, the 30th of September. Until now, the recently…
The bankruptcy court of Delaware has discussed the Trump Entertainment Resorts request for selling out the equipment of Trump Plaza, which saw off its last players a couple of days ago. The…
The online gaming operator Portomaso Gaming merged its digital platform with its casino and workshop. The new hybrid product was funded by a €500,000 investment. The Parliamentary Secretary of Competitiveness and Economic Growth in…
Today, a major European provider of online payment and manual-service tools has been purchased by the Suzo-Happ Group. The documents of acquisition were finalized, and Comesterogroup is now under the management of…
Despite the current crisis with Atlantic City’s gambling industry, MGM Resorts International is looking forward to re-acquiring a formerly owned business - Borgata casino. Reuters announced that there will be a meeting…
The Global Cash Access Holdings has acquired all of Multimedia Holding Company’s shares for the overall amount of $1.2 billion or $36.5 per share. The acquisition has been mutually accepted by the…
The last two years saw many partnership and acquisitions throughout the online gaming industry worldwide. The most recent one being between NetEnt and Betfair. Under the monitoring of the Betfair Group, the…