The worst-kept arcanum in gaming over the past few days is now official. On Thursday morning, 888 Holdings confirmed it has in agreement(p) to purchase William Hill’s non-US assets from US gambling casino colossus Caesars Entertainment Inc., thrashing the buck private equity firmly Phoebus Global Management to the…
Harrah’s New Orleans Hotel and Casino reopened on Wednesday, 10 days after lethal Hurricane Ida knocked out powerfulness in the region. Other casinos in the New siege of Orleans area remain closed. On its Facebook pageboy Wednesday, Harrah’s announced it is in one case again open for business.…
888 Holdings has sealed the deal to buy William Hill’s European assets from Caesars Entertainment Inc for northward of £2 1000000000 (US$2.76 1000000000 ), according to The Times. The Brits subject newspaper on Wednesday was sticking past its sources that 888 had “won the race” to gain the…
Cathie Wood’s ARK Investment Management continues embracing DraftKings (NASDAQ:DKNG). The ontogeny fund manager gobbled upwardly $60.6 zillion worth of the sportsbook operator’s shares on Tuesday, Aug. 24. The New York-based fund manager known for taking stakes inwards companies it views as innovational disruptors bought 1.07…
Tribal gaming revenues cut down 20 percent inward 2020 over the previous year because of the pandemic, or by $6.7 billion. That’s the first-class honours degree declination the sector has recorded in ten years, and the sharpest inward 20. According to figures released Th by the National Red…
John Paulson’s eponymic sidestep monetary fund initiated a new billet inwards gambling casino operator Bally’s (NYSE:BALY) inward the back quarter. A Form 13F filing with the Securities and Exchange Commission (SEC), released Monday, revealed Paulson & Co. bought 1 1000000 shares of the Rhode Island-based regional casino…
The Las Vegas thriftiness has been warm inwards recent months but faces uncertainness with farther COVID-19 concerns and other challenges, according to analysts. Jeremy Aguero of Applied Analysis said Southern Silver State has spent its way to prosperity yet could face an “economic cliff,” according to the Las Vegas Review-Journal.…
Two Southern Sagebrush State officials are calling for a wider Interstate 15 linking Southern Calif. to Las Vegas and its tourism-dependent casinos. Clark County Commissioner Tick Segerblom told the Las Vegas Sun he is skeptical of the impact a proposed high-speed prepare power have got in connecting Las Vegas to…
DraftKings (NASDAQ:DKNG) inventory is trading higher Monday after explore steadfastly Bernstein reiterated an “outperform” rating on the sportsbook operator. That bullish claim comes after DraftKings cast off VII percent inwards July, and in advance of the company’s second-quarter earnings story scheduled for Friday, Aug. 6, prior to the…
Rumors intimate European sportsbook manipulator Tipico put up live added to the roster of companies bidding for William Hill’s non-US assets. The German sports wagering fellowship joins a crowded though still-fluid theatre of contenders vying for the venerable William James Jerome Hill brand, the operator’s high-pitched street betting…