On Wednesday, the Sagebrush State Gaming Control Board (NGCB) sanctioned the antecedently proclaimed sales agreement of the Hard John Rock Hotel & Casino Lake Tahoe by Paragon Gaming to Tilman Fertitta’s Fertitta Entertainment Inc. Clearing that regulatory hurdle paves the right smart for the transaction, announced inwards March, to…
BetMGM’s increasingly tough financial carrying out could oblige MGM Resorts International (NYSE: MGM) to revisit a takeover of Entain Plc (OTC: GMVHY), something the former’s management team said it’s not inclined to do. The iGaming and online sportsbook operator provided investors with a financial update on Wednesday,…
Monarch Casino & Resort (NASDAQ: MCRI) is considering opportunities to add together to its two-property portfolio via acquisition. Co-Chairman and CEO John the Evangelist Farahi made comments to that gist inward the company’s second-quarter earnings press out release, which was published on Wed after the closely of US markets.…
Universal Entertainment and other entities with ties to Okada Manila are attempting to scrap a merger with Capital Acquisition Corp. (NASDAQ: ADER), but Jason Ader’s blank-check companionship is planning on moving forward with the transaction. In a new regulatory filing, Japan-based Universal listed Friday, June 30 as the conclusion…
In what power follow the final salvo in the battle for PointsBet’s (OTC: PBTHF) US operations, the Aussie gaming company told investors they should vote inward favor of Fanatics’ revised $225 gazillion takeover offer. That’s 50% higher than the suitor’s original adjure and $40 zillion more than…
Amid a flurry of sports betting manufacture integration rumors, Rush Street Interactive (NYSE: RSI) is unity of the most discussed potentiality targets. A business deal hasn’t materialized as of yet, but CEO Richard Schwartz signaled at an manufacture group discussion this hebdomad that he’ll dungeon an undecided intellect…
Speculation regarding sports wagering manufacture mergers and acquisitions activity, specially on the operator side, remains intense, and some analysts believe deal-making could perk upwardly as 2023 progresses. In a Mon take note to clients, Lewis Henry Morgan Stanley analysts observed that over the yesteryear septet years, revenue for the world’…
Speculation regarding sports wagering industry mergers and acquisitions activity, peculiarly on the operator side, remains intense and some analysts believe deal-making could perk up as 2023 progresses. In a Mon mention to clients, Lewis Henry Morgan Francis Edgar Stanley analysts observed that over the past times sevener years, revenue for…
It was likely ne'er to pass water it all the way to the end, but the planned merger 'tween Chilean cassino operators Enjoy and Dreams is officially dead. The recent cover that they may hold colluded to set a recent untoughened proved too swelled an obstacle to overcome. The companies…
Global gaming colossus Entain has repeatedly stated that mergers and acquisitions are in high spirits on its anteriority list. Although it might be scaling back in sure markets, the company is holding true up to its course, and just added a sports information fellowship to its portfolio for $160 million.…