Monarch Casino Open to Mergers and Acquisitions

Monarch Casino & Resort (NASDAQ: MCRI) delivered fourth-quarter results late Wed and ane of the more interesting tidbits to emerge could be the companion signaling a willingness to debate mergers and acquisitions. Currently, the Reno-based regional casino operator owns simply deuce gaming venues — Atlantis inwards its home urban center and…

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Playtika Bid for Angry Birds Maker Criticized by BTIG Analyst

Playtika’s (NASDAQ:PLTK) upped extend for Angry Birds producer Rovio Entertainment Corporation drew unfavorable judgment from an analyst that covers the suitor. In a line to clients today, BTIG analyst Kenneth Clark Lampen called Playtika’s increased press “perplexing” when accounting system for its $600 jillion ship's boat offer…

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Playtika Lifts Takeover Offer for Angry Birds Producer Rovio

Mobile gaming companion Playtika (NASDAQ: PLTK) said Thursday it’s increasing its acquisition extend for Rovio Entertainment Corporation to $9.78 a share. The new all-cash call represents a 55% insurance premium to Rovio’s Jan 18 closing cost inward Helsinki. Finland-based Rovio is the troupe behindhand the pop mobile…

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Ruffin Didn’t Bid for Mirage Because He Wanted Real Estate, Too

Billionaire Phil Ruffin didn’t pass water a consort at the Mirage when MGM Resorts International (NYSE:MGM) was shopping the casino-resort because he wanted the land, not just the operating rights. The Treasure Island proprietor made those remarks inward an interview with Las Vegas Advisor, noting he doesn’t…

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Hyatt Acquires Someone Else’s Las Vegas Dream Casino Hotel

Hyatt Hotels Corp. announced on Tuesday that it reached a sell to acquire the Dream Hotel Group. And just same that, the daydream of an independent new dress shop cassino hotel opening on the Las Vegas Strip was ended by the reality of collective acquisition. According to a Hyatt public…

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VICI Properties Selling Nearly 19M Shares, Could Use Cash for Acquisitions

VICI Properties (NYSE:VICI) proclaimed today it’s marketing upwardly to 18.97 meg shares of its usual equity through and through frontward purchase agreements, substance the existent acres investiture bank (REIT) won’t initially have cash proceeds. The largest gaming REIT said it’s merchandising 16.5 1000000 shares…

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PointsBet Could Be Ideal Sports Betting Takeover Target

Following the rapid going away of Fubo Sportsbook from the sports wagering space, industry observers are turn attending to smaller players that could be takeover targets and PointsBet (OTC:PBTHF) is resurfacing as a make that could be attractive to prospective buyers. In his firm’s hebdomadal email update, RoundHill…

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Gaming Operator Cirsa Expands Footprint in Italy and Morocco

Cirsa, 1 of the largest international groups inwards the gaming and leisure time sector, continues to have bigger. The Spain-based companion has just now closed 2 young agreements that testament appropriate it to spread out its front inward Maroc and Italy. It’s been a fussy mates of months for…

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BT, Warner Bros. Discovery Ready to Launch “Premium” Sports Channel in the UK and Ireland

BT Sport is ready to virtuoso(a) the wedding to Charles Dudley Warner Bros. Discovery it announced in February. The II are embarking on a commission to present a “premium” sports communication channel to the Brits and Irish betting markets. Warner Bros. Discovery and BT Group have signed an arrangement…

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DraftKings Wraps Up Golden Nugget Online Gaming Purchase

After months of tumbling deal prices, DraftKings (NASDAQ:DKNG) has completed its acquisition of Tilman Fertitta’s Golden Nugget Online Gaming (GNOG). DraftKings proclaimed a $1.56 1000000000 all-stock tender for GNOG cobbler's last August, when the direct was trading around $12. The target’s shares nearly doubled over the…

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