Magnolia Bluffs Casino Hotel in Natchez, Mississippi, has been sold for an undisclosed toll to the parent company of the battle of Saratoga Casino Hotel inward upstate New York. The locals gambling casino features roughly 500 one-armed bandit machines, 14 tabular array games, and a sportsbook. Magnolia Bluffs expanded its…
Fresh turned its $4 billion purchase of the real estate of Venetian, Palazzo and Venetian Expo, VICI Properties (NYSE:VICI) is eyeing to a greater extent gaming holding assets. The gaming tangible estate investiture trustfulness (REIT) is in the thick of acquiring MGM Growth Properties (NYSE:MGP) for $17.2…
Bally’s (NYSE:BALY) said it has formed a special committee to evaluate the recent takeover extend made by circumvent fund Standard General, the casino operator’s largest shareholder. Standard General is controlled by Soo Kim, a fellow member of Bally’s board. Last week, the investment firm filed an…
Crown Resorts informed shareholders yesterday that it testament moot — and potential urge accepting — a unexampled offering from common soldier equity whale Blackstone Group. The bidding to gain the casino company’s assets is for A$8.87 1000000000000 (US$6.48 billion). Blackstone’s nearly $6.5 billion set up…
Social gaming developer FlowPlay Inc. has been to the full acquired past Wind Creek Hospitality, the gaming social unit of the Poarch Band of Creek Indians in Alabama. The Seattle-based social gaming company is responsible for(p) for such popular nomadic offerings as Vegas World, Casino World, 7 Seas Casino,…
Gaming technology provider Playtech landed another takeover offer up good manners of JKO Play Ltd. — a consortium led by former Formula One squad owner Eddie Jordan. All told, Playtech, which makes software package for cyberspace casinos, web-based stove poker rooms, and online sports wagering, has ternary bids on the table.…
Delaware Mungo Park will presently make a new proprietor for the first off clip in 38 years. The storied purebred horse racetrack and casino, situated inwards Wilmington, is existence sold to Canadian River private equity unfluctuating Clairvest Group and Rubico Gaming LLC. Rubico is a gaming entity controlled by Thomas…
MGM Resorts International (NYSE:MGM) Bill Hornbuckle is making clear-cut his company’s outlook on DraftKings’ (NASDAQ:DKNG) try to acquire Entain Plc (OTC:GMVHY) — MGM’s partner inwards the BetMGM venture. While noting MGM has “a great relationship” with BetMGM, and that the cassino operator is enthusiastic nearly the…
DraftKings (NASDAQ:DKNG) is wooing Entain Plc (OTC:GMVHY) with a $22.4 1000000000000 takeover extend after the Ladbrokes proprietor turned rear a previous bid. The Boston-based daily phantasy sports (DFS) and online sports wagering accompany rocked the gaming industry today, offering $20 1000000000 for Entain, sending the Coral owner’…
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…