Mergers, Acquisitions & Partnerships | World Casino News

West Virginia casino receives matching funds for planned advertising campaign

November 18, 2016

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, West Virginia

The West Virginia Tourism Commission has approved $175,000 in matching funds for an advertising program for the Mountaineer Casino Racetrack And Resort one month after delaying the grant over concerns that the ...

Baazov Offers C$3.5 Billion to Buy Amaya

Alex Lanter

November 15, 2016

Online gaming software, Latest Casino and Gambling News, Canada, Game manufacturers, Online Poker, Mergers, Acquisitions & Partnerships

David Baazov, former CEO and Chairman of Amaya Gaming has made an official bid to buy the Canadian gaming and gambling company to a total price of C$3.48 billion, or C$24 per share. His bid is a 30.9 percent pr...

Genting Singapore walking away from Resorts World Jeju development

Adam Morgan

November 14, 2016

Latest Casino and Gambling News, Casino project updates, Mergers, Acquisitions & Partnerships, South Korea

Asian casino operator Genting Singapore has reportedly signed a deal that will see it sell its interests in a coming development for South Korea’s Jeju Island so that it can better focus on its Singapore busine...

Genting Hong Kong to add new electronic gaming devices to cruise ships

Sadonna Price

November 10, 2016

Latest Casino and Gambling News, Casino Cruise Ships, Mergers, Acquisitions & Partnerships

The cruise lines operated by Genting Hong Kong Ltd are now set up to receive new electronic gaming equipment and devices thanks to a new agreement signed by the company with FreeStyle Gaming Ltd. The master agr...

Horse Racing industry in New Jersey confirms major partnership on eve of casino vote

Renee Kingsley

November 8, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Horse Racing, Mergers, Acquisitions & Partnerships, New Jersey

New Jersey residents will vote today on the North Jersey referendum which seeks to allow two casinos outside of Atlantic City. A deal was confirmed Monday evening that will improve the quality of horse racing i...

Caesars Entertainment Corporation unit begins process of raising new financing

Adam Morgan

November 7, 2016

Latest Casino and Gambling News, North America Casino News, Economy/Finance, Mergers, Acquisitions & Partnerships, Bankruptcy

American casino giant Caesars Entertainment Corporation has begun the process of raising up to $3.8 billion that its Caesars Entertainment Operating Company Incorporated subordinate needs in order to finally ex...

Belle Corporation terminates revenue sharing agreement with LRWC

Adam Morgan

November 7, 2016

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, Philippines

Philippines real estate and investments firm Belle Corporation has announced the termination of its revenue sharing agreement with retail gaming operator Leisure And Resorts World Corporation. According to a...

Sun International’s Graeme Stephens named as new SkyCity CEO

Kim M

November 6, 2016

Australia, Latest Casino and Gambling News, New Zealand, Mergers, Acquisitions & Partnerships

SkyCity Entertainment Group, a New Zealand and Australian casino operator, today announced the appointment of Graeme Stephens (pictured) as the company’s new CEO. The appointment of the 53-year-old Stephens,...

Caesars Entertainment rolls out skill based video gambling machines at all Atlantic City properties

Renee Kingsley

November 5, 2016

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, New Jersey

Caesars Entertainment recently announced that its proposed roll out of skill based video gambling machines (VGMs) at all its Atlantic City properties has been completed and these VGMs are now up and running at ...

Paragon Gaming receives Nevada Gaming Control Board approval for Hard Rock Tahoe

Adam Morgan

November 4, 2016

Latest Casino and Gambling News, Licenses, Mergers, Acquisitions & Partnerships, Nevada

The Nevada Gaming Control Board has unanimously recommended the approval of a series of management and ownership licenses that will see Paragon Gaming acquire a majority interest in the Hard Rock Hotel And Casi...

Ladbrokes Coral Group launches following $2.81 billion merger

Adam Morgan

November 2, 2016

Latest Casino and Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

After 18 months of negotiations, British sportsbetting operators Ladbrokes and Gala Coral Group Limited have completed their $2.81 billion merger to create the biggest retail bookmaker in the United Kingdom wit...

Chow Tai Fook says Stanley Ho to have no part in Baha Mar

Lars Jones

November 1, 2016

Casino Sales, Latest Casino and Gambling News, New Hotels, Casino project updates, Bahamas, Mergers, Acquisitions & Partnerships

Local media is reporting that Baha Mar suitor, Chow Tai Fook Enterprises (CFTE) has told them that Macau gambling king, Stanly Ho will have no part in their Bahamian operations if the conglomerate's bid to acqu...

US$150m loan given to Sun Dreams for Latin America expansion

Kim M

October 30, 2016

Latest Casino and Gambling News, Casino expansion projects, Central & South America Gaming, Chile, Mergers, Acquisitions & Partnerships

The terms of a new loan worth US$150m through Banco de Chile Banks, the BCI, Banco Estado, and the BBVA have been accepted by Sun Dreams in keeping with its plan to expand its footprint in Latin America, accord...

Chow Tai Fook Enterprise set to acquire Baha Mar

Lars Jones

October 28, 2016

Casino Sales, Casino project updates, Bahamas, Economy/Finance, Mergers, Acquisitions & Partnerships

After Chinese Export Import Bank (EXIM) in effect purchased Baha Mar from themselves using a Special Purpose Vehicle (SPV) named Perfect Luck Holdings Limited, it was announced Thursday that Chow Tai Fook Enter...

Mohegan Sun hires ex-Sands exec Robert Rubenstein

Kim M

October 27, 2016

Latest Casino and Gambling News, Tribal Gaming, Connecticut, Mergers, Acquisitions & Partnerships

In a press release on Tuesday, October 25, the Mohegan Tribal Gaming Authority, operator of Connecticut’s Mohegan Sun, announced the hiring of Robert Rubenstein as its new senior vice president and general coun...

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West Virginia casino receives matching funds for planned advertising campaign

Baazov Offers C$3.5 Billion to Buy Amaya

Genting Singapore walking away from Resorts World Jeju development

Genting Hong Kong to add new electronic gaming devices to cruise ships

Horse Racing industry in New Jersey confirms major partnership on eve of casino vote

Caesars Entertainment Corporation unit begins process of raising new financing

Belle Corporation terminates revenue sharing agreement with LRWC

Sun International’s Graeme Stephens named as new SkyCity CEO

Caesars Entertainment rolls out skill based video gambling machines at all Atlantic City properties

Paragon Gaming receives Nevada Gaming Control Board approval for Hard Rock Tahoe

Ladbrokes Coral Group launches following $2.81 billion merger

Chow Tai Fook says Stanley Ho to have no part in Baha Mar

US$150m loan given to Sun Dreams for Latin America expansion

Chow Tai Fook Enterprise set to acquire Baha Mar

Mohegan Sun hires ex-Sands exec Robert Rubenstein

Arizona Sports Betting Surges in September with Record Revenues

UAE Launches Its First Regulated National Lottery: A New Era in Gaming

Navajo Nation Secures Trust Land for Economic Growth and Gaming Facility

Philippines’ Intensified Battle Against POGO Evasion: A Nationwide Enforcement Challenge

Kathy Hochul Vetoes Casino Licensing Bill Amid Process Controversy