Mergers, Acquisitions & Partnerships | World Casino News

Tak Chun Group relocates resources to coming Parisian Macao Casino Resort

September 6, 2016

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

Following yesterday’s news that Iao Kun Group Holding Company Limited had closed its operation inside the Sands Cotai Central, fellow Macau VIP junket operator Tak Chun Group has reportedly “suspended” its high...

Intertain Group Limited to seek approval for London relocation plan

Adam Morgan

September 5, 2016

Latest Casino and Gambling News, Canada, Online Gambling News, Mergers, Acquisitions & Partnerships

Toronto-listed online bingo and casino operator Intertain Group Limited has announced that it intends to hold a special shareholders meeting on September 23 where it will ask for approval to initiate a UK-focus...

Scientific Games Corporation strikes deal to purchase Canadian rival

Adam Morgan

September 3, 2016

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

Giant gaming technology provider Scientific Games Corporation has entered into a definitive agreement that could see it purchase Canadian rival DEQ Systems Corporation for around $20.7 million. Las Vegas-bas...

Macau casino operator completes takeover of Laos property

Adam Morgan

September 2, 2016

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

Hong Kong-listed casino operator Macau Legend Development Limited has announced that it has now assumed complete management and operational responsibilities for the Savan Vegas Hotel And Entertainment Complex i...

Novomatic abandons effort to take control of Casinos Austria

Adam Morgan

September 2, 2016

Austria, Latest Casino and Gambling News, European Casino News, Mergers, Acquisitions & Partnerships

Austrian gaming equipment manufacturer Novomatic has abandoned an attempt to increase its stake in local casino operator Casinos Austria following a ruling from the nation’s Federal Competition Authority regula...

Delta Corp to acquire India’s biggest online poker website – Adda52.com

Renee Kingsley

September 2, 2016

Latest Casino and Gambling News, Online Poker, India, Mergers, Acquisitions & Partnerships

Delta Corp Ltd is the biggest hospitality and gaming enterprise in India, operating some of Goa’s most popular onshore and offshore casinos. The company recently filed papers with the National Stock Exchange of...

Frog Lake First Nation proposes gaming development of its own in Alberta

Kim M

August 30, 2016

Latest Casino and Gambling News, Tribal Gaming, Alberta, Casino project updates, Saskatchewan, Mergers, Acquisitions & Partnerships

Plans for casino developments by First Nations on both the Alberta and Saskatchewan side of Lloydminster are moving forward. On August 22, the Federation of Saskatchewan Indian Nations (FSIN) voted to pursue...

PAGCOR casinos to be sold by government

Kim M

August 29, 2016

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

In order to raise money to support the P3.4-trillion national budget for 2017, Philippine Amusement and Gaming Corp.’s (PAGCOR) casinos will be sold by the government. PAGCOR chairperson and one-time Pampang...

Uber’s foray into China cost investors $2 billion in 2 years, $1.27b first half 2016 alone

Martin Chua

August 27, 2016

Latest Casino and Gambling News, China, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

Uber investors saw at least $2 billion wiped off their balance sheet over the last two years from their so-far failed China venture, according to a Bloomberg report. Reuters reported this week that the ride hai...

Affinity Gaming to be bought by New York private equity firm

Adam Morgan

August 24, 2016

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

Asset management specialist Z Capital Group has reportedly agreed a deal that will see its Z Capital Partners private equity arm spend $580 million in order to purchase the remaining shares in American casino o...

The Rank Group remains on the lookout for merger and acquisition opportunities

Adam Morgan

August 23, 2016

Latest Casino and Gambling News, Economy/Finance, Mergers, Acquisitions & Partnerships, United Kingdom

After last week failing in its joint $4 billion bid to buy competitor William Hill, British land-based casino and bingo operator The Rank Group has announced that it is still on the lookout for merger and acqui...

Calata Corporation partners up for new Mactan Leisure City integrated casino resort

Adam Morgan

August 23, 2016

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

Philippines farming products distributor Calata Corporation has announced plans to team up with American firm Sino-America Gaming Investment Group and British Virgin Islands-registered Macau Resources Group Lim...

Isle of Capri Casinos to Sell Lake Charles casino and hotel to Kicks Entertainment

Alex Lanter

August 23, 2016

U.S.A., Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, Louisiana

Kicks Entertainment LLC, a newly created entity that is owned by Laguna Development Corporation and Eagle Holdings, will take over Isle of Capri Casinos Inc. Isle of Capri Casino Hotel Lake Charles. The acquisi...

VisuaLimits brings VL-Focus to the Borgata Hotel Casino And Spa

Adam Morgan

August 22, 2016

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

American casino table limit signage developer VisuaLimits has installed 155 of its two-sided VL-Focus live pit innovations with optical-analytics capabilities at the Borgata Hotel Casino And Spa in Atlantic Cit...

Paradise Group makes first American purchase

Adam Morgan

August 22, 2016

Latest Casino and Gambling News, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

South Korean casino operator Paradise Group has made its first acquisition in the United States after spending $26 million in order to purchase a 167-room hotel in downtown Orlando, Florida. Responsible for ...

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Tak Chun Group relocates resources to coming Parisian Macao Casino Resort

Intertain Group Limited to seek approval for London relocation plan

Scientific Games Corporation strikes deal to purchase Canadian rival

Macau casino operator completes takeover of Laos property

Novomatic abandons effort to take control of Casinos Austria

Delta Corp to acquire India’s biggest online poker website – Adda52.com

Frog Lake First Nation proposes gaming development of its own in Alberta

PAGCOR casinos to be sold by government

Affinity Gaming to be bought by New York private equity firm

The Rank Group remains on the lookout for merger and acquisition opportunities

Calata Corporation partners up for new Mactan Leisure City integrated casino resort

Isle of Capri Casinos to Sell Lake Charles casino and hotel to Kicks Entertainment

VisuaLimits brings VL-Focus to the Borgata Hotel Casino And Spa

Paradise Group makes first American purchase

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