Mergers, Acquisitions & Partnerships | World Casino News

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

November 8, 2016

Horse Racing, Latest Casino and Gambling News, Gaming Law & Legislation, 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, Chile, Central & South America Gaming, 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, Bahamas, Casino project updates, 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...

King’s Casino Rozvadov signs new deal with WSOP

Sadonna Price

October 26, 2016

Latest Casino and Gambling News, Poker Tournaments, Czech Republic, Mergers, Acquisitions & Partnerships

King’s Casino, located in Rozvadov, Czech Republic has been very successful in hosting World Series of Poker Events, so much so that the venue has secured 2017 and 2019 events before this year’s scheduled event...

William Hill retail network to include new content by Lightning Box Games

Sadonna Price

October 25, 2016

Latest Casino and Gambling News, Game manufacturers, The Players Lounge, Mergers, Acquisitions & Partnerships, United Kingdom

William Hill is a top operator of betting shops in the United Kingdom, offering thousands of facilities across the country. The gambling operator recently announced that as many as 2,300 of their betting shops ...

$160m Sheraton Mirage acquisition by Star consortium to be finalized

Kim M

October 25, 2016

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

A Star Entertainment-led international joint venture is in the process of wrapping up a deal to pay as much as A$160 million ($121.7 million) for the Sheraton Grand Mirage Resort, a beachfront resort in Gold Co...

Export-Import Bank of China affiliate new owner of Baha Mar

Lars Jones

October 23, 2016

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

The beleaguered $3 billion-plus Baha Mar resort in the Bahamas has emerged from uncertainty by having its assets sold to an affiliate of the project’s primary lender, Export-Import Bank of China. The sale to th...

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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

King’s Casino Rozvadov signs new deal with WSOP

William Hill retail network to include new content by Lightning Box Games

$160m Sheraton Mirage acquisition by Star consortium to be finalized

Export-Import Bank of China affiliate new owner of Baha Mar

Gambling Syndicates in Malaysia Use Foreign Identities to Mask Illicit Activities

Wyoming Legislature Proposes Significant Tax Increases on Gambling Industries

FanDuel Explores Partnership with Kalshi to Enter the Prediction Market Space

Tabcorp Fined Over $4 Million for Spam Law Breaches in VIP Marketing Campaigns

Japan Cracks Down on Illegal Online Gambling by Blocking Access to Foreign Casinos