Mergers, Acquisitions & Partnerships | World Casino News

Boyd Gaming negotiating deal to acquire Cannery Casino Resorts

April 21, 2016

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

Yesterday it was revealed that Boyd Gaming is set to acquire Cannery Casino Resorts, a rival company located in Las Vegas, Nevada. According to a report by Reuters, Boyd Gaming is currently negotiating a deal w...

ASF looks to Crown to operate its proposed $2 billion Queen’s Wharf casino

Kim M

April 19, 2016

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

After the sting of losing the rights to build the Queen’s Wharf casino in Brisbane to the Destination Brisbane Consortium (Star Entertainment Group, Chow Tai Fook Enterprises, and Far East Consortium (Australia...

Aransas Pass new destination for Pride of Texas Casino ship

Kim M

April 19, 2016

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

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After efforts to bring his Pride of Texas Casino Ship to Corpus Christi failed, Vidal Conde is now hoping the Aransas Pass city council is receptive to the idea. According to Conde, he has purchased property in...

Pinnacle Entertainment to sell and lease back four Louisiana casinos with Gaming and Leisure Properties

Sadonna Price

April 19, 2016

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

On Monday, Pinnacle Entertainment was given the go-ahead by the Louisiana Gaming Control Board to have the ability to sell and lease back their four gaming properties located within the state. These properties ...

SkyCity not opposed to takeover from The Star

Kim M

April 15, 2016

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

SkyCity Entertainment Group, a New Zealand and Australia casino operator, says it won’t instigate talks but would consider a takeover by Aussie rival The Star Entertainment Group conditional upon the lead being...

$975m – $1.2 billion MGM (RIET) IPO set for Friday; Terms announced

Lars Jones

April 11, 2016

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

MGM Growth Properties LLC MGM Resorts International's (nyse:mgm) real estate investment trust (REIT), has announced the terms of its initial public offering (IPO). The REIT will be birthed with a portfolio con...

Sun International drops Peermont Group acquisition

Lars Jones

April 8, 2016

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

Wednesday South Africa’s Sun International (JSE: SUI) announced that it planned to halt its R9.5 billion ($623 million) plan to take over rival Peermont Group. South Africa’s Competition Commission recommended ...

NYX pulls off £270m acquisition of rival OpenBet

Alex Lanter

April 6, 2016

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

NYX Gaming Group has managed to come to an agreement with OpenBet and confirmed it will be taking over the company for $270 million; the betting technology outfit is currently owned by the hedge funders Vitruvi...

Paddy Power Betfair reveals plans to cut 300 Irish jobs

Alex Lanter

April 5, 2016

Latest Casino and Gambling News, Employment & Careers, Mergers, Acquisitions & Partnerships, Labor Relations, United Kingdom

Now that the €10 billion merger of Paddy Power and Betfair has been completed and the company had enough time to do calculations, the new entity, Paddy Power Betfair, revealed plans to cut around 10% of its wor...

Non-gaming business of Imperial Pacific dropped to focus on Saipan

Kim M

April 3, 2016

Latest Casino and Gambling News, Hong Kong, Mergers, Acquisitions & Partnerships, Saipan

On Tuesday, gaming investor Imperial Pacific International Holdings Ltd (HKG: 1076), which holds a casino license for the Pacific Island of Saipan, said its subsidiaries engaged in other business segments are b...

Genting announces first investment, management deal with Mashpee First Light casino in Massachuetts

Lars Jones

April 2, 2016

Casino News, Economy/Finance, Mergers, Acquisitions & Partnerships, Massachusetts

Genting Malaysia Bhd (GenM) said in a statement this week that the Mashpee Wampanoag Tribe has appointed them as manager of First Light Resort & Casino which is scheduled to break ground in Taunton, Massach...

Nassau OTB to bring 1000 slots to Resorts World Casino at Aqueduct

Lars Jones

April 2, 2016

Latest Casino and Gambling News, Casino expansion projects, Licenses, Mergers, Acquisitions & Partnerships, New York

Nassau County Off-Track Betting Corporation couldn't catch a break after being granted the right to offer slots in 2013 in an effort to bolster revenues and keep the business alive. Protesters and community gro...

MGM bidding on running an arena near its planned casino in Massachusetts

Kim M

April 1, 2016

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

MGM Resorts International is looking to operate a state-owned convention center and arena near its planned $950 million casino in downtown Springfield. On Thursday, the Las Vegas-based company announced it w...

Garapan Annex property eyed by Best Sunshine

Kim M

March 30, 2016

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, Northern Mariana Islands

This article has been updated. A local source reports that Best Sunshine International, owned by Imperial-Pacific, has been eyeing an idle piece of property owned by the Northern Marianas Housing Corp. (NMHC...

Pinnacle Entertainment to take over Meadows Racetrack and Casino for $138 million

Alex Lanter

March 30, 2016

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

In December, 2015, Gaming & Leisure Properties Inc. (GLPI) acquired Meadows Racetrack and Casino for $440 million. Several months later in March, 2016, Pinnacle Entertainment revealed that the company will ...

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Boyd Gaming negotiating deal to acquire Cannery Casino Resorts

ASF looks to Crown to operate its proposed $2 billion Queen’s Wharf casino

Aransas Pass new destination for Pride of Texas Casino ship

Pinnacle Entertainment to sell and lease back four Louisiana casinos with Gaming and Leisure Properties

SkyCity not opposed to takeover from The Star

$975m – $1.2 billion MGM (RIET) IPO set for Friday; Terms announced

Sun International drops Peermont Group acquisition

NYX pulls off £270m acquisition of rival OpenBet

Paddy Power Betfair reveals plans to cut 300 Irish jobs

Non-gaming business of Imperial Pacific dropped to focus on Saipan

Genting announces first investment, management deal with Mashpee First Light casino in Massachuetts

Nassau OTB to bring 1000 slots to Resorts World Casino at Aqueduct

MGM bidding on running an arena near its planned casino in Massachusetts

Garapan Annex property eyed by Best Sunshine

Pinnacle Entertainment to take over Meadows Racetrack and Casino for $138 million

FireKeepers Casino Launches Enhanced Slot Area and Premier Poker Room

MGM Resorts Reaches New Contract with CEO Bill Hornbuckle, Extending Tenure Until 2028

Melco Resorts Sees Growth in Macau, Faces Mixed Results Across Global Properties

Alberta Moves Closer to Launching Regulated Sports Betting Market

Resorts World Las Vegas Leadership Shake-Up Signals New Phase of Growth