Mergers, Acquisitions & Partnerships | World Casino News

Palms Casino Resort to be acquired by Red Rock Resorts, Inc.

May 11, 2016

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

Yesterday, Las Vegas-based casino operator Red Rock Resorts, Inc. (RRR) announced that it has entered into an agreement with Station Casinos LLC for the acquisition of the Palms Casino Resort located in Las Veg...

Melco Crown buys back stock from Crown Asia; Packer reduces stake by $800m

MacauCasinos.com

May 9, 2016

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

Melco Crown Entertainment has recently announced that it is buying back $800.83 million in company shares from Crown Asia Investments it’s joint venture partner. The two Casino giants have jointly invested and ...

Sale of Nugget Casino now finalized

Kim M

May 7, 2016

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

It’s official, Nevada-based gaming operator, Marnell Gaming, LLC announced that on Friday, May 6, 2016, it had taken ownership of one of Northern Nevada’s largest casinos, the former John Ascuaga’s Nugget in Sp...

Tunica-Biloxi Tribe and Mohegan Tribal Gaming Authority enter into agreement

Kim M

April 29, 2016

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

An announcement was made on Thursday by the Tunica-Biloxi Gaming Authority that an agreement had been signed between it and the Mohegan Tribal Gaming Authority (MTGA) to provide entertainment, hospitality, and ...

Tsogo Sun plan for Western Cape expansion takes a step forward

Adam Morgan

April 27, 2016

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

South African casino operator Tsogo Sun’s plan to purchase significant stakes in two Western Cape properties from rival Sun International has cleared an important hurdle after being approved by shareholders of ...

Ameristar’s plan to sell casino and lease it back, opposed by Union

Kim M

April 27, 2016

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Indiana

A judge is being asked by a labor union that represents workers at the Ameristar Casino located in East Chicago to review the Indiana Gaming Commission’s approval last month of a plan by Pinnacle Entertainment ...

Red Rock Resorts IPO in the works on heels of MGM $1.05b success

Kim M

April 26, 2016

Latest Casino and Gambling News, Las Vegas, Economy/Finance, Mergers, Acquisitions & Partnerships

Las Vegas-based LBO casino operator Red Rock Resorts (RRR) is scheduled to price its initial public offering (IPO) today and could raise $572.25 million, which would make it the second-largest IPO this year, tr...

MGM Resorts closes on REIT IPO and related financial transactions

Adam Morgan

April 26, 2016

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

Casino operator MGM Resorts International has established the MGM Growth Properties LLC subsidiary to handle ten of its properties including The Mirage and Mandalay Bay in Las Vegas. The new publicly traded rea...

High-profile advisers from U.S. named to Imperial Pacific’s new advisory committee

Kim M

April 25, 2016

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

A three-member advisory committee has been established by Hong Kong-listed Imperial Pacific International Holdings Ltd (1076:HKG) to provide the firm’s management with “sound strategic and tactical advice,” rep...

Boyd Gaming acquiring Aliante Casino for $380 Million

Kim M

April 24, 2016

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

On Thursday, Paradise, Nevada-based Boyd Gaming Corp. announced it had reached an agreement to purchase the Aliante Casino & Hotel located in North Las Vegas for $380 million. Acquisition of the nearly 8...

Nevada gaming regulators give final approval to Marnell Gaming for Sparks casino purchase

Sadonna Price

April 23, 2016

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

The Nevada Gaming Commission has given the go ahead to Marnell Gaming LLC in the acquisition of the former John Ascuaga's Nugget in Sparks. The decision comes just two weeks after the Gaming Control Board appro...

Grosvenor Casinos to install Playtech Neon casino management system

Sadonna Price

April 22, 2016

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

With fifty five gaming venues located across the United Kingdom, the Rank Group is the largest chain operator of casinos in the country. Operating the Grosvenor Casinos, the Rank Group has now partnered with Pl...

Boyd Gaming negotiating deal to acquire Cannery Casino Resorts

Sadonna Price

April 21, 2016

Latest Casino and Gambling News, Las Vegas, 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

Casino Cruise Ships, Latest Casino and Gambling News, 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...

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Palms Casino Resort to be acquired by Red Rock Resorts, Inc.

Melco Crown buys back stock from Crown Asia; Packer reduces stake by $800m

Sale of Nugget Casino now finalized

Tunica-Biloxi Tribe and Mohegan Tribal Gaming Authority enter into agreement

Tsogo Sun plan for Western Cape expansion takes a step forward

Ameristar’s plan to sell casino and lease it back, opposed by Union

Red Rock Resorts IPO in the works on heels of MGM $1.05b success

MGM Resorts closes on REIT IPO and related financial transactions

High-profile advisers from U.S. named to Imperial Pacific’s new advisory committee

Boyd Gaming acquiring Aliante Casino for $380 Million

Nevada gaming regulators give final approval to Marnell Gaming for Sparks casino purchase

Grosvenor Casinos to install Playtech Neon casino management system

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

MGCB Takes Action Against Five Unlicensed Online Gambling Sites Exploiting Michigan Players

New Push for Action on Overseas Gambling by Korean Nationals

Virginia Casinos Break Revenue Records in May as Hard Rock Bristol Sets New Highs

Border Restrictions Cause Major Disruptions for Donaco’s Star Vegas Operations

Entain Increases BetMGM 2025 Revenue Forecast Following Strong US Performance