Mergers, Acquisitions & Partnerships | World Casino News

Macau Legend Development Ltd decides to sell its Pharaoh’s Palace Casino to stakeholder

March 28, 2016

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

Macau’s casino industry saw a decline of 34.3 percent in gross gaming revenue during 2015 and Pharaoh’s Palace Casino had similar margins, witnessing a drop of 34.7 percent in gross gaming revenue, bringing in ...

Plan for $1.3B NFL-grade stadium laid out by Las Vegas Sands

Kim M

March 27, 2016

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

Executives from the Las Vegas Sands Corporation say they’re serious about obtaining approval to build a $1.3 billion stadium at UNLV and hopefully attract an NFL team. At a meeting on Thursday of the Souther...

Lippo Group no longer interested in “any gaming aspect” of Caesars Incheon casino: Plus So. Korea update

Lars Jones

March 26, 2016

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

In a filing with the Hong Kong stock Exchange this week Lippo Worldwide Investments stated that it was in negotiations with Caesars Entertainment over a possible sale of its stake in their planned $739 million ...

Junket company Jimei looks to coastal Cambodia for integrated casino resort

Lars Jones

March 25, 2016

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

A recent filing by Jimei International Entertainment Group Ltd. with the Hong Kong Stock Exchange indicates that the company plans to develop an integrated-entertainment complex in Cambodia with two other parti...

Microsoft announces new tournament platform for Xbox Live

Sadonna Price

March 18, 2016

Online gaming software, Latest Casino and Gambling News, Technology, Mergers, Acquisitions & Partnerships

The 2016 Game Developers Conference has concluded and during the conference, Microsoft made several big announcements. The company plans on evolving their Xbox product to coincide with the ever-growing eSports ...

Little Creek Casino Resort partners with IGT for casino management systems

Sadonna Price

March 16, 2016

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

It was announced on Monday that the Little Creek Casino Resort of Washington has partnered with International Game Technology for a replacement casino management system. The resort will be replacing their entir...

Ruby Seven Studios acquired by Delaware North

Sadonna Price

March 14, 2016

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

Top social casino developer, Ruby Seven Studios, was recently acquired by Delaware North, a food service and hospitality company known worldwide for their services. Delaware North is also an operator of regiona...

Skrillex and Tommy Trash to open WAV Nightclub in Atlantic City April 1, 2

Sadonna Price

March 11, 2016

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

A brand new nightclub is set to open in early April on Playground Pier at Caesars in Atlantic City. WAV Nightclub will be in full swing starting on the 1st of April with performances by Skrillex and Tommy Trash...

China online retailer Alibaba makes big gambling moves in lottery and poker

Lars Jones

March 8, 2016

China, Lottery, Mergers, Acquisitions & Partnerships, Fantasy eSports

Alibaba Group Holding Ltd. and affiliates are reported to be investing HK$2.39 billion ($308 million) to gain about 59% control of AGTech Holdings Ltd. in a return to the lottery market after exiting due to gov...

Beau Rivage Casino adding more cities, flying more tourists to South Mississippi

Kim M

March 5, 2016

Latest Casino and Gambling News, Casino expansion projects, Mergers, Acquisitions & Partnerships, Mississippi

More people who have never been to South Mississippi will have the opportunity to rectify that now that Beau Rivage Resort & Casino is expanding its charter program to additional cities. The Rivage already ...

Carl Icahn not interested in investing in Trump Taj Mahal if casinos are approved up North

Sadonna Price

March 3, 2016

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

Carl Icahn, a multi-billionaire businessman, is the new owner of the Taj Mahal in Atlantic City, who was planning on investing $100m into the property. However, Icahn is now stating that he will not invest the ...

Sun International seeks settlement in lost Peermont bid; Hopes to save Menlyn Maine

Lars Jones

February 28, 2016

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

Sun International announced Tuesday that they are seeking a R675 million settlement with Peermont after their bid to merge the two companies under Sun was blocked by South Africa's Competition Commission in Dec...

Taj Mahal emerges from bankruptcy

Lars Jones

February 27, 2016

Casino News, Latest Casino and Gambling News, Economy/Finance, Mergers, Acquisitions & Partnerships, Bankruptcy, New Jersey

Friday saw the Trump Taj Mahal Casino in Atlantic City come out of bankruptcy thanks to billionaire investor, Carl Icahn's Icahn Enterprises LP. The property had been in Chapter 11 and Icahn's buyout of the deb...

Real-time slots bonusing program launched at Foxwoods

Kim M

February 27, 2016

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

On March 1st, North America’s largest resort casino, Foxwoods Resort Casino in Mashantucket, Connecticut, will launch FoxPerx, an exciting new daily slots bonusing program for members of its Foxwood Rewards. Me...

$10 billion hotel and casino planned for Rota by IH Group

Sadonna Price

February 27, 2016

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

IH Group’s president II Hwan Kim and vice president Edward Atalig Hocog Jr. have announced they are planning to construct a casino and hotel on the island of Rota with a price tag of $10 billion. The plans woul...

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Macau Legend Development Ltd decides to sell its Pharaoh’s Palace Casino to stakeholder

Plan for $1.3B NFL-grade stadium laid out by Las Vegas Sands

Lippo Group no longer interested in “any gaming aspect” of Caesars Incheon casino: Plus So. Korea update

Junket company Jimei looks to coastal Cambodia for integrated casino resort

Microsoft announces new tournament platform for Xbox Live

Little Creek Casino Resort partners with IGT for casino management systems

Ruby Seven Studios acquired by Delaware North

Skrillex and Tommy Trash to open WAV Nightclub in Atlantic City April 1, 2

China online retailer Alibaba makes big gambling moves in lottery and poker

Beau Rivage Casino adding more cities, flying more tourists to South Mississippi

Carl Icahn not interested in investing in Trump Taj Mahal if casinos are approved up North

Sun International seeks settlement in lost Peermont bid; Hopes to save Menlyn Maine

Taj Mahal emerges from bankruptcy

Real-time slots bonusing program launched at Foxwoods

$10 billion hotel and casino planned for Rota by IH Group

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