Mergers, Acquisitions & Partnerships | World Casino News

Rock Gaming gains 100% ownership of Ohio casino properties from Caesars Entertainment

November 3, 2015

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

On Monday, Caesars Entertainment Corp announced that the management of three casinos in Ohio would begin a transition phase which would see the casinos operated by their former joint venture partners, Rock Gami...

James Packer’s Crown Resorts puts down $100 million for stake in Nobu

Renee Kingsley

October 30, 2015

Australia, Casino expansion projects, Casino openings, Economy/Finance, Asian Casino News, Macau, Oceania Casino News, Mergers, Acquisitions & Partnerships

Aussie billionaire James Packer and his Crown Resorts have been in the limelight for the last week as the Melco Crown recently opened Studio City, a new casino estimated to be around $3.2 billion in Macau and h...

MGM posts unexpected Q3 profits (China falls) plans REIT spinoff

Lars Jones

October 30, 2015

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

While MGM China Holdings Ltd profits showed a more than 30% decline over the same quarter a year ago, MGM Resorts International (MGM) did better overall with US operations compensating for the losses overseas. ...

Coral sells Gala Bingo for £241 million ahead of Ladbrokes merger

Alex Lanter

October 27, 2015

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

The UK gambling operator Gala Coral revealed that it came to an agreement with Caledonia Investments to sell its Gala Bingo retail business for £241 million. The transaction is expected to be completed in the n...

Philadelphia investor gets first green light for casino racetrack near Ohio border

Lars Jones

October 23, 2015

Casino proposals, Horse Racing, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Pennsylvania

The Pennsylvania Harness Racing Commission gave their blessing to a change in ownership and license transfer that is a key first step in bringing Lawrence Downs Casino and Racing Resort near New Castle to fruit...

Bradley International Airport proposed as third Connecticut Casino

D. Graham

October 21, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino proposals, Casino News, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Connecticut, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Massachusetts

In a race to put a third Connecticut casino into operation at least one year before the MGM project in Springfield is scheduled to open, the Mohegan and Mashantucket Pequot tribes are asking for casino proposal...

NJ Casino Commission approves Mohegan Tribe’s online gambling investment, limits their Resorts Casino brick and mortar ownership

D. Graham

October 20, 2015

Latest Casino and Gambling News, Casino News, Tribal Gaming, World Casino News, North America Casino News, Online gambling regulation, Casino project updates, Connecticut, Licensed online casinos in USA, Licenses, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, New Jersey, Pennsylvania, Washington

In the most recent Resorts Casino Hotel management agreement update, the New Jersey Casino Control Commission (NJCCC) will allow the Mohegan Tribal Gaming Authority (MTGA) to invest in Resort’s online gambling ...

Top architects apprehensive about Brisbane casino project

Kim M

October 20, 2015

Casino proposals, Australia, Latest Casino and Gambling News, Casino News, World Casino News, Casino project updates, Gaming Industry News, Licenses, Mergers, Acquisitions & Partnerships, Oceania Casino News

After Echo Entertainment was chosen over competitor James Packer’s Queens Wharf Greenland Crown project to redevelop the Brisbane Queen’s Wharf precinct in July, a group of architects has expressed concerns abo...

Ex-Director of Wynn Resorts Ltd. to return to Las Vegas for questioning

Sadonna Price

October 19, 2015

Latest Casino and Gambling News, Las Vegas, Hong Kong, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Philippines, Nevada

Kazuo Okada formerly held the director position at the top gambling company, Wynn Resorts Ltd., before he was fired from his position, reportedly by Steve Wynn himself. Okada was removed from the board of the c...

Nearly $8 million spent on Showboat Casino by Stockton U

Kim M

October 14, 2015

Casino News, Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Mergers, Acquisitions & Partnerships, Bankruptcy, Fines, Lawsuits & Litigation, New Jersey

Since the purchase of the now retired Showboat Casino in Atlantic City, Stockton University has doled out close to $8 million on the property in just short of a year according to records. After the due dilig...

Newcomer LuckyStreak live dealer games added to CasinoCruise

Kim M

October 13, 2015

Online gaming software, Casino News, Latest Casino and Gambling News, World Casino News, Technology, Gaming Industry News, Mobile gaming, Game manufacturers, Online Gambling News, Mergers, Acquisitions & Partnerships

Live dealer software from casino platform newcomer LuckyStreak has recently been added to CasinoCruise, the award winning European online casino. With Blackjack, Roulette and Baccarat tables, LuckyStreak will b...

DiamondJacks casino to be purchased by managing company

Kim M

October 13, 2015

Casino News, Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Casino closures, Mergers, Acquisitions & Partnerships, Bankruptcy, Mississippi

The Foundation Gaming Group will purchase Vicksburg’s DiamondJacks casino located on the Mississippi River, which the Gulfport-based company has operated since the casino emerged from bankruptcy in 2013, accord...

Retirement plan agreement reached between casino workers and Ontario Lottery

Kim M

October 13, 2015

Casino News, Latest Casino and Gambling News, Canada, World Casino News, Gaming Industry News, Ontario, Lottery, Horse Racing, Mergers, Acquisitions & Partnerships, Labor Relations

A tentative agreement was reached on Friday between unionized workers at a casino and two Ontario racetracks and the Ontario Lottery and Gaming Corporation (OLG), according to a statement issued on Sunday. S...

Cowlitz Tribal Gaming Authority takes on $485 million in debt

D. Graham

October 13, 2015

Casino News, Latest Casino and Gambling News, Tribal Gaming, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Connecticut, Mergers, Acquisitions & Partnerships, Washington

To finance their long-awaited Vegas-style casino resort complex, the Cowlitz tribe, located in southwest Washington State, has assumed $485 million debt due in 2020. Moody’s Investors Service has given the proj...

Ladbrokes seals £1.35bn financing agreements for Gala Coral merger

Alex Lanter

October 13, 2015

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

Ladbrokes has sealed a £1.35 billion debt facility with several banks in order to provide financing ahead of the merger with Gala Coral. The merged company is going to be the biggest bookmaker in the United Kin...

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Rock Gaming gains 100% ownership of Ohio casino properties from Caesars Entertainment

James Packer’s Crown Resorts puts down $100 million for stake in Nobu

MGM posts unexpected Q3 profits (China falls) plans REIT spinoff

Coral sells Gala Bingo for £241 million ahead of Ladbrokes merger

Philadelphia investor gets first green light for casino racetrack near Ohio border

Bradley International Airport proposed as third Connecticut Casino

NJ Casino Commission approves Mohegan Tribe’s online gambling investment, limits their Resorts Casino brick and mortar ownership

Top architects apprehensive about Brisbane casino project

Ex-Director of Wynn Resorts Ltd. to return to Las Vegas for questioning

Nearly $8 million spent on Showboat Casino by Stockton U

Newcomer LuckyStreak live dealer games added to CasinoCruise

DiamondJacks casino to be purchased by managing company

Retirement plan agreement reached between casino workers and Ontario Lottery

Cowlitz Tribal Gaming Authority takes on $485 million in debt

Ladbrokes seals £1.35bn financing agreements for Gala Coral merger

Casino Del Sol Celebrates Key Construction Milestone on New Tucson Casino

DraftKings to Charge Per-Bet Fee in Illinois Starting September

Swedish Government Plans Total Ban on Gambling with Credit

Rulli Bill Would Fund ICE With Gambling Taxes, Sparks Debate

Crown Sydney Denied Poker Machines as Premier Shuts Down Proposal