Mergers, Acquisitions & Partnerships | World Casino News

Union challenges Pinnacle casino sale at hearing in Indiana

November 14, 2015

Casino News, Latest Casino and Gambling News, Gaming Industry News, Licenses, Mergers, Acquisitions & Partnerships, Indiana

A union is opposed to the proposed sale of Pinnacle Entertainment Inc.’s casinos to Gaming & Leisure Properties Inc. and at a meeting on Thursday asked the Indiana Gaming Commission to nix the plan, on the ...

James Packer bumps ownership in Crown Resorts to 53.1 percent

Lars Jones

November 11, 2015

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

After a peak price of $18 per share in January 2014, James Packer scooped up 18 million shares in his casino resort company yesterday at a bargain price of $12 each, paying a slight premium over Tuesday's close...

Former Showboat Casino’s uses weighed by Blatstein

Kim M

November 11, 2015

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

Re-opening the former Showboat in Atlantic City as a casino is apparently not out of the question, according to new owner Bart Blatstein who in June redeveloped the Boardwalk’s former Pier Shops complex into Th...

Stockton University reveals buyer identity and makes new agreement for sale of former Showboat casino

Renee Kingsley

November 10, 2015

U.S.A., New Hotels, Casino closures, Economy/Finance, Mergers, Acquisitions & Partnerships, New Jersey

Stockton University has been trying for a number of months to sell the former Showboat casino in Atlantic City after the university realized in retrospect that it had made a bad decision in purchasing this casi...

Mesquite casino takes a gamble on employee ownership

Kim M

November 8, 2015

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

Owners of Nevada’s Eureka Casino Resort are introducing an intriguing business strategy by converting the casino-resort’s retirement account into an Employee Stock Ownership Plan (ESOP). Just off I-15 in Mes...

Stockton’s sale of Showboat to Blatstein delayed until January

Lars Jones

November 7, 2015

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

Stockton University announced Friday that their sale of the former Showboat Casino to Philadelphia developer, Bart Blatstein which was expected to wrap up Monday, will be delayed until mid January. The news was...

Eldorado’s purchase of MGM’s Reno casinos given tentative ok by gaming regulators

Kim M

November 6, 2015

Casino News, Latest Casino and Gambling News, Casino expansion projects, North America Casino News, Casino project updates, Gaming Industry News, Licenses, Mergers, Acquisitions & Partnerships, Nevada

The purchase of Circus Circus Reno and the remaining half of the Silver Legacy from MGM Resorts International by Eldorado Resorts drew praise from Nevada gaming regulators on Thursday. The move by Eldorado Reso...

Washoe Tribe and Poarch Creeks start work on casino project

Kim M

November 5, 2015

Casino News, Latest Casino and Gambling News, Tribal Gaming, North America Casino News, Gaming Industry News, Casino project updates, California, Mergers, Acquisitions & Partnerships, Nevada

On Thursday, the Washoe Tribe of Nevada and California broke ground on its new casino in South Gardnerville, Nevada in Douglass County. The casino will be adjacent to the tribe’s new $11.78 million Wa She Sh...

Casino proposals to be issued by East Hartford, East Windsor this week

Kim M

November 3, 2015

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

The towns of East Hartford and East Windsor are the lone survivors competing for the third casino in Connecticut. Hartford, Enfield and Windsor Locks all responded to proposal requests issued by MM4CT, the t...

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

Sadonna Price

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

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

Latest Casino and Gambling News, Las Vegas, Casino 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

Casino proposals, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Tribal Gaming, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, 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...

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Union challenges Pinnacle casino sale at hearing in Indiana

James Packer bumps ownership in Crown Resorts to 53.1 percent

Former Showboat Casino’s uses weighed by Blatstein

Stockton University reveals buyer identity and makes new agreement for sale of former Showboat casino

Mesquite casino takes a gamble on employee ownership

Stockton’s sale of Showboat to Blatstein delayed until January

Eldorado’s purchase of MGM’s Reno casinos given tentative ok by gaming regulators

Washoe Tribe and Poarch Creeks start work on casino project

Casino proposals to be issued by East Hartford, East Windsor this week

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

Edinburgh Denies Appeal for Proposed Morrison Street Slots Parlour

EQL Games Secures Bullpen Capital Investment to Drive Digital Lottery Growth

Sri Lanka Moves Closer to Establishing Gambling Regulatory Authority

Federal Point-Shaving Investigation Expands Toward Indictments

NBA Star Michael Porter Jr. Sounds Alarm on Growing Player Prop Betting Threats