Mergers, Acquisitions & Partnerships | World Casino News

Iao Kun to enter Australian market; operator buys up internal junket assets for Crown casinos

May 19, 2015

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

A deal has been completed with the Iao Kun Group Holding Co Ltd that will allow the firm to develop its casino junket operations at Crown Melbourne Casino and Crown Perth Casino in Australia. In a press rele...

Okada Group confirms new partner who will help launch casino in Manila

Renee Kingsley

May 19, 2015

Casino project updates, Mergers, Acquisitions & Partnerships, Philippines

The Philippines is becoming one of the hottest destinations in Asia for gamblers as foreign enterprises continue to invest heavily into setting up mega-casino resorts in the country. The government of the Phili...

Century Properties drops suit against Okada

Sam Mitchell

May 15, 2015

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

On May 14th 2015, Century Properties Group Inc., a real estate company in the Philippines said that it would be terminating a lawsuit against companies controlled by Kazuo Okada, the Japanese gaming entrepreneu...

The Mantra Resort Spa and Casino has been Sold in Uruguay

Sam Mitchell

May 10, 2015

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

It was announced on Friday that Jorge Alberto Goitia, who is an Argentine businessman, along with a number of European operators and Uruguayan investors have bought the Mantra Resort and Casino that is situated...

Reno’s Siena Hotel Spa Casino changing ownership again

Sadonna Price

May 7, 2015

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

The Grand Siena LLC announced on Monday that the company will be selling the Siena Hotel Spa Casino located in Downtown Reno sometime this summer. The 14 year old property will now see its 3rd owner since openi...

Mohegan Sun and Foxwoods warn of nearly 10,000 job losses

Sam Mitchell

May 6, 2015

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

On Monday, May 4, 2015 Mohegan Sun and Foxwood Tribal Chiefs and gambling bosses spoke with the local Hartford, Connecticut council about their plans for building a casino. The two tribes indicate the project i...

Pinnacle Entertainment potential property sale to GLPI

Sam Mitchell

May 5, 2015

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

Pinnacle Entertainment confirmed the company is in discussions with Gaming and Leisure Properties Inc. (GLPI) regarding a potential real estate sale. The announcement was made May 4, 2015 by a company press rel...

MGM/Jett Gaming LLC close on Gold Strike Casino

Lars Jones

May 4, 2015

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

JETT Gaming LLC and Jean Ventures, LLC have become the second operators in as many months to buy up a small Nevada casino from MGM Resorts International. The Gold Strike Hotel and Gambling Hall in Jean, Nevada ...

Penn National Gaming to buy Tropicana Las Vegas

Lars Jones

April 29, 2015

Mergers, Acquisitions & Partnerships, Nevada

Tropicana Las Vegas is being sold to Penn National Gaming Inc. for $360 million. The deal was announced today. The iconic hotel and casino has been on the the Las Vegas Strip for nearly 60 years and has seen ab...

Tony Fung to list Canberra Casino on ASX with Discovery Resources

Sam Mitchell

April 20, 2015

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

Discovery Resources is acquiring Canberra Casino in a move to enter the entertainment industry from its current position in the natural resources sector. The acquisition will lead Discovery Resources to change ...

South Korean casino operator GKL denies partnership plans with US Mohegan Tribe

Sam Mitchell

April 16, 2015

Latest Casino and Gambling News, Casino proposals, Casino News, North America Casino News, Mergers, Acquisitions & Partnerships, South Korea

Korea Economic Daily quoted investment banking sources this week and announced that Grand Korea Leisure Co Ltd had plans to enter into a partnership with the Mohegan Tribe to construct a billion dollar casino...

AGA wants partnership with state AG’s to crackdown on illegal gambling

Sam Mitchell

April 14, 2015

Casino News, Latest Casino and Gambling News, North America Casino News, Mergers, Acquisitions & Partnerships, Crime

Casino groups including owners and machine manufacturers would like to team up with the National Association of Attorney Generals to stop illegal gambling. In a Monday April 13, 2015 press conference, Geoff Fre...

Railroad Pass, oldest operating casino in US sold to Henderson real estate developer

Sadonna Price

April 3, 2015

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

Railroad Pass is considered the oldest casino in the state of Nevada still active today after opening in 1931. The casino was recently purchased by Joe DeSimone Jr. from MGM Resorts International for an undiscl...

Casino union employees want purchase of Pinnacle Entertainment assets stopped

Sam Mitchell

April 2, 2015

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

The union representing casino employees is asking for the Missouri Gaming Commission to step in and stop a hostile purchase of Pinnacle Entertainment Corp casino's real estate assets. The purchase offer has bee...

Donaco won’t close on Poipet casino before July

Sadonna Price

March 31, 2015

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

Donaco International is a casino operator based in Australia that is set to acquire the Star Vegas Resort and Club which is located in Poipet, Cambodia. The company is set to close on the property by July 1st. ...

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Iao Kun to enter Australian market; operator buys up internal junket assets for Crown casinos

Okada Group confirms new partner who will help launch casino in Manila

Century Properties drops suit against Okada

The Mantra Resort Spa and Casino has been Sold in Uruguay

Reno’s Siena Hotel Spa Casino changing ownership again

Mohegan Sun and Foxwoods warn of nearly 10,000 job losses

Pinnacle Entertainment potential property sale to GLPI

MGM/Jett Gaming LLC close on Gold Strike Casino

Penn National Gaming to buy Tropicana Las Vegas

Tony Fung to list Canberra Casino on ASX with Discovery Resources

South Korean casino operator GKL denies partnership plans with US Mohegan Tribe

AGA wants partnership with state AG’s to crackdown on illegal gambling

Railroad Pass, oldest operating casino in US sold to Henderson real estate developer

Casino union employees want purchase of Pinnacle Entertainment assets stopped

Donaco won’t close on Poipet casino before July

Review Clears SkyCity Adelaide to Retain Licence Under Strict Oversight

Mohegan Reports Strong Digital Gains Despite Lower Q3 Revenues

Galaxy Entertainment Sees Growth as Capella and Events Drive Q2 Results

Star Entertainment Seals Deal to Exit Brisbane Casino Operations

Pennsylvania Senate Approves Bill to Cut Minimum Casino Slot Machine Count