Tagged bellagio las vegas

The Blackstone Group Incorporated floats Crown Resorts Limited takeover proposal

March 22, 2021

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

American private equity management firm The Blackstone Group Incorporated has reportedly lodged a $6.2 billion offer that could see it take over Australian casino operator Crown Resorts Limited. According to...

Enthusiastic gamblers welcome re-opening Las Vegas Strip casinos

Adam Morgan

June 8, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Casino openings, Gaming Industry News, Economy/Finance

The almost twelve-week coronavirus-related shuttering of casinos in Nevada ended early on Thursday morning with the re-opening venues along the world-famous Las Vegas Strip reportedly being met by ‘long lines a...

Melco Resorts and Entertainment Limited abandons Australian pursuit

Adam Morgan

April 29, 2020

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly sold its entire stake in counterpart Crown Resorts Limited to a subordinate of American private equity firm The Blackstone Group In...

MGM Resorts Incorporated inks lease-back deals for pair of Las Vegas venues

Adam Morgan

January 15, 2020

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

After inking a lease-back agreement for its Bellagio Las Vegas venue in October and American casino giant MGM Resorts International has now announced the signing of a similar deal covering its MGM Grand Las Veg...

MGM Resorts International soliciting interest in pair of Las Vegas properties

Adam Morgan

November 12, 2019

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

After recently inking lease-back deals for a pair of its properties and American casino operator MGM Resorts International is now reportedly trying to similarly offload its MGM Grand Las Vegas and Mandalay Bay ...

MGM Resorts Limited agrees Bellagio Las Vegas lease-back deal

Adam Morgan

October 16, 2019

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

American casino operator MGM Resorts International is reportedly set to receive a cash infusion of about $4.2 billion after agreeing a deal to sell its Bellagio Las Vegas property to private equity firm Blackst...

MGM Resorts International close to selling Circus Circus Las Vegas

Adam Morgan

September 24, 2019

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

American casino operator, MGM Resorts International, is reportedly in advanced talks to offload its family-friendly Circus Circus Las Vegas property to an entity controlled by the man behind the nearby Treasure...

MGM Resorts International eyeing MGM Grand and Bellagio Las Vegas sales

Adam Morgan

September 17, 2019

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

American casino operator, MGM Resorts International, is reportedly engaged in advanced negotiations that could see it sell its MGM Grand and Bellagio Las Vegas properties to private equity firm, Blackstone Grou...

2019 WPT FIVE DIAMOND WORLD POKER CLASSIC

Lloyd Zakeo

July 17, 2019

World Poker Tour will run the 2019 WPT Five Diamond World Poker Classic at the Bellagio Las Vegas from 16th till 12th of December. Date & Time Event Name Buy-in Thu 05 Dec at 10:00 am Senior...

MGM Resorts International initiates further round of job cuts

Adam Morgan

June 1, 2019

Latest Casino and Gambling News, Las Vegas, Economy/Finance, Labor Relations

American casino operator MGM Resorts International has reportedly initiated the final stage of the MGM 2020 cost-saving initiative it first unveiled in January by announcing the elimination of a further 1,070 j...

2019 Bellagio Cup XV

Lloyd Zakeo

April 6, 2019

2019 Bellagio Cup will be running its 15th edition on the 7th till 14th July at Bellagio Las Vegas. Date & Time Event Name Buy-in Sun 07 Jul at 2:00 pm Bellagio Cup XV Sun 07 Jul at 2:00 ...

MGM 2020 initiative launched by MGM Resorts International

Adam Morgan

January 4, 2019

Latest Casino and Gambling News, U.S.A., Economy/Finance

After recently seeing the value of its shares hit a two-year low, global casino operator MGM Resorts International has announced the launch of a new strategy that it hopes will reduce costs and improve efficien...

MGM Resorts International agrees NBA data and branding partnership

Adam Morgan

August 1, 2018

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

Yesterday saw American casino giant MGM Resorts International ink a partnership deal with the National Basketball Association (NBA) only a day after finalizing a related joint venture agreement with British onl...

Successful year for MGM Resorts International

Adam Morgan

February 22, 2018

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance

American casino giant MGM Resorts International has released its unaudited financial results for the twelve months to the end of December showing that it experienced an almost 80% increase year-on-year in net i...

New Jersey and Maryland investments boost MGM Resorts International results

Adam Morgan

April 28, 2017

Latest Casino and Gambling News, Economy/Finance, Nevada

International casino operator MGM Resorts International has released its unaudited financial results for the initial three months of 2017 showing a 22% increase year-on-year in overall net revenues to $2.7 bill...