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Mergers & Acquisitions
Raine bags $65mn fee advising WWE on Endeavor takeover
...The bank advised Vince McMahon on the revival of the XFL, a professional American football league, in 2020....
May 17, 2023
North American prime property
Hot property: five homes for sale around Lake Michigan
...The main home features a library, office space and a gallery opening on to a large terrace while a home cinema, exercise room, bar and wine cellar allow for year-round entertainment....
April 18, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
Flutter Entertainment PLC
Paddy Power owner Flutter hopes US listing will draw in retail investors
...It recorded a net loss of $1.2bn for 2023, partly dragged down by an impairment charge related to the trademark of its online casino brand PokerStars....
April 1, 2024
European prime property
Homebuyers love the quiet charm of Cannes beyond the Croisette
...This summer’s big event will be the reopening of Palm Beach, a former 1920s casino, after a €200mn redevelopment, as an entertainment and dining venue that will include France’s first Zuma restaurant....
March 7, 2024
InterviewProperty sector
From strip club to luxury towers: the developer looking to transform Miami
...“It’s going to be like a casino without a casino,” said Roberts. Meanwhile, the ground is being cleared for a second tower, which will be connected to the first by a skybridge....
January 30, 2024
News in-depthSport
Super Bowl comes to Las Vegas as it reinvents itself as a sports mecca
...As the sports world descends on Las Vegas, it is imbuing competitive entertainment with the glitz of the region....
February 10, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
LexMGM Resorts International
MGM: casino hack shows investors need to think more about cyber security risks Premium content
...Casino operators MGM Resorts and Caesars Entertainment are the latest high-profile victims....
September 14, 2023
Google LLC
Google engineer charged with AI secrets theft while working for Chinese groups
...The Biden administration has moved to ban some US investment into China’s quantum computing, advanced chips and AI sectors in an effort to stop the Chinese military from accessing American technology and...
March 6, 2024
Donald Trump
Billionaire John Paulson to hold megadonor fundraiser for Trump
...“This support, along with the landslide victory he achieved in the primaries, shows his strong support among Americans.”...
March 19, 2024
The Trump machine
The Trump machine: the former president’s dash for campaign cash
...But he also wanted to express his gratitude for the Trump administration’s decision to approve an application allowing him to develop a North Carolina casino with a Native American tribe....
April 2, 2024
US Election Countdown
Can Donald Trump win over his party’s biggest donors?
...Trish Duggan, ex-wife of venture capitalist Bob Duggan, and World Wrestling Entertainment co-founder Linda McMahon....
April 2, 2024
Corporate bonds
Gramercy bets on beaten-down Chinese property company bonds
...He said the South American country had benefited from the easing of US sanctions on its oil industry in October and the entry of US companies such as Chevron....
January 9, 2024
LexTravel & leisure industry
Bowlero: selling boozy strikes turns into roll-up opportunity
...To raise cash, the company recently completed a $439mn sale-leaseback transaction with Vici Properties, best known as a Las Vegas casino landlord....
November 7, 2023
News in-depthMark Cuban
Mark Cuban considers his next gamble after sale of Dallas Mavericks stake
...Cuban parlayed his wealth into the ultimate American status symbol: buying a professional sports team....
December 8, 2023
Due Diligence
Tiger Global readies for new private bets Premium content
...thing to start: New York Community Bancorp has replaced its chief executive and identified “material weaknesses” in internal controls, amid worries about the US regional lender’s exposure to the commercial property...
March 1, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
News in-depthDonald Trump
Trump’s legal woes add new twist to Wall Street tower’s tangled story
...made a bundle and repaired his reputation after his casinos went bust....
March 12, 2024
News in-depthFootball
‘A PR nightmare’: Lionel Messi’s Hong Kong no-show hits Inter Miami brand
...“Iconic American sports figures are interested in soccer now because of Messi.”...
February 9, 2024
Disrupted Times
Brussels blasts Big Tech
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
March 25, 2024
ReviewNon-Fiction
Property by Rowan Moore — it’s never just bricks and mortar
...Some are pretty radical — such as the all-African-American farm collective in Georgia — while others are perfectly humdrum....
November 28, 2023
Citadel LLC
‘The Citadel migration’ shaking up Miami’s luxury property market
...“They’re not searching for $5mn properties, they’re looking more at the $2mn properties. “They want to go to the same schools, and eat at the same restaurants . . . they want the fairy tale as well.”...
September 2, 2023
UK honours system
Stephen Schwarzman given honorary British knighthood
...Since then, the $1tn asset management giant has invested more than £70bn in the country, buying large companies such as Legoland owner Merlin Entertainments and property that spans residential housing, railway...
March 1, 2024
US Election Countdown
The Republican megadonors paying up for dinner with Donald Trump
...Others ponying up to co-chair the event include sugar tycoon Pepe Fanjul, casino magnates Steve Wynn and Phil Ruffin, World Wrestling Entertainment co-founder Linda McMahon and conservative megadonors Robert...
March 21, 2024
Rana Foroohar
To surge or not to surge, the algorithm is the question
...Meanwhile, there are several private cases being brought against hotels and casinos for online price fixing....
March 10, 2024
News in-depthGambling industry
Blackstone-backed business cornered critical part of US betting market
...Betting had previously been allowed only in casinos in Nevada and a handful of other states. Since the 2018 Supreme Court ruling, Americans have bet nearly $300bn online....
January 16, 2024
Travel & leisure industry
Macau casinos mount comeback as mass-market players return
...Macau casino groups have enjoyed a rebound in the first quarter, with Galaxy Entertainment on Monday becoming the latest to report a big recovery in revenues after the lifting of Covid-19 restrictions....
May 22, 2023

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