Hints and tips:
...Out of luck Jean-Charles Naouri had a chance to salvage Casino five years ago and blew it. Now, the French tycoon’s tight grip over the debt-crippled grocery empire has backfired, the FT reports....
...One thing to start: Tribune Publishing’s board has recommended shareholders back a takeover offer by hedge fund Alden Capital rather than a higher offer from a Baltimore-based hotel magnate who wants to...
...Casinos have caught on, and are angling to get in on the game....
...Hotel chain Marriott tapped the bond market this week, while earlier this month Texan billionaire Tilman Fertitta raised debt backing his casino and restaurant empire at more than 14 per cent — the highest...
...(The Ringer) Check out Oyo Thousands of Indian hotels have put themselves in the hands of hotel aggregator Oyo. Can the company convince US clients to do the same as it eyes global dominance?...
...Caesars is an operating company that manages hotels and casinos. Vici Properties is a listed real estate investment trust that owns the properties and leases them back to Caesars....
...Mr Barrack fetched a price of $400m — more than anyone had ever paid for a single hotel. The buyer was Mr Trump....
...Nevertheless, he pointed to pressure in Atlantic City, one of the largest US casino hubs, where, he said, “there is not enough room for this many casinos”....
...This week, the man posing as Mr Horobin agreed to meet Mr Block at a hotel in New York. The Financial Times witnessed the meeting....
...Las Vegas police said the suspected gunman opened fire from his room on the 32nd floor of the Mandalay Bay Hotel and Casino into the crowd of 22,000 attending the Route 91 Harvest Festival....
...Gaming revenues in Macau, the only place in China where casinos are legal, have tumbled for all casino operators in the former Portuguese colony amid a government crackdown on corruption and the broader...
...Hills, and the Park Lane hotel purchased from the Helmsley family trust....
...The group’s hotels and casinos, including the flagship Caesars Palace in Las Vegas, never saw their business fully recover....
...Caesars Acquisition also holds properties including Planet Hollywood and the newly renovated Quad Hotel in Las Vegas, now rebranded as the Linq Hotel....
...Wild nights appear mandatory – unsurprising given Salt is held at the Bellagio, the showy hotel and casino on the Vegas strip famed for its dancing fountains....
...The poker dealer who had been hired for the occasion from a local casino had left a half hour earlier, but the remaining players had convinced her to leave the table and cards so that they could keep playing...
...The company has assets under management of $23bn and owns scores of hotels and casinos....
...Before 2011, Qatari Diar already had stakes in Vinci, a construction group, in the utility companies Suez Environnement and Veolia, and in prominent hotels and casinos in the south of France....
...He moves outside the charmed circle of alumnae of the country’s grandes ecoles elite, having studied instead at Switzerland’s Lausanne Hotel School, followed by a management programme at Cornell University...
...At the same time, Mr Seymour says opening the country to casinos could have a huge impact on the tourism market. “The amount of revenue that would generate is substantial,” he says....
...Net debt fell by €504m to €266m and gearing fell to 6 per cent from 18 per cent in 2010, reflecting too the disposal of the group’s stake in the Groupe Lucien Barrière hotels and casinos business, and Lenôtre...
...Qatar has bought large stakes in casinos and hotels in Cannes, while also investing €50m in the impoverished Paris suburbs....
...When asked how many of his friends worked in the casino industry, el-Amin says: “There’s a cousin who works at Ameristar [another hotel casino] as a house-keeper” – meaning a cleaner....
...Last year, a Japanese consortium came forward with a plan to lease the ship as temporary housing for tsunami victims before refitting it as a floating casino offshore China, according to people aware of...
...Since investing in Accor, Europe’s largest hotels group, in 2005, two chief executives and a chairman left their jobs suddenly....
International Edition