Hints and tips:
...Entain’s management also drew criticism from investors for walking away from two takeover approaches from US gambling operators MGM Resorts International and DraftKings, that valued it at a premium....
...Weil, Gotshal & MangesO: 6; L: 6; I: 6; Total: 18The firm included a governance structure to deal with conflicts of interest in the sale of casino operator MGM Resorts International and real estate investment...
...More recently Apollo acquired the operations of Las Vegas Sands marquee resort and casino The Venetian for $2.25bn, the Great Canadian Gaming for $2.5bn and the Italian sports-betting group Gamenet....
...US casino operator Eldorado Resorts has clinched a merger with rival gaming group Caesars Entertainment, in a cash-and-stock deal that values Caesars at roughly $17.3bn including debt....
...US casino operator Eldorado Resorts is close to agreeing a merger with rival gaming group Caesars Entertainment, in a cash and stock deal that would value Caesars at about $18bn including debt, according...
...Mississippi, for example, allows mobile betting but only within casino grounds. New York only allows sports betting in three selected casinos....
...At a capital markets day in May, Adam Greenblatt, chief executive of GVC’s joint venture with US casino company MGM Resorts, said that America was “undoubtedly the biggest market and growth opportunity for...
...He said the company’s joint venture with casino group MGM Resorts, was “on track” for a full online launch ahead of the NFL season in September....
...William Hill said it planned to open five sportsbooks in five properties “within weeks,” in New Jersey, West Virginia and Mississippi....
...William Hill’s slick competitor GVC has set up a joint venture with MGM Resorts, which, in contrast, has a tenth of the US casino business....
...Shares in MGM Resorts International, whose Mandalay Bay property in Vegas was stormed by police in the wake of the attack, fell 4.5 per cent in pre-market trading....
...Gamblers could rack up points by betting at Caesars’ small-time casinos in Illinois or Mississippi, then use those points at glitzier resorts in Las Vegas or Atlantic City....
...MGM Growth Properties, which is being spun off from MGM Resorts International, has priced its IPO at $21 a share, the company said....
...Nissan, Toyota and MGM Resorts International have all lodged protests with state authorities in Mississippi, while PayPal has dropped plans to invest $3.6m in a new global operations centre in North Carolina...
...In Mississippi, big employers including Tyson Foods, MGM Resorts, Nissan and Toyota have voiced objections to a new law allowing businesses to refuse to serve LGBT people on religious grounds....
...Excluding its China operations, MGM recorded 4 per cent growth from the Las Vegas Strip, Detroit and Mississippi....
...Indeed, they are becoming what private equity used to be — the buyers of first resort. It is a dramatic turnround....
...AEG is also working with MGM Resorts in Las Vegas to develop an arena in the US gambling capital....
...(Financial Times) MGM China’s new Macau casino approved: “MGM China Holdings, a venture between a daughter of casino mogul Stanley Ho and MGM Resorts International, received formal government approval to...
...In Caesars home Las Vegas market, the opening of MGM Resorts’ $9bn CityCenter project increased room capacity in the city at the worst possible time, which has depressed room rates for rival operators....
...Other assets include US retailer Barneys and MGM Resorts....
...Other assets in Dubai World’s widespread portfolio include Barney’s, the US retailer, and MGM Resorts....
...Vietnam has only issued one gaming licence and plans to make a resort casino the centrepiece of the $4.2bn Ho Tram strip resort complex on beachfront land 130 kilometers from Ho Chi Minh City....
...One had gone to Mr Ho’s Sociedade de Jogos de Macau, the others to MGM Mirage’s US rivals, Las Vegas Sands and Wynn Resorts....
...Donald Trump has resigned from the board of Trump Entertainment Resorts after falling out with the company’s bondholders who want the casino operator to file for bankruptcy protection....
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