Hints and tips:
...A clash with $481bn private equity group Apollo over the bankruptcy of casino group Caesars led to Marks falling out with its founder Leon Black — a longtime friend and fellow Milken acolyte....
...“He is continuously updating his list of supporters, contributors, et cetera,” says one person who had recently met with the former president at his Mar-a-Lago resort....
...‘Global cabin fever’ At Blackstone, lockdown tested the survival prospects of some of its live entertainment assets, which include the Bellagio casino in Las Vegas, the Great Wolf Resorts chain of indoor...
...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....
...In Maryland, there is MidCap, which specialises in secured lending to medium-sized businesses, many of them in the healthcare sector....
...The company behind Las Vegas’s Caesars Palace, Harrah’s and Planet Hollywood was about to close a $17bn, debt-laden sale to Eldorado Resorts....
...After a long financial career which included a stint as a junk bond investor at AIG, Reeg has been remaking the once obscure regional casino chain Eldorado Resorts into a gambling powerhouse....
...Eldorado Resorts, a once-obscure US regional casino operator, appears to be yet another Las Vegas newcomer willing to take on long odds....
...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....
...As a part of the restructuring, a separate listed company called Vici Properties was created to own the properties of several Caesars casinos....
...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...
...Shares in UK bookmaker William Hill rose as much as 5 per cent in early trade on Wednesday after the group announced a nationwide partnership with US-based casino operator Eldorado Resorts, accelerating...
...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....
...Concerns over how the attack – the deadliest mass shooting in US history – will affect the tourism trade to Las Vegas also weighed on rival casino and resort operators....
...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....
...Mr Trump initially established contact with the Cordish Companies of Baltimore, Maryland, as an adversary, filing a suit against the family-owned firm in 2004 after it landed a Native American casino deal...
...This year’s event, at the Bellagio resort and casino, featured a speaker appearing by hologram and a performance by Duran Duran where fund managers drank beer and donned glow-stick necklaces....
...At 20 times forward earnings Tropicana shares already look cheap compared with peers Eldorado Resorts and Churchill Downs, which trade at about 25 times....
...Parlaying his knowledge of legal loopholes, he outflanked the likes of Mr Trump to become a significant force in gambling — with his own casino in the Maryland suburbs of Washington DC, a licence to run...
...The project only became possible following a 2012 referendum in which Maryland voters approved proposals for a new casino in the state (despite the operator of a large casino in nearby West Virginia spending...
...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...
...MGM Growth Properties, which is being spun off from MGM Resorts International, has priced its IPO at $21 a share, the company said....
...“These resorts are continuing to gain operating momentum while we continue to make significant progress on our development pipeline in Cotai, Maryland, and Massachusetts,” said Jim Murren, chief executive...
...The planned filing will affect 44 casinos and resorts under the Caesars, Harrah’s and Horseshoe brands, across the US and in five other countries....
...Two listed units of Caesars Entertainment, the troubled casino and resort company, are combining in an attempt to build credibility with creditors ahead of a planned bankruptcy protection filing for its...
International Edition