Hints and tips:
...The lure of the Premier League encourages big, high risk spending, making England’s second tier the biggest casino, and one of the most exciting leagues, in football....
...Too many and a market begins to look like a casino and raises suspicions of stock manipulation. But they’re not easy to prevent....
...Giphy meets its ‘boomer’ fate In addition to holding the rights to this widely recognised meme, Shutterstock has now picked up a whole trove of lowbrow internet humour....
...to the end of the company life of SVF2 LLC....
...Speaking of Apollo, Sujeet has just published a book on the bankruptcy fight of the famous casino Caesars from a half decade ago, The Caesars Palace Coup....
...When parts of the Harrah’s casino empire entered bankruptcy in 2015, hedge fund creditors including Appaloosa Management and Elliott Management took a tough line....
...confirms talks with Chinese antitrust regulators (FT + Lex) Deutsche Bank plans Asia equity capital markets rebuild (BBG) Stripe’s $95bn price tag heralds internet shift from ads to commerce (FT) US casino...
...Just as creatively, they set up life insurance company Athene Holding, which attracts billions of dollars of life insurance premiums to provide some of the fuel for this $200bn credit machine....
...It was a gamble based on the belief that casinos had weathered earlier recessions well....
...On Monday, his family’s CK Asset Holdings unveiled a £4.6bn takeover of Greene King, the UK’s largest listed pub operator....
...Chief executive Jean-Charles Naouri controls Casino through a series of three publicly listed investment holding companies, each with their own debts....
...The New York Stock Exchange, part of the Intercontinental Exchange, is reportedly setting up an online platform for buying and holding bitcoin....
...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....
...“The casino business has this mathematical beauty to it....
...A small hedge fund holding less than $10m of Caesars Entertainment bonds is pressing claims of wrongdoing by the private equity owners of the US casino group despite other creditor groups agreeing an $18bn...
...as well as its investment in the Alon development site in Las Vegas, its 20 per cent holding in restaurant chain Nobu, its 50 per cent holding in Aspers casino and its investment in Caesars....
...A resolution to the complex $18bn bankruptcy of sprawling US casino group Caesars Entertainment is, at best, months away, but the endgame is now becoming clearer....
...Bats Global Markets and MGM Growth Properties, a real estate investment trust for Las Vegas casino properties, have also recently listed in deals that are trading above the issue prices....
...It would also effectively raise the stake held by Rallye, the heavily indebted holding company controlled by Mr Naouri that owns 48 per cent of Casino (Rallye’s shares fell 1 per cent on Monday)....
...Consolidated casino revenues were down 3.2 per cent for the first nine months of 2014....
...Caesars and Texas utility Energy Future Holdings were among the largest “take private” deals of the boom years....
...It is no coincidence that five of the six Macau casino operators, and four of China’s five biggest banks, include the number eight in their codes....
...A Bitcoin was now worth around $500, sending his holdings into the millions. Initially snubbed by investors and serious business folk, Erik was now attracting a lot of high-powered interest....
...“If you are the controlling shareholder and you wind up holding the debt in a Chapter 11 case, the first thing creditors do is to investigate for claims of equitable subordination,” says the lawyer....
...The chief executive of 888 Holdings took the unusual step of welcoming a dip in the online gambling group’s share price, saying investor excitement at the potential liberalisation of the US market had been...
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