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...The share price slump has pushed Entain’s market capitalisation to £5.2bn, well below the value of 2021 takeover offers the group received from Las Vegas-based casino group MGM International and Boston-based...
...As always, email me at scott.chipolina@ft.com. Weekly highlights Remember Su Zhu and Kyle Davies?...
...It’s like encouraging people to go to Las Vegas to stick it to The Man through the slot machines. The reality is that no one loves retail investors more than Wall Street....
...Smart reads Miami mogul Property developer Marc Roberts is seeking to reshape Miami’s seedy side into a miniature Las Vegas, the FT writes....
...Welcome back to FT Asset Management....
...It also has a deal with Caesars, ESPN’s exclusive sports book odds data provider and the owner of the Las Vegas studio where the channel films much of its betting programmes....
...The shows will be the singer’s first full live dates since cancelling her planned residency in Las Vegas in January....
...The group’s public distancing from its own billionaire co-founder seemed to reassure Nevada gaming regulators who are evaluating whether Apollo is a fit and proper buyer for the Venetian casino in Las Vegas...
...The publication is owned by Affinity Interactive, a Las Vegas-based company described on its website as “an omni-channel gaming industry leader with an expanded suite of casino and online gaming offerings...
...‘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...
...(Wall Street Journal) Slow retreat The founders of Andreessen Horowitz are taking it easy, stepping back from the daily grind and heading towards luxury houses in Las Vegas....
...Greetings from Las Vegas!...
...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....
...The Las Vegas Sands said in October it would consider offloading its Vegas properties if the price was right, Bloomberg reported....
...Black later admitted that Apollo had “stumbled” and paid too much for the Las Vegas company....
...A $180 charge for a meal with a management team in 2010 turned out to be paid to a vendor called La Contessa — a high-end hair salon rather than a restaurant....
...Even as casino traffic has plummeted by at least a quarter this year in Las Vegas, investors could not be more excited about the gambling business....
...The management team that succeeded them in 1995 included Messrs Lourd, Huvane and Lovett: they diversified the company into sports representation, brand consulting, licensing and investment banking....
...Advisers to the LA Dodgers have indicated that they see a “well-funded but relatively small pool” of potential buyers in Japan....
...Having missed out on licenses in fast-growing Macau that allowed its US peers such as Wynn and Las Vegas Sands to weather the deep slump in 2009-2010 on the Las Vegas Strip, Caesars’ operating subsidiary...
...Caesars shares have fallen more than a quarter since late 2017 on worries about a saturated gaming market in Las Vegas....
...Having missed out on licences in fast-growing Macau that allowed its US peers such as Wynn and Las Vegas Sands to weather the deep slump in 2009-10 on the Las Vegas Strip, Caesars’ operating subsidiary ultimately...
..., making its dramatic entry into the Las Vegas market....
...Zoox tests almost exclusively in the dense cities of San Francisco and Las Vegas — less so on the highways that connect them. That challenge is being solved by groups such as Pronto....
...(FT) The day ahead CES 2020 The world’s biggest technology event will kick off on Tuesday in Las Vegas, where Ivanka Trump will be in attendance....
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