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DraftKings
DraftKings discussed bid for William Hill owner 888
...Las Vegas-based casino operator MGM Resorts International, which runs a US joint venture under the name BetMGM, also had a bid rejected for the Ladbrokes owner....
November 9, 2023
Cryptocurrencies
Crypto group Copper served sushi off partially clad models
...Serving sushi off naked or semi-clad bodies has in recent decades been promoted in western nations as an exotic Japanese cultural experience, with nyotaimori dinners on offer from Riga to Las Vegas....
March 26, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Entain PLC
Activist investors pile pressure on Ladbrokes owner Entain
...One bright spot for Entain is its joint venture with MGM — BetMGM — which is the third most popular betting app in the online US market....
November 22, 2023
Scoreboard
The sports payday made in Manchester Premium content
...Ratcliffe’s offer per share started at $22, and landed at $33....
January 20, 2024
Scoreboard
Mark Cuban’s Mavericks bet Premium content
...That’s because Redbird IMI is a joint venture between the US private equity firm run by former Goldman Sachs partner Gerry Cardinale and former CNN boss Jeff Zucker, alongside International Media Investments...
December 2, 2023
News in-depthWorkplace diversity & equality
Culture of ‘blatant’ racism in Mayfair casinos alleged by staff
...Those closures were a near-death experience for some of these gambling houses, which compete with Monaco, Macau and Las Vegas for the biggest “whales”....
June 10, 2022
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
LexEntain PLC
Entain: waiting for the US pay-off Premium content
...It has staked its own capital on US sports betting in a 50/50 joint venture with US casino operator MGM, called BetMGM....
April 18, 2023
Entain PLC
Entain shares drop after MGM rules out takeover
...MGM, operator of the Las Vegas Bellagio casino, first made a bid for Entain in January 2021, offering shareholders equity in MGM that valued Entain at £8bn, or £13.83 a share, which was about a 20 per cent...
February 9, 2023
FT Magazine
Brain cancer took away his words, but not his determination to write
...I looked behind us and saw a small speakeasy-like joint whose frontage read, in coy cursive letters, Chochotte....
February 24, 2024
Transcript: Episode 7 — Against the ropes
...He’s beaten the previously undefeated and reigning WBC champion Deontay Wilder in this huge Las Vegas showdown....
December 21, 2023
Scoreboard
Does F1 have a Red Bull problem? Premium content
...venture with the tour, in an effort to boost the profile and prize money for the women’s game....
March 11, 2023
#techAsia
A PlayStation on wheels and China’s battle of the platforms Premium content
...President Kenichiro Yoshida unveiled the Japanese electronics company’s EV prototype at the CES tech trade show in Las Vegas in front of crowds of visitors....
January 12, 2023
William Hill PLC
Hedge funds hit out at William Hill over disclosure around takeover
...William Hill revealed in September that it had been subject to a bidding war between Las Vegas-based Caesars and the private equity group Apollo Global Management....
March 30, 2021
FT Magazine
Porsche, Bentley, Armani: Why Miami can’t build enough branded high rises
...For their second date, Gil sent a private jet to fetch her for lunch in Las Vegas, where he was doing business. They divorced in 2017....
June 1, 2023
Due Diligence
What’s going on at Tiger Global? Premium content
...If approved, the two companies will form a 50-50 joint venture valued at €19.6bn....
March 9, 2022
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Leo Lewis
Sony and Honda’s EV venture is a lesson for corporate Japan
...At the Consumer Electronics Show in Las Vegas in January, Sony showed off prototypes of its Vision-S and Vision-S 02 and formed a new EV subsidiary, but stressed that it was not looking to build cars itself...
March 6, 2022
Property sector
Wall Street banks face $100m of losses on Las Vegas deal
...This story was amended on 9 May to clarify that the borrower was a joint venture between MGM Growth Properties and Blackstone Real Estate Income Trust...
May 8, 2020
Vingroup JSC
Vietnam’s VinFast to go all-electric in push to become global automaker
...VinFast, a unit of Vingroup, announced the transition at the Consumer Electronics Show in Las Vegas....
January 6, 2022
Due Diligence
Venture capital and the search for Europe’s unicorns Premium content
...It’s the executives at these companies, and others, that US venture capital firms have their eyes on....
February 4, 2022
Scoreboard
The Murdoch going big on India’s favourite sport Premium content
...Murdoch and Shankar made their bid as part of Viacom18, a broadcasting joint venture run by tycoon Mukesh Ambani’s Reliance Industries....
June 18, 2022
News in-depthGambling industry
Macau casino operators fear end of winning streak with new gaming law
...“We’ve gotten zero direct signal that there’s a concern at that level,” he told an investor event in Las Vegas....
September 22, 2021
Scoreboard
How to make a sports star for China Premium content
...Vegas....
February 12, 2022
Entain PLC
DraftKings makes bid to acquire UK rival gambling group Entain
...Bill Hornbuckle, MGM’s chief executive, told an investor conference in Las Vegas last week: “We critique ourselves giving up 50 per cent of [BetMGM] . . . And so yes, we would like more of it.”...
September 21, 2021
Due Diligence
Breaking down the crisis at Evergrande Premium content
...But its pièce de résistance, a 50/50 American joint venture with US casino giant MGM Resorts, could throw a spanner in the works....
September 22, 2021
#techAsia
China’s Huawei seeks self-reliance with chip investment blitz Premium content
...But now, Sony has announced it is entering the electric mobility space at this year’s Consumer Electronics Show in Las Vegas, citing its advantage in robotics, artificial intelligence, gaming and other entertainment...
January 12, 2022

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