"acquisition" Tag Results

By Tomas Medon

Caesars Entertainment in Advanced Acquisition Talks with William Hill

September 29, 2020

On Friday, September 21, renowned gaming and entertainment brand William announced that it had received two acquisition proposals. One of these was from Apollo Management, a private equity firm while the other was from Caesars Entertainment one of the world’s most prolific gaming and entertainment operators. Now, it seems like Caesars Entertainment has taken the […]

By Ameana Jones

VICI Completes $843.3M Acquisition of JACK Entertainment

January 28, 2020

ON Monday, VICI Properties Incorporated completed the acquisition of JACK Cleveland Casino and JACK Thistledown Racino. The acquisition deal is estimated to have been worth a whopping $843.3 million and was financed with cash on hand. During the announcement, the JACK Entertainment officials pointed out that while the lease deal or sale of the casinos […]

By Ameana Jones

Century Completes $107M Acquisition of Three Eldorado Casinos

December 10, 2019

Last Friday, Century Casinos announced that it has completed the acquisition three casinos from Eldorado Resorts in a deal that was worth about $107 million. The three casinos that Century acquired were the Isle Casino Cape Girardeau in Cape Girardeau, Missouri, Lady Luck Caruthersville in Caruthersville, Missouri, and Mountaineer Casino, Racetrack and Resort in New […]

By Tomas Medon

NetEnt Acquires Red Tiger for Over $200 Million

September 10, 2019

Renowned casino software provider NetEnt has recently entered into an agreement to acquire fast-growing online slot provider Red Tiger Gaming Limited in an all-cash deal. The initial enterprise value of this deal is a whopping GBP 200 million as well as an additional GBP 23 million in 2022. Before then, the transaction will have been […]

By Ameana Jones

Wynn Resorts Backs Out of Takeover Deal with Aussie Operator

April 11, 2019

Crown Resorts, one of the largest Australian casino operators recently issued a statement that Wynn Resorts had proposed a multi-billion-dollar takeover to the company. This took a rather unexpected turn when just a few hours after the announcement, Wynn Resorts released a contradictory statement that said that the proposed deal was now dead. “Following the […]