Globo-backed Boa Lion acquires Bingão do Brasil
A Globo-backed betting joint venture has acquired a videobingo business.
A Globo-backed betting joint venture has acquired a videobingo business.
Entain's CEE unit is growing, actively investing and seemingly in good health. So why might the operator be looking to sell it?
Entain is exploring options for its Entain CEE joint venture as the operator looks to offset the impact of higher UK gambling taxes and reduce debt.
The State of Maryland exercised its right to acquire the intellectual property, including all trademarks and associated rights, of the Preakness Stakes and Black-Eyed Susan Stakes.
CEO Chris Ilitch will serve as Chairperson of the new platform, while Bruce Dall and John Policicchio were appointed as Vice Chairperson and CEO & CDO, respectively.
Buyers are still pursuing scale, but licensing quality, tax pressure and change-of-control scrutiny are now reshaping how regulated gaming assets are valued. Oren Dalal writes...
PDG has now acquired five properties from Great Canadian, having previously closed on Casino Nanaimo, Elements Casino Victoria, Chances Maple Ridge and Casino Vancouver.
The Pass Casino in downtown Henderson is set to change ownership after ECL Water Street, operator of the Emerald Island and Rainbow Club casinos, agreed to acquire the property from DeSimone Gaming, with plans to explore renovations and future expansion opportunities.
The operator held a press call following the announcement of its £243m Evoke acquisition, as CEO Reeves outlined confidence around the company’s UK position.
The deal follows UK gambling duty increases that pushed Evoke into a strategic review and raised pressure on its leveraged balance sheet.