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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.
Primm South President Cory Clemetson confirmed several potential partners have submitted proposals to operate the city’s casino-hotel assets, located on the Nevada and California border.
A potential takeover of MGM Resorts by Barry Diller's People Incorporated has prompted analysts to consider what a new owner might do with the operator's significant international assets – and who might want to buy them.
Barry Diller's $18bn proposal for MGM Resorts arrives just days after Caesars agreed its own takeover deal, raising fresh questions about valuation, ownership and whether public markets are still the best home for America's biggest gaming operators.
Khalid Reede Jones brings two decades of regulatory and commercial experience to a division which has grown significantly since the company’s PrizePicks acquisition.
Bragg Gaming Group has announced plans to raise up to $1.3m through a private placement, with participation from senior executives and incoming board chairman Matt Davey as the company advances its proposed acquisition of Drayton International.
The acquisition is effective immediately and will see Paf’s operations live across additional ferry routes and destinations across Europe.
People Inc, which is controlled by IAC Founder Barry Diller, currently owns a 26.1% stake in MGM Resorts and would take the operator private if the transaction is eventually accepted.
