Tag: Acquisition
Boyd Gaming’s Potential Acquisition of Penn National: Analysts Skeptical
Boyd Gaming's Potential Acquisition of Penn National: Analysts SkepticalBoyd Gaming's potential takeover offer for Penn National doesn't come as a surprise to many analysts, but the likelihood of a deal actually happening remains uncertain....
Fantini’s Finance: A Look at Penn National Gaming’s Possibilities
Fantini's Finance: A Look at Penn National Gaming's PossibilitiesIn the world of gaming and gambling, there are several key events and conferences that industry professionals should have on their radar. These events provide a...
MGM Acquires Tipico US Sportsbook: Everything You Need to Know
MGM Resorts International recently announced that it will be acquiring the US iGaming and sportsbook operations of Tipico Group. The financial details of this transaction have not been disclosed, but it has been revealed...
Apollo’s $6.3B Deal Expands Vegas Presence by Acquiring IGT and Everi – Nevada Independent
Apollo Global Management, a hedge fund, has made a significant move in the gaming industry by acquiring gaming equipment providers International Game Technology (IGT) and Everi Holdings in a deal worth over $6.3 billion....
Potential Albertsons Store Locations for Sale in Supermarket Merger
More than a dozen Albertsons stores in Nevada are up for sale as part of a potential merger with Kroger. The merger, which was first proposed in October 2022 for $24.6 billion, would also...
Enhancing Caesars’ Sports Betting Technology with ZeroFlucs Acquisition
Caesars Entertainment (NASDAQ: CZR) announced today that it is acquiring ZeroFlucs Group Pty Ltd, an Australian software provider specializing in sportsbook technology. The financial terms of the deal were not disclosed, but this move...
Penn National Gaming Stock Surges on Rumors of Flutter Entertainment Joining Boyd Gaming in...
Penn National Gaming stock saw a significant increase in value due to rumors circulating about Flutter Entertainment potentially teaming up with Boyd Gaming for a takeover bid. This news comes amidst a mixed day...
DraftKings Considering VSiN Acquisition in Barstool/Penn-Style Deal
DraftKings is reportedly thinking about selling the Vegas Sports Information Network (VSiN), a sports betting radio network it bought for $70 million in March 2021. Eilers & Krejcik Gaming (EKG) mentioned that DraftKings may...
Indy Gaming Merger Rumblings Sparked by Investor’s Call for Penn Casinos Sale
Penn Entertainment, the operator of M Resort in Henderson, recently faced a significant decline in its stock price, prompting speculation and investor concerns. A Los Angeles-based investment firm suggested that Penn should consider selling...
NY Mets Owner Acquires $50 Billion Stake in Las Vegas Sphere
Steve Cohen, the owner of the New York Mets, has recently acquired a 5.5% stake in the Las Vegas Sphere. This spherical concert venue was built for $2.3 billion by majority owner James Dolan...
MGM to Acquire Tipico US Sportsbook: What You Need to Know
MGM Resorts International has made an exciting announcement that it is acquiring the US iGaming and sportsbook operations of Tipico Group. The financial terms of this transaction have not been disclosed, but it is...