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Casinos & Gaming

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Montreign Operating Co enters license agreement to rebrand Montreign Resort Casino

Thursday, 6 Apr 2017 08:00am EDT

Empire Resorts Inc : Montreign Operating Company - has entered into a license agreement to rebrand Montreign Resort Casino a resorts world property . Montreign Operating Company - license agreement grants moc right to use "resorts world" and "genting" brand names, marks and logos .Montreign Operating Company - co will continue to operate resort casino, with casino scheduled to open to public in march 2018.

Crown Resorts enters equity swap for its shareholding in Melco Crown Entertainment

Tuesday, 28 Mar 2017 06:26pm EDT

Crown Resorts Ltd : Entered into a cash-settled equity swap in respect of its shareholding in Melco Crown Entertainment Limited . Cash-settled equity swap referencing 12.0 MLN MCE ADSs . Price hedge under swap transaction has been set at US$18.05 per MCE ADS .Swap transaction provides price hedge in respect of any future sale of MCE shares equivalent to number of MCE ADSs referenced in swap transaction.

Penn National Gaming enters agreement to acquire operations of Bally’s Casino Tunica and Resorts Casino Tunica

Tuesday, 28 Mar 2017 09:00am EDT

Penn National Gaming Inc : Penn National Gaming enters into definitive agreement to acquire operations of Bally’S Casino Tunica and Resorts Casino Tunica for pre-synergy purchase multiple of 3.7x . Penn National Gaming Inc - deal for $44.0 million cash . Following completion of proposed transaction, penn national will operate both Tunica Properties . Penn National Gaming Inc - deal will be immediately accretive to our operating results upon closing .Penn National Gaming - after compeltion, co will lease underlying real property associated with the 2 businesses from gaming and leisure properties.

Betsson says offer for Netplay TV approved by shareholders

Thursday, 23 Mar 2017 08:00am EDT

Betsson : Says Betsson's offer to acquire UK gaming operator Netplay TV approved by shareholders .Says offer is still subject to the High Court of Justice sanctioning the offer.

Berjaya Land says unit enters into share purchase agreement

Thursday, 23 Mar 2017 06:54am EDT

Berjaya Land Bhd : Unit entered into a share purchase agreement for acquisition of total of 70 percent stake in Hotel Integrations Sdn Bhd .Deal for cash consideration of 1.365 million RGT or at 6.50 RGT per HISB share.

Innova Gaming Group's board cancels conference call originally scheduled on March 23

Tuesday, 21 Mar 2017 04:00pm EDT

Innova Gaming Group Inc - : Says board has decided to cancel conference call originally scheduled to be held on Thursday, March 23, 2017 .Conference call cancelled while special committee of independent directors continues review of proposal from Pollard banknote.

Fortuna EGM on acquisition of Hattrick, Romanian firms on April 26

Wednesday, 15 Mar 2017 08:00am EDT

Fortuna Entertainment Group Nv : Says to hold EGM on April 26 to approve acquisition of Hattrick and Romanian companies . Approval of the acquisition of Hattrick Sports Group Limited one item on agenda [nL8N1G81Z0] . Second agenda item is approval of the proposed acquisition of Bet Active Concept S.R.L., Bet Zone S.R.L.,Public Slots S.R.L. and Slot Arena S.R.L. through two SPVs to be incorporated by the Company in Romania [nL5N1GS0XF] Further company coverage: [FORE.PR] ((jason.hovet@thomsonreuters.com;)).

Innova's special committee engages financial advisors

Monday, 13 Mar 2017 08:00am EDT

Innova Gaming Group Inc : Innova's special committee engages financial advisors .Innova Gaming - engaged Raymond James Ltd as financial advisors to special committee of board in response to unsolicited proposal by Pollard Banknote Ltd.

Innova says received unsolicited proposal from Pollard Banknote

Friday, 10 Mar 2017 09:55am EST

Innova Gaming Group Inc : Innova acknowledges receipt of unsolicited proposal from Pollard Banknote . Received unsolicited proposal from Pollard to acquire all outstanding common shares of co for cash consideration of $2.10 per share .Board has formed special committee to review, evaluate proposal, consider any strategic alternatives to proposal.

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