Tag: Mergers & Acquisitions
MGM mum about Barry Diller’s buyout offer at Gaming Control Board meeting
MGM Resorts International is staying silent even in front of Nevada regulators about a proposal by a company led by billionaire Barry... more
Fertitta Entertainment outlines financing, regulatory and antitrust review process for private takeover of Caesars
With a competing bid from billionaire investor Carl Icahn looming, and no plans by Tilman Fertitta or the entities he controls to sell... more
Key Fertitta Entertainment executives on packed Nevada regulators’ agenda
Two high-level executives from Fertitta Entertainment, which has a deal to acquire Caesars Entertainment, will appear before Nevada... more
Alberta: VICI completes acquisition of Deerfoot Inn & Casino, Great Northern Casino
VICI Properties this week announced the completion of a previously announced transaction to acquire the real estate assets of Deerfoot Inn... more
Maryland preempts Churchill Downs for Preakness, buys the IP rights for $85M
On June 19, the state of Maryland exercised an $85 million right of first refusal for the intellectual-property rights to the Preakness and... more
Pass Casino in Henderson sold to Emerald Island and Rainbow Club owners
The Pass Casino in downtown Henderson has entered into an agreement to be acquired by the ownership group of two neighboring properties and... more
Wall Street handicaps the next possible gaming operator deals
Wall Street is engaging in some Las Vegas-style handicapping to predict which gaming companies are likely targets of a managed or leveraged... more
Barry Diller’s People Inc. makes offer to buy MGM Resorts
A company led by Barry Diller has made an offer to buy MGM Resorts International, but one Wall Street analyst suggested it remains unclear... more
Wall Street analyst says MGM and Boyd will benefit from Caesars’s acquisition by Fertitta Entertainment
A Wall Street analyst points to MGM Resorts International and regional operators like Boyd Gaming as beneficiaries of the acquisition of... more
Virgin Las Vegas financial picture improving with a return to fundamentals
Former casino executive Cliff Atkinson has transferred his interest in an entity that runs the casino at Virgin Hotels Las Vegas to his... more
