Casino Sales

Whether the property is located in Las Vegas, Macau, Metro Manila, or anywhere else on the planet, World Casino News brings you breaking stories and updates on mergers & acquisitions and casino sales. Follow the news here to learn about and stay up to date when paper, money, and properties change hands. Whether the headline tells of MGM Resorts International’s secretive speculation to buy Sands Bethlehem or an announcement that the deal fell through, we have you covered.

World travelers may want to check this section to learn if their favorite Caribbean getaway has been sold so they can study timely reviews of the property before investing their holiday time in visiting it.

Crown Resorts Limited divulges takeover talks involvement

Australian casino operator Crown Resorts Limited has reportedly announced that talks are being conducted on a $ 7.1 billion deal that could result in its sale to its US counterpart Wynn Resorts Limited.

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Caesars Entertainment Corporation selling Rio All-Suite Hotel and Casino

In the run-up to the proposed merger with Eldorado Resorts Incorporated and US casino operator Caesars Entertainment Corporation, a deal is underway to provide $ 516.3 million for the outsourcing of the Rio All-Suite Hotel and Casino property in southern Nevada.

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Amax International Holdings Limited planning to change its name

Asian casino and entertainment company Amax International Holdings Limited has reportedly announced a plan to change its name to Century Entertainment International Holdings Limited.

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Maverick Gaming set to purchase Washington state’s Wizards Casino

American regional casino operator Maverick Gaming has announced the signing of a definitive purchase agreement to acquire Wizards Casino in the western state of Washington for an undisclosed amount.

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Genting Hong Kong Limited sells significant shares in its Dream Cruises brand

Asian cruise operator Genting Hong Kong Limited has reportedly announced the signing of a contract to sell up to 35% of its Dream Cruises brand to a company controlled by private equity firm TPG Growth in partnership with Ontario.

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The SLS Las Vegas Hotel and Casino has been renamed Sahara Las Vegas

After completing the purchase of the severely damaged SLS Las Vegas hotel and casino for an unknown amount in April, the Meruelo Group has reportedly renamed the property with 1,720 rooms in Sahara Las Vegas.

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Penn National, completed VICI purchase of the Greektown Casino in Detroit

In a unanimous vote, four members of the Michigan Gaming Control Board voted on Tuesday, May 21, 2019, to sell the Greektown Casino Hotel in Downtown Detroit to Penn National Gaming, Inc. (PENN: Nasdaq) and the New York City-based Real to Real Estate Investment Trust (REIT), VICI Properties, Inc.

The $ 1 billion all-cash deal was first announced in November last year by gaming operator Jack Entertainment LLC. The gaming, hospitality and entertainment company is led by billionaire businessman Dan Gilbert, who is also the founder of Quicken Loans and owner of the NBA’s Cleveland Cavaliers.

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