Taiwanese shipping giant First Steamship Company Limited has reportedly announced that it will be spending approximately $253,000 million over the coming weeks in order to acquire a 12.67% stake in Asian casino operator Summit Ascent Holdings Limited.
According to a report from GGRAsia, Taipei-based First Steamship Company Limited stated on Monday...
Thursday, December 21, 2017
Following the announcement on Tuesday, Great Canadian shares were trading up $4.23 at $34.12 on Canada’s main stock index, the Toronto Stock Exchange, a gain of more than 10 percent.Together, Clarivest and Great Canadian will develop and operate OLG Slots at Mohawk Racetrack, OLG Slots at Grand River Raceway, OLG Slots at Flamboro Downs and OLG Casino...
The city of Santa Fe is home to one less gaming venue after the recent announcement of the Nambé Falls Casino closure. Now, it seems the area of New Mexico may soon be adding a casino as the Pueblo of Tesuque Tribal Council announced they are planning to open a new venue next to the Sante Fe Opera.The Pueblo of Tesuque plans on creating a new gaming...
American regional casino operator Boyd Gaming Corporation announced yesterday that it had signed a definitive agreement that will see it pay approximately $280.5 million in order to purchase Valley Forge Casino Resort in eastern Pennsylvania from current owner Valley Forge Convention Center Partners LP.Las Vegas-based Boyd Gaming Corporation recently...
US-based Boyd Gaming Corporation has today announced it has entered into an agreement to acquire the Valley Forge Casino Resort in King of Prussia, Pennsylvania, for a fee of $280.5m. Valley Forge Casino Resort currently has over 500 hotel rooms, eight restaurants and bars and a 40,000-square-foot casino with 600 slot machines and 50 table games....
Shareholders of NYX Gaming Group meeting in Las Vegas yesterday overwhelmingly approved the $631m acquisition of the company by fellow gaming giant Scientific Games Corporation. In two separate votes on a scheme of arrangement filed with a Guernsey court, 99.6% of shareholders present passed a resolution approving the scheme, and in a second vote...
Regulators from the Pennsylvania Gaming Control Board (PGCB) have confirmed that gross revenue from gambling at table games in Pennsylvania casinos during November 2017 was up 2.84% compared to November 2016. In its November report, the PGCB announced gross table games revenues of $72,230,798 compared to $70,237,664 in revenue generated by the...
UK and Ireland sportsbook operator William Hill has announced the departure of current chairman Gareth Davis, with effect from 2 April 2018. Current Sports Information Services Limited (SIS) CEO, Roger Devlin, will become the new chairman designate of William Hill with effect from 1 February 2018, leaving SIS after nine years. William Hill is a...
A partnership between gaming developers Great Canadian Gaming Corporation and the Clairvest Group have been awarded a licence to operate and develop four casino properties in Toronto. The facilities, all owned by the Ontario Lottery and Gaming Corporation and known collectively as the West GTA bundle include: Casino Brantford, the slots at Mohawk...
Online casino operator Mr Green has announced it has finalised an agreement to acquire Evoke Gaming and its associated gaming properties for €7m. Under the terms of the deal, Mr Green will pay an initial cash purchase price of €7m, with a further €1.5m payable if certain conditions are met. Evoke Gaming currently has 82 employees in Malta and owns...
The Philippine Amusement and Gaming Corporation (PAGCOR) have announced the introduction of new rules prohibiting certain groups from entering its casinos, with the casino’s potentially facing severe sanctions for any infractions. Under the new rules, which take effect from the 1 January 2018, any PAGCOR operated and regulated casino which knowingly...
Canadian investment firm, Pollard Equities Limited has announced it has reached an agreement with NYX Gaming Group and Scientific Games Corporation to support the proposed acquisition of NYX by Scientific Games for $631m. A shareholders meeting to discuss the proposed acquisition is scheduled for the 20 December in Las Vegas, Nevada. The acquisition...
