Bern - Die Eidgenössische Spielbankenkommission (ESBK) hat das Verfahren wegen mutmasslicher Werbung für die in der Schweiz nicht bewilligten Geldspiele des Online-Spielanbieters «Stake» eingestellt.
Bern - Die Eidgenössische Spielbankenkommission (ESBK) hat das Verfahren wegen mutmasslicher Werbung für die in der Schweiz nicht bewilligten Geldspiele des Online-Spielanbieters «Stake» eingestellt.
Espelkamp. The Gauselmann Group has acquired a significant majority stake in Bede Gaming, the leading online gaming platform headquartered in Newcastle upon Tyne.
Crown says it is still in the hunt for "compelling" US casino acquisitions despite slashing some of its existing US investments by AUD 181 million. Crown took the knife to the AUD 414 million book values of minority stakes in Harrah's Entertainment and Stations Casino Group, just six months after buying them. Its 19.6 per cent stake in Fontainebleau in Las Vegas was included in the writedown...
A financial backer of the proposed USD 429 million Lawrence County casino and racetrack is asking the Pennsylvania Gaming Control Board to withdraw his casino license application. Stephen Hilbert and his companies, MH Investors Gaming and MH Equity Managing Member II, petitioned the board in April to withdraw their applications. Hilbert and MH will still supply funding for the Centaur Gaming project as part of a USD 1 billion financing packaging Centaur secured in October.
Dubai (Reuters) - State-owned Dubai World said on Wednesday it had no "immediate" plans to raise its stake in MGM Mirage, the world's second-largest casino operator, though it won the right to go as far as 14.9 percent. The Michigan Gaming Board allowed Infinity World, a unit of Dubai World, to raise its holding in MGM, Dubai World said in a statement. Still, that "does not necessarily mean that the company plans to increase its shareholding immediately," it said.
Crown Ltd. has increased its interest in the Las Vegas gaming market by spending USD 414 million for minority stakes in Harrah’s Entertainment and Station Casinos, the Australian gaming company revealed. However, the Melbourne, Australia-based company also suggested that a proposed USD 5 billion hotel-casino project slated for the former Wet ’n Wild site may be in jeopardy because of the tightening credit markets.
James Packer's Crown Limited has formed new alliances with powerful US gambling barons, spending AUD 414 million to buy stakes in the giant privately owned Harrah's Entertainment and Stations Casino Group. But an earlier plan to buy a prime piece of Las Vegas land and build the world's tallest casino tower is under a cloud, with Crown's partners reviewing their involvement in the project.
British private equity fund Permira will buy 20 percent of casino operator Galaxy Entertainment Group Ltd for USD 838 million, the Hong Kong firm said on Thursday, getting in on a Macau gambling boom. Permira will buy 452 million shares from Galaxy shareholder K.Wah International Holdings Ltd for USD 490 million, and acquire another 323 million new shares from Galaxy for USD 348 million, Galaxy said in a statement on Thursday.
The USD 2.4 billion Venetian Macau Resort Hotel is an ambitious venture, remarkable both for its massive size and for its location on the once-empty Cotai Strip. The Venetian, which opened on August 28, is the biggest hotel in Asia and the second biggest building in the world. It has the world's largest gaming floor, a 15,000-seat arena, 30 upscale restaurants plus a giant food court, 350 retail shops, 3,000 all-suite rooms and 1.2 million square feet of convention space, to say nothing of its signature canals, complete with gondolas and boatmen.
Hong Kong: Edmund Ho, leader of the Chinese gambling enclave of Macau, has denied reports alleging he has financial interests in the businesses of the region's most powerful casino mogul. The South China Morning Post reported Monday that Ho has held a stake in the Macau casino empire controlled by tycoon Stanley Ho through a Hong Kong company for the past 15 years. The two Hos are not related. Documents filed to the Hong Kong registry of companies said Edmund Ho and his two brothers inherited from their late father a 3.3 percent stake...