Tag: Acquisition
Acquisition24 Sep, 2019 The Rio sold to Imperial Companies for $516 million
Caesar’s Entertainment is one of the most geographically diversified casino-entertainment providers among US casino companies. It all began in 1937 in Nevada and the company has expanded with new resorts and acquisitions since then. On Monday, Caesars Entertainment announced in Securiti...
Acquisition29 Aug, 2019 OYO acquires Las Vegas’ Hooters hotel and casino
OYO rooms is India’s largest hospitality company, a chain of hotels that has kept everyone’s eyes rolling after it entered the US market with a single property in Texas earlier this year. OYO had gone global by acquiring their first-ever property in the United States, and they don’t see...
Acquisition15 Feb, 2019 Paddy Power Betfair buys 51% stake in Adjarabet
Ireland-based sports betting company Paddy Power Betfair (PPB) has decided to expand into the European country of Georgia after acquiring 51% stake of the country’s leading online gaming website called Adjarabet, probably named after the autonomous region of Adjara. The deal was struck ...
Acquisition05 Feb, 2019 Stars Group, Paddy Power Betfair discuss possible merger
As per recent reports, Canada-based company The Stars Group (TSG) is in talks with Ireland’s Paddy Power Betfair (PPB) to discuss a possible merger of the two companies. The reports say that negotiations between the two companies had been going on since a year, but the information went ...
Acquisition26 Sep, 2018 PokerDangal acquires PokerMet on first birthday
PokerDangal is a unit of Xeta Networks Pvt Ltd and they are a quickly growing online poker website. They have been making big strides in the Indian poker industry, recently also adding the likes of poker pros Abhineet Jain and Tanay Hargunaney as Dangal Team Pros. Just yesterday, they a...
Acquisition10 May, 2018 Walmart Acquires 77% Stake Worth $16 Bl in Flipkart
Walmart, an American multinational retail corporation that operates supermarkets across the country, has recently acquired Indian e-commerce company, Flipkart, in a record breaking deal. This acquisition, which was completed on 9th May 2018, became the largest deal for an Indian startup...
Acquisition23 Apr, 2018 Stars Group Acquires Sky Bet For $4.7 Billion
It seems like the Stars Group has decided to go on a little acquisition spree, with quite a few investments being made in the last couple of months. Towards the end of February this year, they purchased a $118 million majority stake in CrownBet, Australia’s fastest growing online ...
Acquisition31 Mar, 2018 Richard Branson Buys Hard Rock Hotel & Casino in Vegas
The Hard Rock Hotel and Casino is one of the most popular casino-hotels off the Las Vegas strip in Nevada, but it will now no longer be owned by Brookfield Asset Management, following an acquisition by British businessman, investor and philanthropist Richard Branson. The iconic property...
Acquisition07 Mar, 2018 Stars Group Acquires Australia’s William Hill Unit
A year and a half back, the Stars Group attempted to merge with British bookmaker William Hill, but in vain. Now, they have purchased the Australian unit of the bookmaker, in an effort to reduce the reliance on online poker in Australia and provide a boost to sports betting. A week afte...
Acquisition28 Feb, 2018 Stars Group Acquires $118 Million Stake in CrownBet
The Stars Group: A Canadian online gaming and gambling company that is traded on Nasdaq and the Toronto Stock Exchange. The group owns and operates online poker giants such as PokerStars and Full Tilt Poker, that run poker games and tournaments for over 100 million customers worldwide. ...
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