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1594 results for "australia"
Tabcorp to Keep Apollo, Entain Waiting on Divestment Decision for Another Month
Tabcorp will keep suitors for its media and sports wagering businesses on hold for at least another month. The board of the Australian company meets on June 20. Apollo Global Management (NYSE:APO)...
Foxwoods Gambler Receives $1.3M Settlement Stemming From 2016 Accident
Foxwoods Resort Casino in Connecticut has agreed to pay a man more than $1.3 million to settle his lawsuit filed in Mashantucket Pequot Tribal Court. On June 28, 2016, shortly before noon,...
Entain Mulling Run at William Hill International Business
Entain Plc (OTC:GMVHY) is considering joining the fray of bidders for William Hill's non-US assets, including the sportsbook operator's famed UK betting shops. Caesars Entertainment (NASDAQ:CZR) recently completed its $3.69 billion acquisition...
Crown Resorts Rejects ‘Too Low’ $6.5B Blackstone Bid
Crown Resorts has rebuffed the takeover advances of US private equity giant Blackstone . A regulatory investigation into Crown’s much-criticized VIP businesses practices got underway in the State of Victoria on Monday....
Crown Resorts Bidding War Intensifies, as Aussie Casino Giant Names New CEO
Crown Resorts has two offers on the table for its casino business in Australia. The seekers are The Star Entertainment Group and Blackstone Group. Blackstone, the private equity business of billionaire Stephen...
Apollo Lack of Sportsbook Experience Could Be Hurdle in Tabcorp Bid, Say Analysts
Last week, Apollo Global Management (NYSE:APO) upped its bid for Tabcorp’s betting and media businesses to $3.1 billion. But some analysts believe the private equity firm's dearth of direct sportsbook operational experience...
Apollo Makes $3.1 Billion Offer for Tabcorp Assets, Topping Entain Bid
Apollo Global Management (NYSE:APO) is making another run at Tabcorp’s betting and media businesses. It is offering nearly $3.1 billion for the Australian company's sought-after assets, while topping a recently revised bid...
Goa Casinos Shuttered This Weekend, India Overwhelmed By COVID-19 Crisis
Casinos in India’s upscale resort district of Goa remain closed this weekend under a government-ordered lockdown to curb the deadly spread of coronavirus. The nation is shattering records, given the number of...
Eight-Year Ban for Jockey Who Rode Under False Name, Bet Against Himself
A jockey who changed his name by deed poll so he could bet on his own races has been banned from the sport for eight years by the racing authority in Australia’s...
Oaktree Capital Offer Would Buy James Packer Out of Crown Resorts for $2.3 Billion
Oaktree Capital Management wants to help Crown Resorts buy out its biggest shareholder, James Packer. Crown announced Monday morning that the private equity giant has proposed funding a A$3 billion (US$2.3 billion)...