Search
1611 results for "australia"
Brookfield Business Partners LP Bags SG Lottery for $6.05B
Ending weeks of speculation about the unit's fate, Scientific Games (NASDAQ:SGMS) said late Wednesday it is selling its SG Lottery business to Brookfield Business Partners LP (NYSE:BBU) for $6.05 billion. The Canadian...
Brookfield Nearing Deal for Scientific Games’ SG Lottery Unit
Private equity firm Brookfield is reportedly drawing closer to a deal for Scientific Games' (NASDAQ:SGMS) SG Lottery division. With over $625 billion in assets under management, Toronto-based Brookfield is one of the...
Las Vegas Suspects Among 150 Nabbed in Cocaine Case, $31.6M Seized Globally
Four suspects were arrested in Las Vegas as authorities rounded up 150 alleged criminals in an international drug trafficking and money laundering operation. It involved the dark web and illicit activities in...
DraftKings Drops Entain Takeover Bid, Stock Soars
DraftKings (NASDAQ:DKNG) stock is soaring Tuesday after the sportsbook operator said it's walking away from takeover talks with Entain Plc (OTC:GMVHY). The news arrives a week after the UK-based company extended the...
Crown Resorts Deemed Unsuitable in Melbourne, But Avoids Worst-Case Scenario
Crown Resorts is breathing a major sigh of relief after learning of its suitability outcome in the Australian state of Victoria. After an eight-week probe into the inner workings of the Aussie...
Lottery.com SPAC Shares Soar on Bullish Revenue Forecast
Shares of Trident Acquisitions Corp. (NASDAQ:TDAC), the special purpose acquisition company (SPAC) merging with Lottery.com, are soaring again Thursday. That's after the internet lottery retailer delivered bullish third-quarter revenue guidance. In midday...
Apollo, Brookfield Mulling Bids for Scientific Games Lottery Arm
Apollo Global Management (NYSE:APO) and Brookfield Asset Management's private equity division are reportedly considering making offers for Scientific Games' (NASDAQ:SGMS) SG Lottery unit. That news emerges soon after the Las Vegas-based slot...
Crown Resorts Hit by Shareholder Revolt Over Executive Pay Plan
Crown Resorts shareholders have voted down the embattled company’s remuneration report. The move, at the company’s virtual AGM Thursday, signified widespread discontent over fat payouts to executives, many of whom have left...
Invesco Likes International Betting Stocks, Including Entain, Flutter
Since the 2018 Supreme Court ruling on the Professional and Amateur Sports Protection Act (PASPA), the investment community largely focused on the US market. But some fund managers still see a lot...
Churchill Downs, Penn National Earn ‘Buy’ Ratings as Berenburg Starts Coverage
Berenberg analyst Zachary Silverberg initiates coverage of several gaming stocks today, revealing bullish views on a quartet of well-known names in the group. The analyst is constructive on lottery and gaming technology...