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1611 results for "australia"
Scientific Games OpenBet Sale Credit Positive, Says Moody’s
On Monday, Scientific Games (NASDAQ:SGMS) announced the sale of its OpenBet sports wagering business to Endeavor Group Holdings, Inc. (NYSE:EDR.). The business went for $1.2 billion in cash and stock, a move...
Caesars Surprise: Company Joins Clairvest in Pursuing Japan Casino License
Caesars Entertainment (NASDAQ:CZR) pulled a surprise Wednesday, announcing it's joining Clairvest Neem Ventures K.K.'s consortium. That group's seeking to bring an integrated resort to Wakayama, Japan. Clairvest Neem Ventures is a unit...
Scientific Games Selling OpenBet to UFC’s Endeavor Group for $1.2B
Scientific Games (NASDAQ:SGMS) is selling its OpenBet sports wagering business to Endeavor Group Holdings, Inc. (NYSE:EDR), the parent company of the Ultimate Fighting Championship (UFC), for $1.2 billion in cash and equity....
DraftKings Could Be Pursuing Entain for Technology, Putting MGM in Tough Spot
DraftKings' (NASDAQ:DKNG) pursuit of Entain Plc (OTC:GMVHY) could be centered around acquiring the target's technology capabilities, potentially putting MGM Resorts International (NYSE:MGM) on the prowl for its own sports wagering tech stack....
Scientific Games Will Retain Minority Stake in SG Lottery IPO
Scientific Games (NASDAQ:SGMS) said that if an initial public offering (IPO) for its SG Lottery unit materializes, it will sell the majority of that equity to outside investors. In late June, the...
Fitch: Crown Resorts Regulatory Risks Warrant Negative Rating
Crown Resorts remains the subject of two royal inquiries in Australia regarding its suitability to conduct casino operations. Fitch Ratings, one of the "Big Three" credit rating agencies, said in a note...
Caesars Entertainment Bringing Nobu Hotels and Restaurants to Atlantic City, New Orleans
Caesars Entertainment and Nobu Hospitality are expanding their partnership in the United States. Caesars revealed plans today for Nobu hotels and restaurants at Caesars Atlantic City and Harrah's New Orleans. The release...
DraftKings Shocks Sports Betting World, Makes $20B Offer for Entain
DraftKings (NASDAQ:DKNG) is reportedly courting Entain Plc (OTC:GMVHY) at a price tag of $20 billion. It's news that's sending shockwaves throughout the sports betting universe. Citing unidentified sources, CNBC reports DraftKings is...
James Packer Selling $283M Mega-Yacht, as Crown Resorts Hits Headwinds
James Packer is selling his yacht. The Crown Resorts billionaire listed the vessel for sale this week with international superyacht broker Burgess Yachts. The asking price is $283 million, around $83 million...
PointsBet Stakes First Claim in Texas Through Austin FC Partnership
Sports betting is not yet legal in Texas. However, one operator already has a foot in the door for when the opportunity arises in the country’s second biggest state. On Wednesday, Austin...