Wednesday, March 29, 2023

Tag: acquisitions

MGM Grand and Mandalay Bay real estate to be sold to joint venture

MGM Grand
MGM Resorts International is selling its Las Vegas Strip properties, the MGM Grand and Mandalay Bay, to a joint venture between the Blackstone Group’s non-listed real-estate investment trust and MGM Growth Properties.

Century Casinos acquires three Eldorado Resorts properties

Century Casino Eldorado Resort
A $107m acquisition will see Colorado Springsbased Century Casinos expanding into Missouri and West Virginia.

Jesús Franco completed the acquisition of 100% of Recreativos Franco

Jesus Franco
Recreativos Franco SAU, co-founded in 1965 by the brothers Joaquín and Jesús Franco, is now 100% owned by Mr. Jesús Franco, after reaching an agreement with the heirs to the deceased Mr. Joaquín Franco on Friday, July 13th 2018, said the companies press office. The firm said: “The acquisition is the result of the corporate strategy to retain the Group’s...

Europe Round-Up: Ardent Group buys stake in Casino Davos; JVH Gaming to acquire Flamingo Casino

In Holland, Netherlands-based casino operator JVH Gaming has announced that it has reached an agreement to acquire Flamingo Casino, a Dutch gaming operator which operates 15 venues in the country. Founded in 1958, JVH is one of the largest gaming machine operators in the Netherlands, owning both Jack's Casino and Flash Casino. With the acquisition of Flamingo, JHV will now...

Scientific Games finalises purchase of Tech Art

Scientific Games Corporation has completed the acquisition of Tech Art, a supplier of hole-card readers for blackjack.   First announced in October, the acquisition of Tech Art will include their MAXTime®4H product, a combination of a blackjack hole-card reader and a chip tray, as well as the proprietary table games Super Fun 21® and Bet the Bust. The MAXTime®4H product specifically will help...