Standard General Wraps Up $4.6 Billion Bally’s Acquisition
Bally’s (NYSE: BALY) and Standard General announced today that the investor completed its $4.6 billion takeover of the regional casino operator. Standard General founder Soo Kim. The hedge fund completed its acquisition of Bally’s. (Image: Meet AC/Casino.org) Standard General, the hedge fund that’s the largest Bally’s shareholder, offered $15 a share for the gaming company […]
The Essential Guide to the GPI Global Poker Awards 2025 – Part 3: Industry Prizes
US domination curbed For the last two weeks, I have been previewing and predicting categories for the upcoming 6th Annual GPI Global Poker Awards which will be held on February 22nd at the PokerGO studio at Aria Resort & Casino in Las Vegas. There has been much excitement in anticipation of the big night, less […]
Daniel Negreanu Jokes About “Gaza Gazillions” Poker Tournament
Negreanu’s deleted tweet Earlier today, outspoken GGPoker ambassador Daniel Negreanu deleted a tweet that he had published hours earlier. The reasons for the post’s removal are unclear at this time. Did he succumb to pressure from those who found his comment disgusting? Did his sponsor make him do it? It’s certainly hard to believe that […]
Blackstone May Be Mulling Star Entertainment Buy — With a Catch
Private equity behemoth Blackstone (NYSE: BX) is reportedly considering a run at ailing Star Entertainment, but the US investor could wait until the Australian casino operator is put into administration. The Star Sydney. Rumors surfaced Blackstone could be interested in bidding for Star. (Image: Star Entertainment) The mention of Blackstone, which has a long track […]
Nacho Barbero in Hot Seat After Incriminating Photo Suggests RTA-Use on Americas Cardroom
Barbero under fire Americas Cardroom (ACR) poker ambassador Nacho Barbero is in the hot seat after a promotional social media post for The Venom backfired spectacularly. On Friday, the Argentine pro uploaded a photograph of his laptop screen to his Instagram story, showing himself in action on four tables. Problematically, that image also revealed him […]
Dara O’Kearney: Memories From the European Deepstack
The Deepstack is back Well, it’s that time of year again. And what time is that exactly, I’m sure you’re wondering. It’s not Christmas, that much we know. Or even New Year. In poker terms, the World Series of POke is a long way off. It’s not Irish Open time. So what on earth is […]
VICI Could Eye Acquisition of Caesars Forum, Says Analyst
VICI Properties (NYSE: VICI) could consider purchasing the Caesars Forum convention center on the Las Vegas Strip, which the real estate investment trust (REIT) has an option to buy. The Caesars Forum convention center on the Las Vegas Strip. VICI Properties could consider buying the venue, says an analyst. (Image: Network in Vegas) That’s the […]
Century Casinos Stock Story Requires Patience
Following a rough 2024, shares of Century Casinos (NASDAQ: CNTY) are off nearly 7% to start 2025, potentially indicating the stock’s redemption story will require patience from investors. The Century Casino in Central City, Colo. An analyst said the stock could require patience before it rebounds. (Image: Century Casinos) In a note out after the […]
Melco Should Consider Selling Cyprus, Philippines Casinos, Says Analyst
Melco Resorts & Entertainment (NASDAQ: MLCO) should consider selling its casino hotels in Cyprus and Manila so it can fund a full acquisition of Studio City International (NYSE: MSC) and focus on its Thailand ambitions, according to an analyst. Melco Resorts CEO Lawrence Ho speaks in Macau in 2018. An analyst said the company should […]
MGM Could Make Another Run at Entain’s BetMGM Stake
It’s been four years since MGM Resorts International (NYSE: MGM) offered to acquire BetMGM partner Entain Plc (OTC:GMVHY). At least one analyst believes it’s possible the casino giant could revisit such a proposal this year. The BetMGM logo. An analyst said MGM could consider another takeover offer for BetMGM partner Entain. (Image: NY Sports Day) […]
