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Caesars Sells World Series of Poker Brand To GGPoker Parent Company For $500 Million

by Card Player News Team | Published: Aug 02, '24

The 55th annual World Series of Poker just completed its latest record-setting run in Las Vegas a couple of weeks ago, with more than $438 million in prize money paid out across 99 in-person events this year. The 2024 WSOP officially wrapped up on July …

PointsBet Sportsbook To Be Sold To Fanatics For $150 Million

by Joe Mattia | Published: May 15, '23

PointsBet Holdings Limited announced that it has entered into an agreement for the sale of its United States online gambling business. PointsBets’ sports wagering, advanced-deposit wagering (ADW) and online casino gambling operations, Banach technology, …

Sports Betting Startup Sold To KeyStar

by Joe Mattia | Published: Oct 11, '22

The online gambling company KeyStar Corp. announced the acquisition of ZenSports’ and Ultimate Gamer’s assets. ZenSports is a sports betting company that is aiming for peer-to-peer betting. A price tag for the transaction was not disclosed. Ultimate …

Online Gambling Platform Pala Interactive Sold To Boyd Gaming

by Joe Mattia | Published: Mar 28, '22

Las Vegas-based Boyd Gaming Corporation has reached a deal to buy Pala Interactive, a California online gambling software and services company majority owned by the Pala Band of Mission Indians. The price tag for Pala Interactive, formed in 2013, is $170 …

World Poker Tour Sold To Element Partners For $78 Million

by Erik Fast | Published: Jan 19, '21

… World Poker Tour has been sold by Allied Esports Entertainment (NASDAQ … its tours. The WPT was sold to PartyGaming in 2009 for …

Las Vegas Strip Casino Sold In Response To Coronavirus Shutdown

by Steve Schult | Published: Mar 30, '20

… National Gaming sold one of its two Las … shutdown in Nevada. The company sold the Tropicana Las Vegas … “asset-light strategy,” MGM Resorts sold the real estate of … from the group it sold to. During its most … deal last January, MGM sold a majority stake of …

Upstate New York Casino Sold To Genting Group

by Steve Schult | Published: Aug 22, '19

Less than two weeks after considering filing for Chapter 11 bankruptcy, New York’s largest upstate casino chose to accept a buyout from a private company instead. Empire Resorts, owner of Resorts World Catskills, announced late Monday that it planned to …

Could Wynn Resorts Be Sold Thanks To Founder's Sexual Misconduct Scandal?

by Card Player News Team | Published: Feb 02, '18

Though he has denied the sexual misconduct allegations, the scandal for Las Vegas casino mogul Steve Wynn could severely damage his casino empire. The aftermath of an explosive Wall Street Journal report that sent shares of Wynn Resorts down as much as …

Report: Shuttered Revel Casino Sold For $200 Million

by Brian Pempus | Published: Dec 14, '17

According to Moody’s Investors Service, the former $2.4 billion Atlantic City known as Revel will soon have a new owner. Colorado-based AC Ocean Walk LLC is seeking to acquire the property for $200 million, just a couple of years after a Florida-based …

Unfinished Las Vegas Strip Casino Sold For $600M

by Brian Pempus | Published: Aug 30, '17

Atlantic City casino owner Carl Icahn is selling the unfinished casino known as the Fontainebleau, his holding company announced Tuesday. Icahn Enterprises L.P. will turn over the Las Vegas Strip property for $600 million to investment firms The Witkoff …

 
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