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Churchill Downs in $500 mill move to acquire majority share of Illinois land casino
Kentucky-headquartered online and land gambling group Churchill Downs Incorporated has unveiled an agreement to acquire a majority stake in Rivers Casino Des Plaines in Illinois for $500 million. The Kentucky company has set a target of at least 50.1 percent of the shares in Rivers parent group Midwest Gaming Holdings, and if the acquisition is …
Churchill Downs in $500 mill move to acquire majority share of Illinois land casino
Kentucky-headquartered online and land gambling group Churchill Downs Incorporated has unveiled an agreement to acquire a majority stake in Rivers Casino Des Plaines in Illinois for $500 million. The Kentucky company has set a target of at least 50.1 percent of the shares in Rivers parent group Midwest Gaming Holdings, and if the acquisition is …
Ardent Group acquires share holding in Swiss Casino Davos
The Belgian Ardent Group (formerly Circus Group) has acquired a 44 percent share holding in Stadtcasino Baden AG’s Swiss subsidiary Casino Davos for an undisclosed consideration. The deal strategically positions the Ardent Group for potential regulatory change as a new Swiss gaming law is expected to be voted upon in the second week of June. …
Significant interest in UK online gambling licensing
With the September 16 application deadline looming, it appears that many well-known online gambling operators are opting for a UK licence under the new point-of-consumption licensing law. A cursory look at the Gambling Commission list of applicants this week revealed that 880 applications (and counting) have been received, among them well known and respected websites, …