2024.07.19
online casino jobs south africaRecently, some investors took stakes in William Hill with the intent of pushing for a sale, displaying no preference in terms of suitors.Apollo being part of this equation is interesting for another reason. The William Hill sportsbook at Monmouth Park in New Jersey. It’s the private equity company that partnered with TPG in 2008 to acquire the company then known as Harrah’s, which would eventually become Caesars. santa ana casino employmentThe property is set to open Oct. Although there’s the potential for the Bally’s operator to miss out on an outright marriage with its sportsbook partner, Caesars’ stock is still up more than six percent today. Recently, some investors took stakes in William Hill with the intent of pushing for a sale, displaying no preference in terms of suitors.Apollo being part of this equation is interesting for another reason. sycuan casino job openings gold coast casino restaurantsonline casino real money fast payoutThe William Hill sportsbook at Monmouth Park in New Jersey. 28. Many of the resort’s 777 hotel rooms will open before the end of the year, Stevens told the commissioners in a vfirekeepers casino hotel phone numberApollo has other gaming investments, notably a position in Italy’s Gamenet Group.Worst Case Scenario Still AppealingSome analysts believe hope isn’t lost for Caesars to wring some benefit out of its relationship with William Hill, even if Apollo wins the bidding war.In a note to clients today, Roth Capital analyst David Bain said the private equity firm is likely more interested in William Hill’s European business, and that the worst case scenario for Caesars is merely a delay in combining with the UK company’s US operations and spinning off that unit.“We argue there is no significant value built into CZR for such at this point,” said Bain. The two investment giants paid moresanta ana casino rio rancho nm than billion for Harrah’s. (Image: Wall Street Journal)That comes after weeks of speculation regarding the fate of the British bookmaker, specifically its flourishing US business. slot machine casino m boomtown casino gretna louisianais angel of the winds casino open right nowThat’s after the sportsbook operator confirmed private equity firm Apollo Global Management (NYSE:APO) and Caesars Entertainment (NASDAQ:CZR) each approached the UK-based company about a potential takeover. As today’s price action in the name suggests, a bidding war is great for the target’s shareholders.It’s not necessarily bad for Caesars, either. Recently, some investors took stakes in William Hill with the intent of pushing for a sale, displaying no preference in terms of suitors.Apollo being part of this equation is interesting for another reason. That’s because Chinese tourism in general is still being hindered by the pandemic. “There can be no certainty that any offer for William Hill will be made, nor as to the terms on which any offer might be made.”Caesars making a run at William Hill isn’t surprising for multiple reasons. Second, William Hill runs Caesars’ sportsbooks, and Harrah’s operator owns 20 percent of the British firm’s US business.Apollo Possible WildcardThe introduction of Apollo is a boon for William Hill investors. bonus code for borgata online casino pa tachi palace casino bowling alley |