2024.07.18
clearwater casino pow wowThe property is set to open Oct. Circa Resort and Casino has cleared its final hurdle to begin operating next month as the first hotel-casino in 40 years built from the ground up in downtown Las Vegas. The stock soared today on takeover chatter. mohegan sun casino executivesCirca Resort and Casino has cleared its final hurdle to begin operating next month as the first hotel-casino in 40 years built from the ground up in downtown Las Vegas. Shares of William Hill (OTC:WIMHY) are higher by 40 percent in midday trading Friday. The two investment giants paid moredesert diamond casino buffet than billion for Harrah’s. black oak casino employment harrah s cherokee casino in murphy north carolinalive casino login philadelphiaIt was an investment that almost immediately turned bad, as the debt-laden gaming entity filed for bankruptcy protection in 2015.Apollo and TPG held Caesars’ equity until early 2019. Circa Resort and Casino has cleared its final hurdle to begin operating next month as the first hotel-casino in 40 years built from the ground up in downtown Las Vegas. Apollo 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. clearwater casino poker28. The two investment giants paid moredesert diamond casino buffet than billion for Harrah’s. 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. big dollar casino affiliates hard rock casino davieslot videos from vegaslowroller“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. It was an investment that almost immediately turned bad, as the debt-laden gaming entity filed for bankruptcy protection in 2015.Apollo and TPG held Caesars’ equity until early 2019. (Image: The News Market)After hearing from owner Derek Stevens, the Nevada Gaming Commission on Thursday unanimously granted licensing approval for the resort.Circa will begin operating in two phases. “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. Shares of William Hill (OTC:WIMHY) are higher by 40 percent in midday trading Friday. online casino companies online casino no deposit bonus japan |