golden nugget casino gulfportThat’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. 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. 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. blackjack casino onlineTrip.com’s outlook confirms as much.“As a result of the continued negative impact due to COVID-19 in the third quarter of 2020, the Company expects net revenue to decrease by approximately 47%-52% year-over-year for the third quarter of 2020,” said the internet travel firm in a statement.For the June quarter, Trip.com said packaged tour revenue slid 88 percent, while corporate travel turnover was lower by 47 percent. 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. 28. tropicana laughlin hotel and casino laughlin nv

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scarlet pearl casino gulfport mibibippiThe potential target did not say how much the suitors are offering.Discussions between William desert diamond casino buffetHill and the respective parties are ongoing,” according to a statement issued by the British bookmaker. 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. 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. roulette casino jeux gratuitAlthough 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. That’s because Chinese tourism in general is still being hindered by the pandemic. (Image: Wall Street Journal)That comes after weeks of speculation regarding the fate of the British bookmaker, specifically its flourishing US business. black lotus casino no deposit bonus codes september 2021

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thunder valley casino poker roomCdesert diamond casino buffetirca Resort owner Derek Stevens has won approval for his new hotel-casino in downtown Las Vegas. “On the upside, CZR could (get) 100 percent of the value of the combined potential interactive company at a significant discount to what US investors would give it credit for.”The analyst estimates combining Caesars online casinos and sports betting businesses with William Hill USA is worth billion.Trip.com’s outlook confirms as much.“As a result of the continued negative impact due to COVID-19 in the third quarter of 2020, the Company expects net revenue to decrease by approximately 47%-52% year-over-year for the third quarter of 2020,” said the internet travel firm in a statement.For the June quarter, Trip.com said packaged tour revenue slid 88 percent, while corporate travel turnover was lower by 47 percent. That’s because Chinese tourism in general is still being hindered by the pandemic. 28. Those numbers aren’t specific to Macau, but the figures underscore the long road to recovery the casino destination faces following the COVID-19 pandemic.admiral casino uk