2024.07.19
drake casino bonus codes 2021The stock soared today on takeover chatter. That’s because Chinese tourism in general is still being hindered by the pandemic. That’s because Chinese tourism in general is still being hindered by the pandemic. tachi palace casino poker roomSecond, 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. 28. That’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. penny roulette casino usa viejas casino resort san diegoboulder station casino and hotelThat’s because Chinese tourism in general is still being hindered by the pandemic. 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. 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. black oak casino table gamesThat’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. 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. That’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. d prime mgm casino sycuan casino padres suitelive casino vegasThose numbers aren’t specific to Macau, but the figures underscore the long road to recovery the casino destination faces following the COVID-19 pandemic.The stock soared today on takeover chatter. 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. The William Hill sportsbook at Monmouth Park in New Jersey. William Hill said it has received “separate cash proposals” from Apollo International Management and Caesars. 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. chukchansi casino events 2021 twin river casino sports book |