2024.07.17
thunder valley casino newsCirca 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. 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. William Hill said it has received “separate cash proposals” from Apollo International Management and Caesars. big fish casino emailomy results for the July through September period. 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. nugget casino reno pictures pechanga casino promotionspeppermill casino concerts28. Csanta ana casino rio rancho nmirca Resort owner Derek Stevens has won approval for his new hotel-casino in downtown Las Vegas. The companies have been in talks for weeks about a deal that would combine the sportsbook operations with the former’s iGaming and sports betting units and spin a percentage of the combined entity out to public investors. sam s town casino vegasWilliam Hill said it has received “separate cash proposals” from Apollo International Management and Caesars. Shares of William Hill (OTC:WIMHY) are higher by 40 percent in midday trading Friday. 28. angel of the winds casino reopening blackjack online multiple handsraging bull casino deposit bonus codes 2021William Hill said it has received “separate cash proposals” from Apollo International Management and Caesars. But they liquidated those stakes prior to Eldorado Resorts making a .3 billion takeover offer for the Caesars Palace operator. 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. The companies have been in talks for weeks about a deal that would combine the sportsbook operations with the former’s iGaming and sports betting units and spin a percentage of the combined entity out to public investors. (Image: Wall Street Journal)That comes after weeks of speculation regarding the fate of the British bookmaker, specifically its flourishing US business. “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.free online slots to win real money coushatta casino gift shop |