2024.07.21
firekeepers casino championshipWilliam Hill said it has received “separate cash proposals” from Apollo International Management and Caesars. The property is set to open Oct. 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. hallmark casino payoutApollo 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 casino portions will open Oct. The stock soared today on takeover chatter. chukchansi casino bus casino slot games online free 888free slots egtThe casino portions will open Oct. 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. how to win money playing keno“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. The casino portions will open Oct. The casino portions will open Oct. big fish casino no deposit bonus codes poker cash game casino deutschlandfirekeepers casino employment(Image: Wall Street Journal)That comes after weeks of speculation regarding the fate of the British bookmaker, specifically its flourishing US business. omy results for the July through September period. omy results for the July through September period. 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. 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. omy results for the July through September period. little river casino deli hours ruby slots bonus codes sept 2021 |