Caesars Entertainment says it’s in advanced talks to buy William Hill for GBP2.9 billion ($3.7 billion) to position itself to take full advantage of the expanding U.S. sports betting market.
Aristocrat Entertainment is likely to emerge from the current crisis with a larger land-based footprint in the medium-term and may be well placed to expand through acquisitions of weaker rivals, JP Morgan said in a note.
Southshore Holdings says it has reached an accord to sell 40 percent of the company that owns Macau luxury hotel The 13 for HK$750 million ($95.6 million).
Genting Malaysia is pushing ahead with its overseas expansion plans, though analysts its acquisition of Empire Resorts will weigh on long-term earnings.
The recent moves in the Asian affiliate space, including high-profile acquisitions and talk from some of the larger listed affiliates of entering new markets in Asia, might have observers believing the region is like any other, at least as far as affiliates go.
Suncity Group Holdings said its loss narrowed in the first half, though revenue declined 32.7 percent mainly due to its property development segment.
Silver Heritage said the sale of its operations in Nepal has been delayed, its chief financial officer has resigned and it is facing further legal action in the country over land use.
Wynn Resorts is negotiating the possible sale of the $2.6 Billion Encore Boston Harbor to MGM Resorts, according to media reports.
MGM Resorts International and its joint venture partner agreed to sell its Grand Victoria Casino in Elgin, Illinois, to Eldorado Resorts for $327.5 million...