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Private equity firm takes over full ownership of Affinity Gaming

25th August 2016 6:59 am GMT

Private equity firm Z Capital Partners is to acquire the remaining 59 per cent stake in Nevada-based casino operator Affinity Gaming in a deal worth $580m.

Z Capital Partners, an arm of investment fund Z Capital Group, already owns a 41 per cent stake in Affinity, and will purchase the remaining shares for $17.35 per share.

Founded in 2010 and headquartered in Las Vegas, Affinity operates 11 properties in four US states including Buffalo Bill’s Resort & [...]

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