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Blackstone

Blackstone completes Crown Resorts acquisition

New York-listed investment firm Blackstone has completed the acquisition of Australian casino operator Crown Resorts for AUD$6.3bn.

After securing regulatory approvals earlier this month, the transaction [...]

3 mins read

Crown approved to open Sydney casino

The NSW Independent Liquor & Gaming Authority has given Crown Sydney Casino conditional approval to begin gaming operations. 

The Authority’s chairperson, Philip Crawford, said Crown will [...]

3 mins read

Blackstone approved by Australian regulators to take over Crown Resorts

New York-based investment firm Blackstone has secured regulatory approvals to become the operator of Crown casinos in Perth, Sydney and Melbourne, Australia.

Blackstone has been approved [...]

1 min read

Crown Resorts Board recommends Blackstone takeover offer

Sydney-listed casino operator Crown Resorts has agreed a sale to investment firm Blackstone at a price of AUD$13.10 per share.

The proposed Scheme of Arrangement is [...]

1 min read
MGM Resorts

MGM acquires 14th Las Vegas casino with deal for The Cosmopolitan

New York-listed casino and sportsbook operator MGM Resorts International has entered into a definitive agreement to acquire the operations of The Cosmopolitan of Las Vegas.

The [...]

4 mins read

MGM Resorts agrees deal to take full ownership of CityCenter

New York-listed casino operator MGM Resorts International has entered into a definitive agreement to purchase Infinity World Development Corp's 50 per cent stake in CityCenter [...]

1 min read

Crown Resorts rejects Blackstone proposal as it mulls Star merger

Australia’s Crown Resorts is continuing to engage with The Star Entertainment Group regarding a potential merger of the casino businesses after rejecting an indicative takeover [...]

1 min read
GeoComply

GeoComply secures minority investments from Blackstone and Atairos

Geolocation and compliance technology specialist GeoComply Solutions has reached a definitive agreement for minority investments by funds managed by Blackstone Growth and Atairos.

The partnership represents [...]

1 min read

Crown Resorts shares soar on AUD$8bn acquisition proposal

Sydney-listed casino operator Crown Resorts has received an AUD$8.0bn acquisition offer from US private equity firm Blackstone Group.

The unsolicited, non-binding and indicative proposal on behalf [...]

1 min read
MGM Resorts

MGM raises $5bn through Bellagio real estate and Circus Circus deals

New York-listed casino operator MGM Resorts International has taken the first steps in executing its new asset-light strategy with an agreement to monetize its Bellagio [...]

1 min read

Superbet secures €175m strategic investment from Blackstone

Private equity firm Blackstone has made a €175m minority equity investment in Romanian bookmaker Superbet.

1 min read