acquisition

Flutter Entertainment Acquires The Stars Group

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By Dan Katz - October 2nd

In stunning news this morning, The Stars Group, owner of PokerStars, announced that it has agreed to be acquired by Flutter Entertainment plc. Flutter Entertainment is the parent company of PaddyPower, Betfair, FanDuel, Adjarabet, sportsbet, and TVG. A new behemoth is formed It is an all-share deal, with shareholders of The Stars Group receiving .2253… Read more »

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Report: MGM in Talks to Sell Bellagio, MGM Grand Las Vegas to Blackstone Group

Report: MGM in Talks to Sell Bellagio, MGM Grand Las Vegas to Blackstone Group Thumbnail
By Dan Katz - September 17th

Bloomberg is reporting that Blackstone Group, Inc. is pursuing the acquisition of both the Bellagio and MGM Grand Las Vegas from MGM Resorts International. The financial media outlet’s sources say the two companies are talking, but no details are known yet and things could always fall apart. Bloomberg analysts estimate that the Bellagio could sell… Read more »

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