Starting next month, Crown Resorts’ $1.6 billion Crown Sydney might finally have an operational casino. A spokesperson for the New South Wales gaming regulator, ILGA, told Channel 7 News there that it “anticipated” that Crown could begin to offer gaming on a conditional basis within the next few weeks. This does not mean ILGA believes […]
Crown Resorts’ board of directors has accepted the $6.3-billion purchase bid from Blackstone Group. Now, rumors are spreading that the investment firm may choose to liquidate all of the Australian casino operator’s assets. Blackstone Group has increased its interest in the global gaming space over the past couple of years. It has set its sights […]
SEATTLE – Leafly Holdings Inc. (“Leafly”), the world’s leading online cannabis discovery marketplace and resource for cannabis consumers, today announced the members of its Board of Directors to be appointed […]
Crown Resorts informed shareholders yesterday that it will consider — and likely recommend accepting — a new offer from private equity giant Blackstone Group. The bid to acquire the casino company’s assets is for A$8.87 billion (US$6.48 billion). Blackstone’s nearly $6.5 billion pitch for Crown is the investment firm’s fourth play for the Australian casino […]
The bidding war for Crown Resorts is reaching its conclusion, and Blackstone has entered into exclusive talks after upping its bid to AU$8.87bn (US$6.48bn).
