British casino chairman rakes in 36 million pound jackpot with stock sale
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Stanley Leisure chairman Lord Steinberg has hit a 36 million pounds jackpot by selling shares in the company to a Malaysian casino giant.
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Looking to gain a foothold in the potentially lucrative United Kingdom gambling market, Caesars Entertainment says it will construct a Las Vegas-style hotel-casino in London.
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Rundown land surrounding London's  Wembley Stadium will be transformed into a glitzy $600 million  gambling resort in a joint venture between U.S. group Caesars  Entertainment and Britain's Quintain Estates.
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Slot machine maker International Game Technology (IGT.N: Quote, Profile, Research) on Tuesday posted better-than-expected quarterly earnings, as casinos bought
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Shares in Bulgarian Telecommunications Company jumped 36 per cent to Lev297 yesterday after the government sold its minority stake in an electronic auction on the Sofia bourse.
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SHARES in WMC Resources surged 36 per cent yesterday after it revealed it had become a takeover target for Swiss mining giant Xstrata.
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US gaming giant Harrah's Entertainment plans to invest up to $1 billion (519 million pounds) to snare three of the eight super-casinos to be built in Britain under relaxed gaming laws.
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IRELANDâS online bookmakers are lining up to grab a share of the $73 billion (â¬56.3 billion) American gambling market following a landmark ruling by the World Trade Organisation (WTO) last week that US legislation prohibiting gambling over the
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US casino operators are queuing up for a share of the burgeoning British market, betting on an outbreak of gambling fever after MPs voted to loosen laws governing the industry.
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LAS VEGAS  - Looking to gain a foothold in the potentially lucrative British gambling market, Caesars Entertainment Inc. announced late Monday that it will construct a Las Vegas-style hotel-casino in London.
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British billionaire adds to stake even after a big-fourth-quarter loss.
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The chairman of British online gambling company Sportingbet PLC, who was arrested last week after New York customs officials discovered his name on a Louisiana warrant charging him with illegal online gambling, resigned on Thursday, the company said.
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Quarterly earnings rose to $58 million, or 18 cents per share, from $48 million, or 16 cents per share, last year. Excluding results from casinos scheduled to be sold, a write-down of the book value of Caesars
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The board of Harrah's Entertainment Inc. has accepted a $90-per-share buyout bid from private equity groups Apollo Management and Texas Pacific Group, the casino operator said on Tuesday.
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LAS VEGAS James Murren does not play the tables or slot machines. But boy, does he love to gamble. About three weeks ago, Murren, the president and chief financial officer of MGM Mirage, the $4 billion hotel
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Las Vegas-based Harrah's Entertainment   HET.N, the world's biggest casino operator, has agreed to buy   Britain's London Clubs LCI.L for $530 million, giving the   U.S. company a strong opening in Europe.
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Caesars Entertainment Inc. , which is being acquired by Harrah's Entertainment Inc., on Friday said it would sell its ownership and management interests in a South African casino for about &#36;145 million.