$15 Billion Deal for HarrahÂs May Put Other Casinos Into Play
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Private equity firms have found a new business where they can place their multibillion-dollar bets: gambling.
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arrah&#39;s Entertainment and Caesars Entertainment, which announced plans to merge in July, are in talks with a group of financiers about selling the Atlantic City Hilton and three other casinos as a way to win approval from regulators for their merger
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Donald Trump&#39;s casino company expects to decided in the next couple of weeks whether it can reach a new debt restructuring deal with bond holders, sell assets or whether Trump will take the company private, executive vice
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Harrah&#39;s Entertainment and Caesars Entertainment Inc. have agreed to sell four hotel-casinos to an affiliate of Colony Capital LLC for about 1.2 billion dollars.
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The board of the world's largest casino operator, Harrah's Entertainment Inc., has accepted a $17.1-billion buyout bid from private equity groups Apollo Management and Texas Pacific Group.
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Harrah&#39;s Tunica Casino &amp; Hotel and Bally&#39;s Casino Tunica will be sold to an affiliate of Colony Capital as part of a four-hotel deal valued at $1.
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Harrah's Entertainment Inc. ,  the world's biggest casino operator, on Monday said it has  received a $15 billion buyout offer from private equity firms  Apollo Management and Texas Pacific Group. .
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Private equity firms' interest in Harrah's may revolve around a sale of its Strip real estate.
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U.S. gaming company Las Vegas Sands Inc. wants to build six more hotels that include some casinos in an area of the southern Chinese gambling enclave of Macau it hopes to model after the Las Vegas Strip.
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Harrah&#39;s Entertainment Inc. and Caesars Entertainment Inc., both of Las Vegas, have begun talks to sell four casinos to a group led by Colony Capital LLC, according to media reports.
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Harrah's Entertainment Inc. , the target of a $15 billion buyout offer in the United States, said it had pulled out of the race to build and run Singapore's second casino resort, citing the project's high cost.
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As I&#39;ve said before, I don&#39;t think Harrah&#39;s Entertainment (NYSE: HET) could have hoped for much better. Late last month, casino operator Harrah&#39;s and merger partner Caesars
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- Station Casinos Inc.  said it agreed to be acquired by privately held Fertitta Colony Partners LLC for $90 per share, or $5.4 billion in cash.
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The world's largest gambling firm, Harrah's Entertainment, is offering $530 million to buy London Clubs International, a British casino operator.
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Las Vegas-based Harrah's Entertainment  , the world's biggest casino operator, has agreed to buy  Britain's London Clubs  for $530 million, giving the  U.S. company a strong opening in Europe.
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The country&#39;s biggest casino operator, Stanley Leisure, says it plans to build a new casino in Leeds, in a deal that could create more than 1,000 jobs.
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Rolling the dice at a craps table or wagering a paycheck playing poker may not be the most rational use of money, but one casino operator is hoping investors will find its stock a better bet.