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Operator News

South Africa – Tsogo Sun reshuffles its pack

South African casino operator Tsogo Sun is reshuffling its pack by selling seven of its casino and hotel businesses to Hospitality Property Fund (HPF) in a shares-and-subscription deal worth R23bn. The deal will see Tsogo Sun own around 87 per cent of the shares in Hospitality Property Fund. The board said the move was in line with its ...

Argentina – International investors pull out of Buenos Aires tender as Peso plummets

Only three of the eight companies initially interested in the tender for the slot machines located in the state casinos in the province of Buenos have submitted their bids, according to local daily La Nación. The opening of bids were made ...

US – Churchill Downs forced to rethink Lady Luck acquisition

US racino operator Churchill Downs' has been forced to rethink its deal to buy Lady Luck Casino in Vicksburg, Mississippi from Eldorado Resorts but Churchill will continue with its pursuit of Presque Isle Downs & Casino in Erie, ...

China – SJM at risk of losing some of its satellite casinos

Brokerage Sanford C Bernstein believes that the Macau government could offer licences currently exploited as ...

Chile – Enjoy to invest heavily in new municipal licences

Latin American gaming and resort company Enjoy has informed investors that it plans to invest as much as US$116.7m ...

Spain – Novomatic awarded licence in Granada

The Ministry of Finance and Public Administration has awarded Novomatic the licence to operate a casino in Granada. ...

France – Barrière and Raineau get green light for two more Parisian gaming clubs

Two new gaming clubs have been authorised in Paris with The Barrière club and the Centaura joining the Paris ...

Philippines – PAGCOR suggests Boracay could be back on the cards

Alfredo Lim, PAGCOR President and Chief Operating Officer, has said that the five license applications that had ...

US – MGM completes purchase of Rocksino Northfield Park

MGM Growth Properties has completed the previously announced acquisition of the Hard Rock Rocksino Northfield Park ...