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Tag Archives: Casino Aquisition

France РLucien Barri̬re offloads three casinos

Lucien Barrière has sold three casinos in Leucate, Briançon and Chamonix. SFC (la Société Française de Casinos) has bought the casino in Chamonix outright but it has created a subdivision called ‘Société Franco-Belge Casinos’ with Belgian operator Circus Casino Group to co-own the other two properties. SFC will own 49 per cent of the capital…

US – Full House for Fitzgerald’s Tunica

Full House Resorts is to buy Fitzgerald’s Casino in Tunica, Mississippi, from The Majestic Star Casino for US$62m. Full House intends to fund the acquisition of the Fitz Casino with a combination of refinancing its existing credit facilities with a new credit facility with a capacity of approximately $125m and through an equity offering. The…

US – Pinnacle doubles down following Ameristar conclusion

Pinnacle Entertainment announced has concluded its takeover of Ameristar Casinos for US$ 2.8bn adding eight properties to its estate which has doubled in size to 16 casinos in nine states. The deal excludes the Ameristar Casino Lake Charles development project and Pinnacle’s Lumiere Place Casino and Hotels which are potentially being divested. Anthony Sanfilippo, CEO…