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Tag Archives: Credit

UK – Hippodrome calls for new laws on VIP credit

Hippodrome Casino Owner and Chief Executive Simon Thomas has called for the British government to give UK casinos a level playing field with international casino operators when it comes to extending credit to foreign high-rollers. The Gambling Act 2005 restricts UK casinos when it comes to lending customers money, unlike casinos in the rest of…

Canada – Cadillac Jack refinances its credit facilities

Amaya Gaming Group’s wholly-owned subsidiary, Cadillac Jack, has entered into an agreement for the refinancing of its credit facilities. The debt for the transaction was provided by an entity sub-advised by an affiliate of GSO Capital Partners, Blackstone’s credit business. Under this agreement, Cadillac Jack will have access to term loans in an aggregate principal…