Tag Archives: mergers and acquisitions
Australia – Rumours resurface over Sands’ interest in Crown following NYE celebrations
The rumours that Las Vegas Sands is looking to buy a piece of Australian operator Crown Resorts are back following reports that casino tycoons Sheldon Adelson and James Packer were spotted together during a New Year’s Eve bash in the French Caribbean. The potential for Mr Packer selling his 36 per cent stake in Crown…
Asia – Union Gaming highlights Okada Manila, Crown and Wynn as Sands’ potential targets
Union Gaming has highlighted Philippines casino Okada Manila, Australia’s Crown Resorts and Wynn Resorts as being the most likely targets if Las Vegas Sands pursues the merger and acquisition that Chairman and CEO Sheldon Adelson hinted at in the company’s quarterly financial earnings call. Speaking to investors, Mr. Adelson said: “We are looking to see…
