Harrah’s Entertainment hopes to hit a $531.3 million jackpot when it launches its IPO, and the company is betting heavily on its new name change to Caesars Entertainment.
Continue reading Harrah Eyes $531.3 Mil…
Private-equity firms Apollo Management and TPG, which took Harrah’s Entertainment private in January 2008, are now preparing a $575 million initial public offering. An IPO may be just as bold a move as the buyout, as investors …
When Mario Vargas Llosa won the Nobel Prize for Literature this week, the British literary betting agent Ladbrokes couldn’t have been more pleased. Ladbrokes had given the Peruvian author slim odds of winning the prize, so when…
MGM Resorts International (MGM) may list its Macau gambling venture on the Hong Kong stock market.
MGM is a partner in MGM China Holdings, a casino in a historic district of Macau, MarketWatch reported. The casino is a joint venture with Pansy Ho, daughter of Macau gambling kingpin Stanley Ho.
The company said in a U.S. regulatory filing that the listing has yet to receive approval…
Continue reading MGM Resorts May List Macau Gambling Venture in Hong Kong
MGM Resorts May List Macau Gambling Venture in Hong Kong originally appeared on DailyFinance on Tue, 28 Sep 2010 08:06:00.
Filed Under: Company News, People, Media, Stocks in the News
Philadelphia surpassed Detroit as the largest U.S. city with a casino when SugarHouse Casino opened for business on the Delaware River today, the Associated Press reported.
Continue reading Move Over Detroit: L…