Aquis Considering Second Offer on Casino Canberra

Related

The Nevada Independent

Indy Gaming: Bally’s may go private to deal with debt. Will it affect Vegas stadium?

The chairman of Bally's Corp. wants to take the casino company private. What could this mean for the A's stadium given its involvement? Also, a Laughlin casino is facing a $500000 fine from gaming regulators after members of its security team roughed up an employee and customer. Meanwhile, wagering in March Madness could top $2.7 billion…

Incidents ・ 20 March 2024

Chicago Sun Times

Illinois Gaming Board gives early approval to Bally’s Chicago casino

All bets could be on in Chicago by the end of summer. State regulators on Thursday handed down a key early approval to Bally's Chicago casino plan, paving the way for the corporation to launch a temporary gambling house within a couple of months at the historic Medinah Temple in River North while it builds the permanent structure in River West. The…

Finance ・ 02 July 2023

World Casino News

Iris CC Holdings Pty Ltd acquires entire Casino Canberra site for US$42 million

Australia-based Aquis Entertainment has officially announced that it has finalized the sale of its entire subsidiary, Canberra-based Aquis Canberra Pty Ltd, better known as the Casino Canberra site, to Iris CC Holdings Pty Ltd for an irrevocable sale price of AU$63 million, which is approximately US$42.5 million. New purchase: Under the terms of…

Industry ・ 05 January 2023

Asgam

Aquis completes US$42 million sale of Casino Canberra to Iris Capital

Australia's Aquis Entertainment says it has officially completed the sale of its wholly-owned subsidiary Aquis Canberra Pty Ltd - the operating entity of Casino Canberra - to Iris CC Holdings Pty Ltd for a final sale price of AU$63 million (US$42.5 million). Under the terms of the sale, Aquis has received an AU$60.5 million (US$40.8 million)…

Industry ・ 04 January 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

Reuters

Exclusive: Inspired Entertainment in bid to buy slot machine maker PlayAGS

Aug 12 (Reuters) - Gaming equipment provider Inspired Entertainment (INSE.O) has made a $370 million offer to acquire slot machine maker PlayAGS Inc (AGS.N), people familiar with the matter said on Friday. Inspired has offered $10 per share in cash to acquire PlayAGS, the sources said. PlayAGS shares had ended trading on Thursday at $6. They jumped…

Covid ・ 31 October 2022

Gambling News

Aquis Gets Third Offer for Casino Canberra

A third offer has come in for Aquis Entertainment's Canberra casino amounting to AUD 60 million ($41 million). The bid was submitted by Iris CC Holdings, which outbid the two offers by Capital Leisure & Entertainment Pty Ltd., a subsidiary of Oscars Group. In May, Aquis agreed on a share purchase deal with Capital Leisure, which would see Aquis…

Travel ・ 07 July 2022

World Casino News

Identity of Casino Canberra bidder revealed

In Australia and casino operator Aquis Entertainment Limited has reportedly revealed the identity of the company that earlier this week lodged an official offer to buy its Casino Canberra property. According to a Wednesday report from Asia Gaming Brief, the Sydney-listed firm agreed a provisional deal in May that was to have seen it offload the…

Travel ・ 07 July 2022

Shares Magazine

Gambling sector shares rise as regulatory review proves better than feared

Law ・ 01 July 2022

RELATED LOCATION

Country

Australia

Realestate News Australia

Gravanis brothers buying Casino Canberra

Aquis Entertainment has entered an agreement to sell Casino Canberra to Bill and Mario Gravanis' Oscars Hotels. The $52 million deal is subject to shareholder approval - with the next meeting scheduled in late July or August. The government also needs to sign off on it. ASX-listed Aquis acquired the casino in 2014, later failing to win approval for…

Covid ・ 13 May 2022

Gambling News

Aquis and Oscars Agree on Casino Canberra Sale Terms

Aquis Entertainment Ltd has signed a deal with Capital Leisure & Entertainment Pty Ltd, an Oscars Group subsidiary, and now, the company is likely to sell Casino Canberra. Regulatory approvals also need to be obtained and the price for which Casino Canberra is sold is AU$52 million ($36 million). As Aquis stated, the company will be able to use the…

Covid ・ 13 May 2022

World Casino News

Casino Canberra set to change hands

In Australia and casino operator Aquis Entertainment Limited has reportedly signed an agreement to offload its Casino Canberra property to Capital Leisure and Entertainment Proprietary Limited for approximately $35.85 million. According to a report from Inside Asian Gaming, the Canberra-headquartered firm recently agreed a share purchase deal that…

Travel ・ 13 May 2022

Reuters

Online gambling firm 888 soars on deal to pay less for William Hill assets

April 7 (Reuters) - British online gambling firm 888 (888.L) will pay a smaller price to buy William Hill's international assets from U.S.-based owner Caesars Entertainment (CZR.O), the companies said on Thursday, citing changes in economic and regulatory conditions. Shares in London-listed 888 soared nearly 30% after the British company also said…

Industry ・ 07 April 2022

RELATED CATEGORIES

Category

Travel

Category

Finance

Category

Incidents

Chicago Sun Times

McCormick Place Lakeside Center eyed for Chicago casino in one of two Bluhm-backed bids

McCormick Place's Lakeside Center would become the "gem" of a south lakefront entertainment district under a proposal to transform the 50-year-old structure into Chicago's mega-casino. A group of developers who are already behind a $4 billion redevelopment of the former Michael Reese Hospital site near Bronzeville said Wednesday they're ready to go…

Land-based ・ 04 November 2021

Casino News Daily

Casino Canberra will reopen Friday after more than 60 days of being shut down

With Covid restrictions sloughing away worldwide, a major Australian casino is scheduled to open today after more than two months of being idle in the latest health emergency shut down. Also of note, it is the one-year anniversary of Caesar's Cromwell Las Vegas reopening after a hiatus due to the health emergency. Caesar's Cromwell Las Vegas, the…

Travel ・ 29 October 2021

Share Cafe

Aristocrat Set to Take Massive UK Gamble

Poker machine and technology group Aristocrat Leisure is asking shareholders for $1.3 billion to help fund a massive $5 billion purchase of UK-listed global gambling software group Playtech. News of the huge deal and fundraising saw trading in Aristocrat shares halted yesterday to allow the placement to be done to investors at the big end of…

Travel ・ 19 October 2021

GGRAsia

Aristocrat US$2.9bn offer for online bet biz Playtech

Australia-listed slot machine maker and online gaming content provider Aristocrat Leisure Ltd has made a circa AU3.9-billion (US$2.7-million) cash offer to acquire all of London-listed Playtech Plc, a leading gaming content provider for the online and land-based casino industries. The cash offer represents a premium of approximately 58 percent to…

Covid ・ 18 October 2021

Reuters

Macau casino and junket operators seek clarity over new gambling laws

HONG KONG (Reuters) - Senior Macau casino and junket executives met with authorities in the world's biggest gambling hub on Monday seeking details on proposed regulatory changes but received little in the way of clarity. The 70-minute meeting, shown online, highlighted the uncertainty hanging over the industry since the government kicked off a…

Law ・ 21 September 2021

The Nevada Independent

Indy Gaming: Expanding usage of mobile wallets and cashless payments requires education for players and casino staff

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how they tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Sightline Payments Executive Vice President Omer…

NFL ・ 25 August 2021

Gambling News

Rise of Esports Gambling Boosts the Value of Owning Gambling Shares

Esports has seen a sharp rise in recent times. Their gambling value on esports contests has dramatically improved as competitive video gaming has been much less affected by the COVID-19 lockdown than its traditional counterpart - sports. With this in mind, investing in esports shares might be more tempting than ever, according to an analysis…

Covid ・ 23 August 2021

Baystreet

Five Gambling Stocks Investors are Increasing their Bets On

Investors are betting big on gambling stocks again. After taking a hit with the pandemic, the casino industry is set to come back strong. In fact, according to analysts at Research and Markets, the global gambling market is expected to grow at a CAGR of about 10.8% to $516.04 billion this year, as reported by Insider Money. In addition, according…

Finance ・ 16 July 2021

Casino Review

Aquis still interested in pursuing Casino Canberra redevelopment

Speaking during the company's AGM, Fung said redeveloping the casino "still forms part of our longer-term strategy for growth in Canberra", despite talks having stalled due to disagreements over slot machine numbers. "We do remain committed to the redevelopment of the property and we believe that the post COVID- 19 recovery in Canberra is the…

Strategy Guide ・ 07 July 2021

World Casino News

Casino Canberra commitment for Aquis Entertainment Limited

In Australia and the Chairman for Aquis Entertainment Limited has reportedly told investors that his firm continues to be interested in redeveloping its Casino Canberra property via a proposed makeover that could run to as much as $256 million. According to a report from Inside Asian Gaming, the revelation came from Tony Fung Wing-Cheung during a…

Jobs ・ 17 May 2021

State College

Former Macy's Site at the Nittany Mall Identified as Planned Location for Mini-Casino

The former Macy's department store site at the Nittany Mall is the planned location for a proposed mini-casino in Centre County. College Township officials received this week a local impact report as required by the Pennsylvania Gaming Control Board that identified the location for the category 4 casino, township Manager Adam Brumbaugh said in a…

Land-based ・ 22 May 2021

The Canberra Times

Casino Canberra bounces back after horror 2020

news, latest-news, canberra casino, casino canberra, covid-19, jobkeeper, aquis entertainment limited, blue whale entertainmentTrade at Casino Canberra has returned to near pre-pandemic levels after a positive end to a disastrous 2020. A strong December quarter means the casino is no longer eligible to claim the JobKeeper wage subsidy, chief…

Covid ・ 19 January 2021