Developers of the proposed Alon Las Vegas resort on the Strip say they’ll continue to explore options to get the project started after its principal financial backer, Australia-based Crown Resorts, ...
It was only two years ago that Crown Resorts sold its founding stake in Melco Resorts (NASDAQ: MLCO), formerly known as Melco Crown, for $1.16 billion. Now Melco is buying a 19.99% stake in Crown ...
Private equity companies generally have a reputation for buying “distressed assets” at bargain prices, squeezing as much cash out of them while making them look as profitable as possible, then selling ...
(RTTNews) - Crown Resorts Limited (CWN.AX) said that it has reached a scheme implementation deed with Blackstone, under which the U.S. private equity giant will acquire all of the shares in Crown at a ...
(RTTNews) - Wynn Resorts said that it agreed to acquire Crown London (Aspinalls), a small, members-only casino in the heart of London's upscale Mayfair district, from Crown Resorts. The acquisition is ...