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Wynn Resorts ceases talks with MGM to sell $2.6 billion Massachusetts casino

4 days ago DieselGasoil Comments Off on Wynn Resorts ceases talks with MGM to sell $2.6 billion Massachusetts casino
FILE PHOTO: The Encore Casino, built by Wynn Resorts in Everett, Massachusetts, U.S., April 1, 2019. REUTERS/Brian Snyder/File Photo (Reuters) – Wynn Resorts Ltd said on Tuesday the company has decided to stop talks with MGM Resorts International to sell its Encore Boston Harbor casino. “After careful consideration we have agreed to cease discussions with MGM Read More

Wynn Resorts in talks to sell $2.6-billion Massachusetts casino to MGM

1 week ago DieselGasoil Comments Off on Wynn Resorts in talks to sell $2.6-billion Massachusetts casino to MGM
FILE PHOTO: The Encore Casino, built by Wynn Resorts in Everett, Massachusetts, U.S., April 1, 2019. REUTERS/Brian Snyder/File Photo (Reuters) – Wynn Resorts Ltd is in talks to sell its nearly finished $2.6 billion casino outside of Boston to rival MGM Resorts International, the two companies said on Friday. Las Vegas-based Wynn received its Massachusetts license Read More

Wynn Resorts in talks to sell $2.6-billion Encore casino to MGM

1 week ago DieselGasoil Comments Off on Wynn Resorts in talks to sell $2.6-billion Encore casino to MGM
FILE PHOTO: The Encore Casino, built by Wynn Resorts in Everett, Massachusetts, U.S., April 1, 2019. REUTERS/Brian Snyder/File Photo (Reuters) – Wynn Resorts Ltd is in talks to sell its nearly finished $2.6 billion casino outside of Boston to rival MGM Resorts International, the two companies said on Friday. Las Vegas-based Wynn received its Massachusetts license Read More

Futures bounce as investors cheer Apple results

3 weeks ago DieselGasoil Comments Off on Futures bounce as investors cheer Apple results
(Reuters) – U.S. stock index futures jumped on Wednesday, pointing to a strong open for Wall Street as Apple Inc’s stellar results and forecast allayed concerns about slowing growth in corporate profits. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid Shares of Read More

Wynn Resorts keeps Massachusetts gaming license with $35 million fine

4 weeks ago DieselGasoil Comments Off on Wynn Resorts keeps Massachusetts gaming license with $35 million fine
(Reuters) – Massachusetts gaming regulators on Tuesday fined Wynn Resorts Ltd $35 million for not disclosing sexual misconduct allegations against founder and former CEO Steve Wynn but allowed the casino operator to keep the license for its new $2.6 billion casino near Boston due to open in June. FILE PHOTO: Construction continues on the new Read More

FBI searched for Hitler after his supposed death, declassified documents reveal

1 month ago DieselGasoil Comments Off on FBI searched for Hitler after his supposed death, declassified documents reveal
Newly declassified FBI documents reveal that the US investigated whether Adolf Hitler was really dead after reports emerged claiming he had successfully fled safely to Argentina. Hitler killed himself in his Berlin bunker April 30, 1945, but ever since, rumors have persisted that he wasn’t really dead and had in fact fled Germany to avoid Read More

French retailer Casino sells assets to Apollo Global

1 month ago DieselGasoil Comments Off on French retailer Casino sells assets to Apollo Global
FILE PHOTO: A logo of French retailer Casino is pictured outside a Casino supermarket in Nantes, France, July 20, 2017. REUTERS/Stephane Mahe/File Photo PARIS (Reuters) – French retailer Casino said on Monday it agreed to sell a portfolio of 12 Casino hypermarkets and 20 supermarkets to U.S. asset management firm Apollo Global Management in a Read More

Caesars names Anthony Rodio as CEO

1 month ago DieselGasoil Comments Off on Caesars names Anthony Rodio as CEO
FILE PHOTO: The marquee sign at Caesars Palace hotel is seen on the strip in Las Vegas, Nevada, U.S. February 16, 2011. REUTERS/Steve Marcus/File Photo (Reuters) – U.S. casino operator Caesars Entertainment Corp, which has been under pressure from activist investor Carl Icahn to sell itself, said on Tuesday it appointed Anthony Rodio as its Read More

Crown shares tumble after Wynn cancels $7.1 billion casino takeover

2 months ago DieselGasoil Comments Off on Crown shares tumble after Wynn cancels $7.1 billion casino takeover
SYDNEY (Reuters) – Shares in Australia’s Crown Resorts Ltd tumbled on Wednesday after U.S. casino giant Wynn Resorts Ltd quit discussions for a A$10 billion ($7.1 billion) buyout, although some investors appeared to be hoping for a change of heart. FILE PHOTO: An exterior view Wynn hotel-casino in Las Vegas, Nevada, U.S., February 7, 2018. Read More

Wynn ends A$10 billion acquisition talks with Australia’s Crown Resorts

2 months ago DieselGasoil Comments Off on Wynn ends A$10 billion acquisition talks with Australia’s Crown Resorts
(Reuters) – Wynn Resorts Ltd, the world’s No. 2 casino operator, said on Tuesday it scrapped preliminary talks to acquire Crown Resorts Ltd for A$10 billion ($7.1 billion), after the Australian Financial Review broke news of the negotiations. Wynn’s backtracking illustrates how media leaks of deal talks can test the resolve of potential acquirer. Crown Read More