GLPI boosts offer for Pinnacle Entertainment to $5 billion – Las Vegas Review-Journal

OctaFinance.comGLPI boosts offer for Pinnacle Entertainment to $5 billionLas Vegas Review-JournalIn a letter to Las Vegas-based Pinnacle's board, Gaming and Leisure Chairman Peter Carlino said the new offer would also increase the ownership stake that Pinnacle shareholders would receive in the REIT. J.P. Morgan gaming analyst Joe Greff told …Pinnacle Entertainment considers new proposal from GLPICasino City Times (press release)all 104 news articles »

Las Vegas Bankruptcy Court

Developer of Bahamas resort accuses Chinese firm of sabotage – Reuters

Developer of Bahamas resort accuses Chinese firm of sabotageReutersBaha Mar has been plagued by delays and ran out of money, forcing the developer to file for bankruptcy protection in a Delaware court late last month. The project, which is to feature a Las Vegas-style casino and more than 2,000 hotel rooms, is being …and more »

Deutsche Bank's Casino Investment Challenged Over Libor Plea – Bloomberg

BloombergDeutsche Bank's Casino Investment Challenged Over Libor PleaBloombergThe bank, which in April agreed to a $2.5 billion fine and settled fraud charges by U.S. And U.K. Authorities, is being targeted by the Culinary Workers Union Local 226 in Las Vegas. The union has asked Nevada casino regulators to review the bank's 25 …and more »

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