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News Stories (16 Results) - Gaming

Citizens M&A Advisory served as financial advisor to Bally’s Corporation on its acquisitions of Eldorado Resort Casino Shreveport in Shreveport, LA, and MontBleu Resort Casino & Spa in Lake Tahoe, NV, from Eldorado Resorts, Inc. for an aggregate... Read Story

May 07, 2021, 06:00 AM

United Gaming, LLC announced that it has entered into a new $75 million senior secured asset-based credit facility with Boston-based Summit Partners acting as the single lender. The Credit Facility includes multiple draw options to facilitate the... Read Story

July 15, 2019, 08:55 AM

Jam City, Inc., a leader in mobile entertainment, announced $145 million in strategic financing jointly led by JPMorgan Chase Bank, N.A. and Bank of America Merrill Lynch, and a syndicate of lenders including Silicon Valley Bank, SunTrust Bank and... Read Story

January 17, 2019, 07:25 AM

MGM Growth Properties LLC announced that it has completed the previously announced acquisition of the Hard Rock Rocksino Northfield Park for approximately $1.06 billion from Milstein Entertainment LLC. MGP funded the acquisition with cash on hand and... Read Story

July 09, 2018, 07:06 AM

Golden Entertainment Inc. announced that it completed its previously announced acquisition of American Casino & Entertainment Properties LLC, for $850 million from Whitehall Street Real Estate Partners 2007 in a cash and stock transaction.The... Read Story

October 23, 2017, 07:16 AM

Nevada-based gaming firm Golden Entertainment, Inc. announced that it has successfully completed syndication of its financing commitments to fund its pending acquisition of American Casino & Entertainment Properties and to refinance Golden’s... Read Story

August 17, 2017, 08:00 AM

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Century Gaming Technologies acquisition of Grand Vision Gaming. Based in Billings, Montana, Century is a... Read Story

June 01, 2017, 07:31 AM

SeanieMac International LTD announced that it has formally closed on a $7.5 million revolving credit facility with TCA Global Credit Master Fund, LP. The Company is drawing down an initial tranche of $500,000 immediately and upon consent of the... Read Story

January 03, 2017, 07:00 AM

According to a Bloomberg report on December 23, 2016, creditors of Caesars Entertainment Operating Co. resolved a standoff that had threatened to scuttle a plan to bring the casino giant out of bankruptcy.Bloomberg reported that senior lenders to the... Read Story

December 27, 2016, 08:04 AM

PDS Gaming Corporation (PDS), a worldwide provider of gaming equipment and financing solutions, and Northlight Financial LLC (Northlight), a manager of private investments, announced today a new credit facility financing relationship. Under the... Read Story

October 14, 2015, 07:24 AM

Reuters reported a U.S. Bankruptcy Court judge rejected Revel Casino's agreement for a sale to a Florida developer for $82 million, marking the third failed deal for the shuttered hotel.According to the Reuters report, Judge Gloria Burns in Camden... Read Story

March 16, 2015, 07:13 AM

The Wall Street Journal reported a bankruptcy judge on Tuesday approved a $26 million tax settlement between Atlantic City, N.J., and the boardwalk’s shuttered Revel Casino Hotel. The settlement, which includes more than $7 million in savings on... Read Story

December 31, 2014, 08:00 AM

CIT Group announced that it served as Joint Lead Arranger in a $310 million senior secured credit facility for The Snoqualmie Entertainment Authority, which owns and operates all gaming and related businesses on behalf of the Snoqualmie Tribe of... Read Story

February 11, 2014, 07:41 AM

Full House Resorts closed on an amendment to its First Lien Credit Agreement to provide for a $10.0 million loan from its first lien facility lenders, which will be used to fund a portion of the approximate $17.7 million construction of a 142-room... Read Story

August 30, 2013, 07:16 AM

Revel AC, Inc. announced the completion of an amendment to its existing revolving credit facility with JP Morgan Chase Bank, as administrative agent, and the lenders and financial institutions party thereto. The amendment provides for the addition of... Read Story

December 28, 2012, 07:32 AM

The gaming industry isn’t as recession-proof as many expected and experienced wide-scale expansion since the last economic downturn, but this year it has seen significant market activity and continued growth is expected according to Steve Epperly... Read Story

October 10, 2012, 07:00 AM