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News Stories (13 Results) - Gaming Industry

Armory Securities announced the successful sale of the assets of Aruze Gaming America, Inc (“Aruze”) via §363 auction under the U.S. Bankruptcy code. Armory served as exclusive financial advisor to Aruze in connection with the transaction.Aruze is a... Read Story
October 04, 2023, 07:00 AM

Caesars Entertainment closed $3 billion in new senior secured credit facilities consisting of a new $750 million senior secured term loan and a new $2.25 billion senior secured revolving credit facility resulting from an increase and extension to... Read Story
October 06, 2022, 08:05 AM

Houlihan Lokey announced that Joel Simkins has joined the firm’s Technology Group as a Managing Director covering the gaming sector. He is based in New York. “We are delighted to add Joel to our market-leading Technology Group. His depth of industry... Read Story
June 22, 2022, 07:14 AM

Corsair Gaming, a leading global provider and innovator of high-performance gear for gamers and content creators, completed the successful refinancing of its 2017 credit facilities with borrowings under a new $350 million credit facility, consisting... Read Story
September 07, 2021, 07:47 AM

Citizens M&A Advisory served as financial advisor to Bally’s Corporation on its acquisition of Tropicana Evansville in Evansville, IN, from Caesars Entertainment Corporation, as well as the acquisition of Jumer’s Casino & Hotel in Rock Island, IL... Read Story
August 09, 2021, 07:35 AM

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

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

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

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

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

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