Casino operator MGM Resorts International has agreed to sell its iconic Bellagio Las Vegas property and form a joint venture with Blackstone Real Estate Income Trust, in a deal worth $4.25bn. MGM has also struck a deal to sell Circus Circus for $825m to an affiliate of Treasure Island owner Phil Ruffin.
Online gaming solutions provider BetConstruct has launched its new Spring Pro technology platform, with the aim of allowing operators to choose, adjust and customise products to suit their specifications.
The Tennis Integrity Supervisory Board has appointed Jonathan Gray as the first chief executive of the Tennis Integrity Unit (TIU), the professional sport’s anti-corruption body. Gray will take up his new role in February 2020.
GVC Holdings has forecast a 1% year-on-year drop in net gaming revenue for the three months to the end of September 2019, with the operator anticipating a double-digit decline in UK retail revenue following the cut in maximum B2 machine stakes.
Online gaming solutions provider Aspire Global has finalised its acquisition of B2B supplier Pariplay. Aspire Global has purchased 100% of the shares in GMS Entertainment Ltd, the owner of Pariplay, for €13.1m in cash.
The UK Government has published an eight-point checklist to help those working in the gambling industry prepare for a potential no-deal Brexit. The UK is due to leave the European Union on October 31, but an exit deal is yet to be agreed with the EU.
Rank Group, the parent company of Mecca Bingo and Grosvenor Casinos, has finalised its acquisition of online casino and bingo operator Stride Gaming. Stride Shares will cease trading on AIM at 7.00am on October 7.