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.
GVC Holdings has revised its full year profit projections upwards for the second time this year after the operator’s online and European retail growth helped offset a weaker performance from its UK retail arm.
iGaming affiliate marketing giant Raketech entered the online casino market with the launch of its new brand Rapidi. The site, powered by Bethard Group's Together Gaming platform and featuring Trustly's rapid deposit solution Pay N Play, is live for Finnish and Swedish players.
Danish gambling operator Danske Spil has agreed a deal to take ownership of Tivoli Casino’s online gaming business. Danske Spil will be able to use the TivoliCasino.dk brand as part of its business for the next 10 years.
US casino giant Caesars Entertainment has appointed Anthony Rodio as its new chief executive officer. Rodio, who currently serves in the same role at Affinity Gaming, will make the move to Caesars within the next 30 days.