Apollo Global Management, the global, high-growing asset manager that took over Yahoo from Verizon for $5 billion dollars in 2021, is looking into a merger plan between Yahoo Sports and an existing sports betting company in the industry. No details or drafts of the merger are available at the moment. Yahoo is Having Preliminary Talks […]
The Venetian and Palazzo casino resorts, as well as the former Sands Expo and Convention Center, have a new owner. Apollo Global Management and Las Vegas Sands (LVS) announced Wednesday that they have completed the sale of the iconic Las Vegas Strip properties. Changing of the Vegas Guard In separate statements, Apollo and LVS stated […]
Apollo Global Management is a step closer to returning to the Las Vegas Strip. The global investment firm has been targeting the gaming industry for years, but previous access to the Las Vegas casino scene didn’t go well. Apollo is working on a deal with Las Vegas Sands (LVS) to purchase three of the latter’s […]
It was a deal in the works for around ten months, but it has finally reached a successful conclusion. Apollo Global Management, the asset fund management company with its hands in gaming operations around the globe, is now the owner of Canada’s Great Canadian Gaming (GC). With the acquisition complete, Apollo brought in an industry […]
Apollo Global Management continues to take bigger chunks of the global gaming market. It has shown interest in a number of gaming companies around the world as the industry continues to grow. As of this past Monday, Apollo is the owner of assets in Italy that previously belonged to International Game Technology (IGT), officially taking […]
As Tabcorp continues with a review of its media and wagering business, Apollo Global Management has entered the bidding process, tabling a $4 billion offer. Apollo Joins the Race for Tabcorp’s Media and Wagering Assets Tabcorp’s (TAB) wagering and media business continues to be as tempting a prospect as ever, as Entain has already submitted […]
Private equity fund Apollo Global Management is set to expand its presence in the content and advertising space after agreeing to acquire AOL and Yahoo brands from Verizon. “Apollo delivered the strongest vision and strategy for the next phase of Verizon Media. I have full confidence that Yahoo will take off in its new home.” […]
Now that Caesars Entertainment was able to close on its purchase of William Hill and all of the sports gambling operator’s assets, it’s time to get to work. Caesars made it clear from the start that it would sell William Hill’s non-US assets following the acquisition that cost it $3.7 billion and it’s ready to […]
Sazka Group’s businesses maintain a positive performance in 3Q2020 after lockdown restrictions were lifted. Markets and channels return swiftly to business activity, which shows the company’s capacity to adapt to the new normality and the strong demand for its products. Casinos Austria Deal with Positive Impact on 3Q2020 Figures Pan-European lottery and sports betting giant […]
IGT announced on December 6 it will sell its B2C Lottomatica businesses to Apollo Global Management’s investment subsidiary for $1.15 billion. IGT Board Unanimously Approves Billion-Dollar Deal Multinational gaming provider International Game Technology (IGT) announced yesterday it has agreed to sell its Italian B2C Lottomatica businesses to Apollo Global Management’s finance subsidiary Gamenet Group for […]
