The Totally Gaming Academy have partnered with GamCrowd to launch the Digital Transformation Academy
The agreement, announced at the fifth annual New Horizons in Responsible Gambling Conference in Vancouver, B.C., marks the first time a program of this kind is being licensed by any commercial gaming company in North America.
Scientific Games announced today it will release results for its fourth quarter and full year ended December 31, 2016 on Thursday, March 2, 2017 after market close
The visitors of the 2017 edition of the ICE exhibition in London were greeted by a completely redesigned stand, boasting a tasteful golden and black theme
Goran Sovilj has been promoted to the position of VP of Sales Gaming EMA, in recognition of the significant contribution he has made to sales growth in the region in the past years
The 2017 edition of ICE Totally Gaming will be declared the biggest on record, pending verification by independent auditors
Melco Crown Entertainment Ltd has upped the ante against its casino rivals to win the chance to build a casino resort in Japan, declaring there’s no limit on how much the company is prepared to invest.
Central to the ICE Totally Gaming Show was NOVOMATIC and its various international group companies and competence centres that presented a full range of gaming solutions ready to excite the market and break new ground in 2017.
The amendment is an important milestone on the path to launching the New Caesars and completing Caesars Entertainment Operating Company, Inc.'s ("CEOC") court-supervised restructuring process. The New Caesars will result from the combination of Caesars Entertainment and Caesars Acquisition.
The amended terms of the merger, as set forth in an amendment to the Merger Agreement, will be disclosed in Form 8-Ks to be filed today by Caesars Entertainment and Caesars Acquisition, respectively. Under the terms of the Merger Agreement, as amended, Caesars Acquisition stockholders will receive 1.625 shares of Caesars Entertainment for each Caesars Acquisition share they own, subject to anti-dilution adjustments in certain circumstances set forth in the Merger Agreement, as amended. Closing of the merger is subject to regulatory and stockholder approval, receipt of certain tax opinions and other customary closing conditions.
In a separate announcement, Caesars Entertainment, CEOC and its Chapter 11 debtor subsidiaries announced today that CEOC has entered into committed financing agreements for proposed new senior secured credit facilities of CEOC, marking another key development in CEOC's restructuring.
The merger terms were negotiated by special committees of the boards of Caesars Entertainment and Caesars Acquisition. The committees are comprised of independent directors of each board.
Centerview Partners served as the exclusive financial advisor to the special committee of Caesars Entertainment and Reed Smith LLP served as the committee's legal counsel. Moelis & Company LLC served as the exclusive financial advisor to the special committee of Caesars Acquisition and Skadden, Arps, Slate, Meagher & Flom LLP served as the committee's legal counsel.