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online slots real money nzSpeculation has emerged that MGM Resorts and Caesars Entertainment are negotiating a deal that would merge Las Vegas’ two largest gaming companies — in terms of the number of properties — into one massive casino empire. Genting Malaysia is in crisis mode after the gaming company’s home country announced a substantial tax increase on casino operations. Speculation has emerged that MGM Resorts and Caesars Entertainment are negotiating a deal that would merge Las Vegas’ two largest gaming companies — in terms of the number of properties — into one massive casino empire. harrah s casino funner californiaIs MGM Resorts CEO Jim Murren’s company seriously interested in Caesars Entertainment? (Image: Vincent Yu/Associated Press)Nomura, a Japanese financial services group with an expertise in the gaming industry, denounced a report from the New York Post this week featuring information supplied by unidentified sources.We seriously doubt that, even if there are such discussions, they will go anywhere,” Nomura analyst Harris Curtis said. However, it remains down about 25 percent year to date.Speculation has emerged that MGM Resorts and Caesars Entertainment are negotiating a deal that would merge Las Vegas’ two largest gaming companies — in terms of the number of properties — into one massive casino empire. cashman casino hack no survey

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firekeepers casino 400 past winnersA combined MGM and Caesars would own about 50 percent of the hotel rooms in Las Vegas and Atlantic City.Deal or No DealNomura doesn’t think MGM is actually all that interested in becoming partners with Caesars, and the financial firm is additionally downplaying suggestions in the Post article implying Wynn Resorts or Genting could also be potential suitors.Nomura concluded, “We find it a dubious proposition that either Wynn Resorts or Genting is in a position to acquire Caesars Entertainment.”Though the same hedge funds that pressed for Frissora’s ousting are thought to be seeking a sale, the Caesars board of directors said in its third quarter financial staboulder station casino open fgvotement that it remains committed to creating long-term value for shareholders.Caesars recently rejected a reverse takeover offer from Tilman Fertitta that would have placed his Golden Nugget casinos under the company’s portfolio in exchange for the billionaire receiving a significant stake in the merged entity.Despite the varying reports regarding Caesars’ future, the stock has been flat over the last 30 days. The general consensus was that Malaysia would increase its casino tax by five percent, and the annual renewal fee would remain relatively the same.Genting owns and operates four integrated casino resorts in Malaysia. “We reiterate our positive view on Caesars Entertainment, which is based not on a takeover premium but on improving operational performance with a new CEO, as well as stronger demand trends in Vegas next year.”Caesars CEO Mark Frissora announced during the company’s third quarter investor call that he will be stepping down in February. roulette casino cdiscountOne firm isn’t buying it. (Image: Roslan Rahman/Getty)Malaysian Finance Minister Lim Guan Eng shocked Genting shareholders late last week when he announced in his budget address that tariffs on gaming would be increasing by 10 percent. Is MGM Resorts CEO Jim Murren’s company seriously interested in Caesars Entertainment? (Image: Vincent Yu/Associated Press)Nomura, a Japanese financial services group with an expertise in the gaming industry, denounced a report from the New York Post this week featuring information supplied by unidentified sources.We seriously doubt that, even if there are such discussions, they will go anywhere,” Nomura analyst Harris Curtis said. brian christopher slots app

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draftkings casino paGenting Malaysia is in crisis mode after the gaming company’s home country announced a substantial tax increase on casino operations. Genting Malaysia Chairman Lim Kok Thay lost some of fortune this week after the company’s stock fell on increased tax news. However, it remains down about 25 percent year to date.The company’s portfolio additionally includes dozens of casinos in the UK. He added that annual fees for casino licenses would jump to 150 million ringgit ( million) from 120 million ringgit (.8 million).While some sort of increase was expected, the hike far exceeded analyst forecasts. The move comes after several activist hedge fund owners who have acquired a roughly 25 percent stake in the casino operator called for a leadership change.Merger Would Reshape IndustryNew York Post journalist Josh Kosman writes that sources “close to the situation” tell hiboulder station casino open fgvom “everyone knows that without a CEO, Caesars is in play.” He adds that another insider explained, “I think the next three to four months will be fascinating.”UNLV Center for Gaming Research Executive Director David Schwartz told Las Vegas Now if MGM Resorts and Caesars Entertainment indeed merge, the gaming industry would be thrown into chaos.“If this merger did happen, then probably there would be pressure on other companies to merge, so we’ll probably see something of a ripple effect through the rest of the industry,” Schwartz stated.Schwartz added that he wouldn’t necessarily be surprised that MGM and Caesars are talking. blackjack casino card games