Wynn Resorts claims end discussion on acquisition of Crown Resorts
Thursday 11 de April 2019 / 14:09
2 minutos de lectura
(Macau).- Wynn Resorts has announced termination of preliminary transaction discussions with Crown Resorts linked to the acquisition of the latter.
‘Following the premature disclosure of preliminary discussions, Wynn Resorts has terminated all discussions with Crown Resorts concerning any transaction,’ the company state on Tuesday.
According to the Brokerage firm Sanford C. Bernstein, Wynn Resorts proposed a nearly US$7.1 billion (MOP57.2 billion) takeover offer to Crown Resorts.
Bernstein previously suggested that the acquisition may have ‘merit’ since there may be solid synergies between the companies with respect to Chinese customers.
The brokerage firm also said it saw the acquisition partly as a possible ‘defensive strategy’ for Wynn to fend off any potential acquirers.
Bernstein claimed that Wynn Macau and Las Vegas assets are ‘crown jewels’ in the gaming industry, with an acquisition of Wynn Resorts having been discussed by investors. The broker also said that there is no guarantee that any potential discussion around the deal will not resurface at this point.
Categoría:Gaming
Tags: casinos,
País: Macao
Event
SiGMA Central Europe
03 de November 2025
Amusnet Showcases Multichannel Strength at SiGMA Central Europe 2025
(Rome, SoloAzar Exclusive).- At SiGMA Central Europe 2025, Amusnet reaffirmed its position as a leading multichannel supplier. Polina Nedyalkova, Director of Amusnet Italy, highlighted the company’s comprehensive portfolio spanning Online casino, Live casino, and Land-based solutions, while underlining Italy’s strategic importance for the group.
Tuesday 18 Nov 2025 / 12:00
Dual Brand Strategy: Amatic Classics and Wildcat Innovation Impress at SiGMA Central Europe
(Rome, SoloAzar Exclusive).- Riccardo Cavallaro, Amatic Online Project Manager, granted an interview to SoloAzar about the recent participation at SIGMA Central Europe. Amatic Online and Wildcat Gaming took center stage, showcasing a powerful mix of trusted classics and bold new releases. He described how both brands resonate strongly with operators and together deliver a complementary, future‑ready portfolio.
Monday 17 Nov 2025 / 12:00
SiGMA Central Europe Awards EGT Digital the Title of Fastest Growing Aggregator 2025
(Sofia).- EGT Digital has been awarded the “Fastest Growing Aggregator 2025” title at this year’s SiGMA Central Europe exhibition in Rome.
Monday 17 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.