New casino merger approved in Louisiana
Friday 07 de February 2025 / 12:00
⏱ 1 min read
(Louisiana).-The Louisiana Gaming Control Board has approved petitions from multiple casino operators seeking approval for new institutional investors and a proposed merger agreement involving Bally’s Corporation.
Premier Entertainment Shreveport, LLC, which operates Bally’s Shreveport Casino & Hotel, along with Louisiana Casino Cruises, LLC (The Queen Baton Rouge) and Catfish Queen, LLC (Belle of Baton Rouge), have submitted petitions requesting approval for three entities to qualify as institutional investors.
The board also approved a merger between Bally’s Corporation and The Queen Casino & Entertainment.
The merger will bring Bally’s Shreveport Casino & Hotel, The Queen Baton Rouge and the Belle of Baton Rouge under one entity.
The entities approved include the University of Chicago, Entrust Special Opportunities Master Fund III, L.P., and Entrust Global Partners, LLC.
The University of Chicago will hold a 5.84% stake, Entrust Special Opportunities Master Fund Three LP would hold 7.06%, and Entrust Global Partners LLC would own 12.90%.
Louisiana State Police gaming enforcement officer Brian Jefferson stated that after reviewing the petition and supporting documents, investigators determined the entities are passive investors with no management responsibilities, decisionmaking authority, voting rights or operational control over Bally’s or its Louisiana licensees post-merger.
Categoría:Legislation
Tags: Sin tags
País: United States
Región: EMEA
Event
GAT EXPO CARTAGENA 2026
24 de March 2026
NOVOMATIC drives the growth of the Colombian market at GAT Cartagena 2026
(Cartagena).- Following a standout participation at GAT Cartagena 2026, NOVOMATIC Gaming Colombia reaffirmed its leadership in the Latin American gaming industry by combining a strong technological showcase with the launch of linked progressive jackpots and active involvement in regulatory discussions shaping the future of the slot machine sector in the country.
Thursday 02 Apr 2026 / 12:00
Trade Associations and Governments in Latin America: The Gaming Sector Calls for Technical Dialogue and Regulatory Predictability
(Cartagena de Indias, SoloAzar Exclusive).- Cartagena de Indias was the stage for an intense debate on the role of gaming associations in shaping public policy, where regional leaders agreed on the need to strengthen dialogue with governments, warned about unilateral decisions that affect the sustainability of the industry, and proposed an evolution of trade associations into key technical actors in the region.
Wednesday 01 Apr 2026 / 12:00
Technology, AI and Traceability: Keys to the Future of Gaming at the GAT Expo Cartagena Suppliers Panel
(Cartagena de Indias, SoloAzar Exclusive).- Within GAT Expo Cartagena 2026, technology sector leaders analyzed the challenges and opportunities of the gaming industry during the panel “Innovation, Traceability and Control”.
Tuesday 31 Mar 2026 / 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.