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
SBC Summit Rio 2026
03 de March 2026
Pay4Fun Showcases Payment Innovation and Regulatory Leadership at SBC Summit Rio
(Rio de Janeiro, SoloAzar Exclusive).- Leonardo Baptista, CEO and co-founder of Pay4Fun, showcased the firm’s role as Brazil’s first authorized payment institution for the regulated betting and gaming market during SBC Summit Rio. Highlighting compliance, sector expertise, and efficiency, the company positioned itself as a trusted partner for operators adapting to Brazil’s new regulatory framework.
Friday 20 Mar 2026 / 12:00
Eeze LatAm's Maximiliano Ramos after SBC Summit Rio: "Brazil is the industry's spotlight today"
(Rio de Janeiro, SoloAzar Exclusive).- In this interview, Maximiliano Ramos, Eeze's Partnership Manager LATAM , analyzes the value of SBC Summit Rio as a key meeting point for the industry, the growth of the Brazilian regulated market and the opportunities opened up by artificial intelligence, strategic networking and innovation in user experience for gaming in the region.
Thursday 19 Mar 2026 / 12:00
Digital infrastructure strengthens trust in Brazil’s regulated betting market
(Rio de Janeiro).- The development of a robust technological infrastructure was highlighted as one of the key pillars for the functioning of Brazil’s regulated betting market during the panel “Building the Digital Infrastructure in Brazil’s Regulated Market,” held at the SBC Summit Rio event. The debate brought together representatives from the government, operators, and technology companies to discuss data monitoring, digital security, and consumer protection.
Friday 06 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.