New casino merger approved in Louisiana
Friday 07 de February 2025 / 12:00
2 minutos de lectura
(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
SiGMA Central Europe
03 de November 2025
Uplatform Captivates SiGMA Central Europe 2025: Fresh Ideas, Juicy Results
(Cyprus).- At Fiera Roma, where countless booths fought for attention, only one stopped attendees in their tracks and sparked the reaction, “You have to see this”—Uplatform’s standout showcase.
Thursday 20 Nov 2025 / 12:00
SiGMA Central Europe: An Exclusive Conversation with GR8 Tech’s Chief Sales Officer Yevhen Krazhan
(Rome, SoloAzar Exclusive).- In this interview, Yevhen Krazhan, Chief Sales Officer at GR8 Tech, discusses the cutting-edge products and solutions showcased at SiGMA Central Europe, the audience’s enthusiastic response, and how GR8 Tech is carving out a strong position in high-growth regions such as MENA, Africa, and Latin America.
Thursday 20 Nov 2025 / 12:00
Belatra Showcases Innovation and Expansion Strategy at SiGMA Central Europe
(Rome, SoloAzar Exclusive).- Belatra Games made a powerful impression at SiGMA Central Europe, where Chief Marketing Officer Kateryna Goi unveiled the company’s latest titles and strategic vision. The booth buzzed with excitement as visitors explored novelties such as Long Neck Fortune, Goose Boom Bang, and Fortune Mummy, alongside the centerpiece attraction—the Mummyverse, a connected universe of thrilling slot experiences. Read more about company’s growth and future expansion across Europe.
Wednesday 19 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.