Category: Mergers-Acquisitions
Chicago Mayor Johnson Supports Bally’s Amid Brewing Controversies
Chicago Mayor Brandon Johnson (D) is supporting Bally’s (NYSE: BALY) even as the regional casino operator contends with headwinds that could jeopardize its $1.1 billion integrated resort project in the third-largest US city. Chicago Mayor Brandon Johnson (D). He’s supportive of Bally’s efforts to complete a casino hotel in the city. (Image: Chicago Sun-Times) In…
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FanDuel Acquisition Could Be Needed for Nevada Entry
Despite increased competition from other states, Nevada remains one of the US meccas of sports wagering, but two of the industry’s largest operators — DraftKings (NASDAQ: DKNG) and FanDuel — still don’t offer their services in the state. The FanDuel Sportsbook logo. It could take an acquisition for the company to enter Nevada. (Image: FanDuel…
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