Tag Archives: Rock Gaming LLC
- GVC snubs suitors of Bwin.party’s assets; Dan Gilbert might expand his gambling company to Las Vegas, expert says
November 9, 2015
GVC Holdings has turned down offers from several parties interested in buying the businesses that it is acquiring as part of its £1.1 billion acquisition of Bwin.party. The AIM-listed online gambling company won the battle to take over Bwin.party digital entertainment in the early part of September. Its acquisition has...
- Investing The Hard Way: Can MGM and Caesars Outrun Their Debt?
November 12, 2012
Over the last few months, I've been rather bearish on both Caesars Entertainment (CZR) and MGM Resorts International (MGM), arguing that the high debt loads at each company – $20 billion and $13 billion, respectively – means equity investors are unlikely to see solid returns. Indeed, I've argued that MGM...
- Caesars Interactive share sale; Winamax US free-play; Dragonplay raises $14m
April 4, 2012
Caesars Entertainment has sold an undisclosed percentage of its online gaming division, Caesars Interactive Entertainment (CIE), to Rock Gaming, with whom Caesars is developing two Ohio casino projects. In a filing with the Securities and Exchange Commission first reported by the Las Vegas Review-Journal, Caesars stated that Rock Gaming had...
- Cavaliers’ Dan Gilbert set to expand casino empire into Maryland
January 23, 2012
It's finally been confirmed that Cleveland Cavaliers owner and Quicken Loans founder, Dan Gilbert, has planned to expand his casino empire east of Detroit into Maryland. Verified by Gilbert’s Rock Gaming LLC COO, Matt Cullen, Gilbert submitted paperwork last autumn with a $22.5 million application fee to build a $310 million casino in...
- Cleveland Cavaliers owner Dan Gilbert to open urban casinos in Maryland and Ohio
October 18, 2011
Cleveland Cavaliers owner Dan Gilbert plans to extend his sphere into the interstate gambling business, though “urban casinos”. Cleveland.com reports that Gilbert, the founder of Quicken Loans, is chief of a new gambling investment company Rock Gaming LLC that plans to open "high-style, up-scale urban casinos" in Ohio and Maryland. Rock Gaming LLC,...
MGM’s Maryland casino National Harbor sets new revenue record
September 7, 2017
National Harbor posts lowest gaming revenue in six months
October 6, 2017
MGM National Harbor outperforms other Maryland casinos in July
August 16, 2017
Maryland Live regains casino crown from National Harbor
March 7, 2017