NEWS OF THE DAY
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Eldorado and Caesars are now eternally joined at the hip
This is probably the last time we hear chatter about the merger between Eldorado Resorts and Caesars Entertainment. Last week, New Jersey gaming regulators signed off on the $17-billion deal, the last approval needed to get the deal done. Not wasting any time, the two casino giants signed the final paperwork just one business day later, melding into the largest casino company in the U.S. Try to visit the former Eldorado Resorts website and it now automatically directs viewers to the Caesars site, where they are greeted with the aptly-stated phrase, “Welcome to the empire”.
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RAFI'S MARKETS
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Regrettably, It’s time to sell 888
Ever since CalvinAyre.com’s Rafi Farber first covered 888, he has been an 888 bull. He still believes that the company is fundamentally sound as gaming companies go and is confident with the management. However, he is unsure of and can no longer measure with any confidence the appropriate value for the stock.
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PRESS RELEASE
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Regal appoints Rod Runnalls as Head of Business and Product Intelligence
Regal Gaming and Leisure, part of the Gauselmann Group of leading U.K. facing brands, has confirmed the appointment of Rod Runnalls to the newly created post of Head of Business and Product Intelligence. Rod, who has gained more than 30-years gaming machine experience with The Rank Group, Ladbrokes, Leisure Link and MHG (now Gamestec), joins Regal in what is a critical post lockdown period for both the gaming machine and pub sectors.
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