Casino Regulator Demands Payment From Imperial Pacific Int’l as Asset Auctions Continue

Posted on: October 21, 2022, 06:58h.  Last updated on: October 21, 2022, 06:58h. The Commonwealth Casino Commission (CCC) of the Northern Mariana Islands (CNMI) is once again trying to assert…

Imperial Pacific Int’l Finds $6M To Pay off Casino Debts, Tries To Stop Asset Auction

Posted on: October 6, 2022, 11:15h.  Last updated on: October 6, 2022, 11:27h. International Pacific International (IPI) owes the Commonwealth of Northern Mariana Islands around $100 million for its Imperial…

The Cosmopolitan of Las Vegas is real estate’s “most profitable single asset sale ever” for Blackstone

The transaction that saw Blackstone sell The Cosmopolitan of Las Vegas for $5.65 billion was the “most profitable single asset sale ever” for the company’s real estate business, Blackstone said in an earnings report Thursday.…

Catena Media Launches Strategic Review, Considers Asset Sales

Gambling affiliate operator Catena Media published a press release today to signify that third-party interests to acquire certain Catena Media assets triggered a strategic review of the business. Sales of…

Caesar Stock Can Nearly Double Helped By Margins, Asset Sale

Posted on: November 12, 2021, 10:20h.  Last updated on: November 12, 2021, 11:33h. It’s up more than 37 percent year-to-date and currently residing around $105. But Caesars Entertainment (NASDAQ:CZR) stock…