Tag: sale
ANJ: France’s Gambling Market Achieves Record €12.9B in 2022
France’s national gambling authority, l’Autorité Nationale des Jeux (ANJ), published its 2022 market report, showing disparities across the different verticals. Brick-and-Mortar Gambling on the Rise Gross gaming revenue for the year reached a record €12.9 billion ($13.9 billion), posting an increase of 20% compared to 2021, spearheaded by operators holding exclusive rights (La Française des […]
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Miami land deal boosts credit rating for GEN Bhd, says Moody’s
Casino investor Genting Malaysia Bhd’s proposed disposal of several land plots in Miami, Florida in the United States, can boost the consolidated liquidity of its parent, Genting Bhd, says Moody’s Investors Service Inc. The ratings house adds that post transaction, Genting Bhd’s cash holdings on a pro forma basis are expected to be MYR27.3 billion […]
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GLPI’s Q1 Results Showcase the Triumph of Its Diversification Plan
Gaming and Leisure Properties (GLPI) has published its financial results for the first quarter of the year. The company recorded favorable results with metrics increasing across the board. As reported by GLPI, the total company revenue increased by 12.7% year-on-year to $355 million. Its income from operations, meanwhile, skyrocketed from $199.8 million in Q1 2022 […]
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GEN Malaysia to Offer Miami Plots for Sale at a Price of $1.2 Billion
Global casino operator Genting Malaysia Bhd says one of its units has a “conditional sale and purchase agreement” for the disposal of several land plots in Miami, Florida, in the United States, for a total cash consideration of just below US$1.23 billion. The firm said it expected a gain on disposal of US$967 million, according […]
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