Hot news

Dublinbet

Dublinbet

DublinBet.com is an innovative and classy casino and card room. It offers classic online casino game favourites plus some of the best live dealer games on the net for January 2012.

Through the latest webcasting technology you can interact with dealers from the privacy of your home (or office!). The sounds and dealer action is live from the Fitzwilliam Card Club and Casino, in Dublin Ireland. DublinBet's Distance Gaming® is a 'must try even if you're not fussed for live dealer games - try the unique early payout

+ More info...

888

888

Do you find it hard to get to a live casino to play poker? Then simply come to 888poker, the best poker online room in Australia and experience the same thing with no hassle.888 Casino is one of the most famous casinos in cyberspace, thanks to some of the most eye-catching promotions in the industry and an ongoing commitment to innovation. Owned and operated by a subsidiary of 888 Holdings plc, which is listed on the London Stock Exchange, 888 Casino was launched in 1997 and more than 25 million people have played here since.

+ More info...

365 Casino

365 Casino

Enjoy a huge selection of casino games at 365 Casino with monthly bonuses and weekly promotions, Play Blackjack, Roulette, Baccarat, Slots, and Video Poker and win big at 365 casino. 24hrs a day, 365 days a year Safe & secure with excellent Customer Service.

+ More info...

Elegance Casino

Smart Live Casino

The unique thing about Smart Live Casino is its live casino games. It offers live baccarat, live roulette and live blackjack where the player sees the dealer and the action unfold infront of his own eyes. They have a fully array of games as well as sports betting. The site also comes in a variety of languages.

+ More info...

Empire City Casino Explores Partnership or Sale

E-mail Print PDF

New York's Empire City Casino at Yonkers Raceway is exploring strategic alternatives, including a possible sale or partnership, according to people familiar with the matter.

The privately held casino company has retained investment bank J.P. Morgan Chase & Co. for the review, according to the people. It is possible the company will ultimately decide to remain in its current form, the people said. Empire City could announce the move to review alternatives as soon as Wednesday, one of the people said.

The company is situated on a 100-acre property in Yonkers, just north of New York City. It was founded in 1899 as the Empire City Trotting Club. In 1972, the Rooney family bought Empire City for $52 million, according to a person familiar with the matter. Tim Rooney, whose family owns the National Football League's Pittsburgh Steelers, is the chief executive of Empire City, which the family still owns.

In 2001, Empire City expanded beyond horse racing. Today, it has more than 5,300 slot machines as well as electronic table games. Empire City generates more than $600 million in gaming revenue, according to one of the people, making it one of the larger casino operators in the U.S. It isn't clear how much the company may be worth, but based on the revenue multiples of other casino operators, it could fetch more than $1 billion if it were to be sold. Finding a partner could allow the family to make Empire City more of a destination by adding a hotel, spa, retail or other attractions, this person said.

Private-equity has been a big player in casino consolidation, but there have also been recent strategic deals. Last month, for example, The Wall Street Journal reported that Penn National Gaming Inc. has been in merger discussions with rival casino operator Pinnacle Entertainment Inc.

Write to Dana Mattioli at This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Continue Reading Below

(END) Dow Jones Newswires

November 15, 2017 07:14 ET (12:14 GMT)

Read more http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNFrTA7a8mt2sVwNA12kMcK8Uxnx8g&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779677121217&ei=lHIMWriOA4TyhgGSuoKYDg&url=http://www.foxbusiness.com/features/2017/11/15/empire-city-casino-explores-partnership-or-sale.html

You are here