M&A Deal Summary |
|
|---|---|
| Date | 2020-12-01 |
| Target | Hollywood Casino Perryville |
| Sector | Leisure |
| Buyer(s) | PENN Entertainment |
| Sellers(s) | Gaming & Leisure Properties |
| Deal Type | Divestiture |
| Deal Value | 31M USD |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1972 |
| Sector | Gaming |
| Employees | 18,321 |
| Revenue | 6.4B USD (2022) |
PENN Entertainment owns, operates and has ownership interests in gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. PENN Entertainment was founded in 1972 and is based in Wyomissing, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 19 |
| Sector (Leisure) | 8 of 8 |
| Type (Divestiture) | 2 of 2 |
| State (Maryland) | 2 of 2 |
| Country (United States) | 18 of 18 |
| Year (2020) | 2 of 2 |
| Size (of disclosed) | 9 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-04-16 |
Tropicana Las Vegas
Las Vegas, Nevada, United States Tropicana Las Vegas is an operator of Hotel and Casino that boasts stylish rooms, suites, and luxury villas, complete with acclaimed restaurants, premier entertainment options, and a 50,000-square-foot casino. The resort redefines the expectations of today's global travelers by providing a casually elegant experience on The Strip, all with a South Beach rhythm and vibe. The property also features Glow® a Mandara Spa and fitness center, Laugh Factory Comedy Club, Trago Lounge, and restaurants such as Robert Irvine’s Public House, Bacio Breakfast, Oakville Steakhouse, Barista Café, Fresh Mix, South Beach Food Court, and Savor Brunch Buffet. Tropicana Las Vegas is based in Las Vegas, Nevada. |
Sell | $308M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-05 |
theScore
Toronto, Ontario, Canada theScore operates as a sports media company in North America. It offers theScore, a mobile sports application that delivers customizable news, scores, stats, and notifications for various leagues and sports; and theScore esports, which produces and shares original video content pieces across its web and social platforms, including features and documentaries on high-profile teams, games, and players from across the esports scene, as well as highlights and interviews. The company also provides theScore Bet, a mobile sports betting platform that delivers various pre-game and in-game markets and betting options, lightning-fast scores, and in-game data comprising early cash-out, and easy and secure deposit and withdrawal options. In addition, it operates theScore.com, a web platform that provides sports news, scores, and video and editorial content written by original sports voices. theScore was founded in 2012 and is based in Toronto, Canada. |
Buy | $2.0B |
| Category | Company |
|---|---|
| Sector | Real Estate |
| Employees | 560 |
| Revenue | 1.2B USD (2020) |
Gaming & Leisure Properties is a real estate company. GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in "triple net" lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Leisure) | 1 of 2 |
| Type (Divestiture) | 1 of 2 |
| State (Maryland) | 1 of 1 |
| Country (United States) | 1 of 2 |
| Year (2020) | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-27 |
Dover Downs Hotel & Casino
Dover, Delaware, United States Dover Downs Hotel & Casino is a luxurious 4 Diamond hotel and casino offering a variety of entertainment, dining, horse racing, table games, poker, and slots. Dover Downs Hotel & Casino is based in Dover, Delaware. |
Buy | $340M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-13 |
Tropicana Las Vegas
Las Vegas, Nevada, United States Tropicana Las Vegas is an operator of Hotel and Casino that boasts stylish rooms, suites, and luxury villas, complete with acclaimed restaurants, premier entertainment options, and a 50,000-square-foot casino. The resort redefines the expectations of today's global travelers by providing a casually elegant experience on The Strip, all with a South Beach rhythm and vibe. The property also features Glow® a Mandara Spa and fitness center, Laugh Factory Comedy Club, Trago Lounge, and restaurants such as Robert Irvine’s Public House, Bacio Breakfast, Oakville Steakhouse, Barista Café, Fresh Mix, South Beach Food Court, and Savor Brunch Buffet. Tropicana Las Vegas is based in Las Vegas, Nevada. |
Sell | $308M |
