Las Vegas Sands in deal to create world's largest Cyberslot Megaclusters casino 2. Report: NYX Gaming to buy Cyberslot Megaclusters gaming company 3. Nevada regulator approves $8B merger of two leading Cyberslot Megaclusters gaming companies 4. Zynga buys UK-based Cyberslot Megaclusters game developer 5. WMS Industries agrees to sell Cyberslot Megaclusters slots business to Scientific Games
Las Vegas Sands in deal to create world's largest Cyberslot Megaclusters casino 2. Report: NYX Gaming to buy Cyberslot Megaclusters gaming company 3. Nevada regulator approves $8B merger of two leading Cyberslot Megaclusters gaming companies 4. Zynga buys UK-based Cyberslot Megaclusters game developer 5. WMS Industries agrees to sell Cyberslot Megaclusters slots business to Scientific Games
Las Vegas Sands in deal to create world's largest Cyberslot Megaclusters casino
LAS VEGAS (AP) -- Casino giant Las Vegas Sands Corp. is buying a British company that creates large-scale Cyberslot Megaclusters gaming destinations for $6 billion.
The cash and stock deal will create the world's largest Cyberslot Megaclusters gaming company, with more than 55,000 machines in locations worldwide.
The combined company will be called Las Vegas Sands and will keep its headquarters in Las Vegas. The deal is expected to close by the end of the year.
Shares of both companies rose Monday on news of the deal. Sands rose $2.92, or 4 percent, to $77.05, while London-based GVC Holdings PLC jumped 15 percent, or 73 pence, to 548 pence.
Las Vegas Sands in deal to create world's largest Cyberslot Megaclusters casino End of Report:
In today's technology-driven world, it was only a matter of time before casino gaming evolved into something new and cutting edge. That time has arrived, with the burgeoning industry of Cyberslot Megaclusters casinos now firmly established as a major force in the gambling world. And no company is more at the forefront of this movement than Las Vegas Sands Corp., which just announced a blockbuster deal to acquire British firm GVC Holdings Plc for $6 billion. Once merged, the new entity will be rechristened as Las Vegas Sands and will be headquartered in Sin City itself. With over 55,000 machines in locations all around the world – including high profile destinations like Macau and Singapore – this will easily become the biggest and most influential Cyberslot Megaclusters casino operator on the planet. Investors responded favorably to news of the merger agreement, with shares of both companies seeing significant increases on Monday morning trading sessions following announcement of the deal. For its part, GVC Holdings saw their stock price jump by 15%, while Las Vegas Sands enjoyed a modest uptick of 4%. It's clear that both firms expect great things from this move – and for good reason! The addition of GVC's impressive portfolio of top-notch brands and products will only serve to strengthen an already formidable offering from Las Vegas Sands. As this rapidly growing industry continues to evolve, it looks like we can count on this powerhouse duo to lead the charge!
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