Industry Insight
Key Takeaways
  • Caesars unloads Palytika, moves closer to an agreement with its junior bondholders.
  • GVC has announced a plan to refinance the debt it incurred when it purchased bwin.party back in February.
  • The deal by MGM to acquire Boyd’s interest in Borgata Hotel Casino & Spa has closed.

Caesars

News of a $4.4 billion sale tends to grab headlines, and in the case of Caesars Interactive Entertainment it was no different as the owner of the World Series of Poker brand spun off Playtika, its social casino games division.