Harrah’s is reportedly near to closing its takeover of London Clubs International (LCI) following a deal with Genting, the Malaysian gaming operator and LCI’s principal shareholder.
Harrah’s, which is the world’s largest casino operator and owns casinos Caesars Palace and Bally’s on the Las Vegas strip, originally made a £280m (US$522m, 412 euro) offer for UK-based LCI but is understood to have raised its offer to about £303m (US$570m, 452m euro).
LCI operates seven casinos in the UK with a further four currently under development. It also operates a casino in South Africa and another in Egypt.
Earlier this month, private equity firms Apollo Management and Texas Pacific Group made a takeover bid for Harrah’s, worth US$15.1bn (£8bn, 12bn euro). Harrah’s has established a special committee to review the offer. Details: www.harrahs.com
Harrah’s is reportedly near to closing its takeover of London Clubs International (LCI) following a deal with Genting, the Malaysian gaming operator and LCI’s principal shareholder.
The European fitness sector is beating pre-pandemic numbers according to the 11th annual European Health & Fitness Market Report 2024 from Deloitte and EuropeActive, as Karsten Hollasch reports
Consumers’ growing love of strength training is to be welcomed, as this long-neglected modality has a renaissance, however, it’s vital we continue to make the case for cardio
Join us at Elevate from 12-13 June in London for a special one-off live recording of The Game
Changers Podcast with Sue Anstiss, CEO of Fearless Women.
Complaints about group exercise have become a thing of the past for the Reynolds Group
thanks to its partnership with CoverMe, a digital platform that simplifies group exercise
and PT management for clubs and instructors.
Sport Alliance, a Hamburg-based provider of innovative software solutions and services to
gyms and fitness suites, has announced the acquisition of PerfectGym, the international
software provider to fitness and leisure businesses.
Harrah’s is reportedly near to closing its takeover of London Clubs International (LCI) following a deal with Genting, the Malaysian gaming operator and LCI’s principal shareholder.
Harrah’s, which is the world’s largest casino operator and owns casinos Caesars Palace and Bally’s on the Las Vegas strip, originally made a £280m (US$522m, 412 euro) offer for UK-based LCI but is understood to have raised its offer to about £303m (US$570m, 452m euro).
LCI operates seven casinos in the UK with a further four currently under development. It also operates a casino in South Africa and another in Egypt.
Earlier this month, private equity firms Apollo Management and Texas Pacific Group made a takeover bid for Harrah’s, worth US$15.1bn (£8bn, 12bn euro). Harrah’s has established a special committee to review the offer. Details: www.harrahs.com
Harrah’s is reportedly near to closing its takeover of London Clubs International (LCI) following a deal with Genting, the Malaysian gaming operator and LCI’s principal shareholder.
The European fitness sector is beating pre-pandemic numbers according to the 11th annual European Health & Fitness Market Report 2024 from Deloitte and EuropeActive, as Karsten Hollasch reports
Consumers’ growing love of strength training is to be welcomed, as this long-neglected modality has a renaissance, however, it’s vital we continue to make the case for cardio
When a hefty round of investment
coincided with the pandemic, the
CEO of Midtown Athletic Clubs
feared the company – founded by
his grandfather – would go down
on his watch. He talks to Kath
Hudson about the pressure to
keep the business afloat
Speaking on the LIFTS podcast recently, Xponential Fitness CEO Anthony Geisler said participation in studio cycling is down globally. Kath Hudson decided to investigate
Join us at Elevate from 12-13 June in London for a special one-off live recording of The Game
Changers Podcast with Sue Anstiss, CEO of Fearless Women.
Complaints about group exercise have become a thing of the past for the Reynolds Group
thanks to its partnership with CoverMe, a digital platform that simplifies group exercise
and PT management for clubs and instructors.
Sport Alliance, a Hamburg-based provider of innovative software solutions and services to
gyms and fitness suites, has announced the acquisition of PerfectGym, the international
software provider to fitness and leisure businesses.