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poker table for rent99% stake in Crown from billionaire James Packer in a deal that had already raised regulatory concern,” reports Reuters.(Image: Reuters)The private equity firm is paying 0 million for all of the Crown shares previously held by the Macau operator, meaning Melco sold that equity at prices that were 37.Crown’s Australian property assets are valued at just over billion.raging bull casino bonus codes august 2021With the coronavirus outbreak still weighing on the gaming industry, it’s not surprising that analysts are divided on how the health crisis is affecting individual operators’ financial results.But when it comes to Wynn Resorts (NASDAQ:WYNN), there’s nothing close to a consensus.Those shutdowns follow a 15-day halt in business in Macau, a market that in any given quarter can account for two-thirds to 80 percent of the operator’s earnings and revenue.free casino and slots no download doubledown casino unlimited coinsfree 3 reel slots no downloadBlackstone is buying 10 percent of James Packer’s Crown Resorts from Lawrence Ho’s Melco on the cheap.31 a share for 67.The new forecast implies upside of 44.desert diamond casino giveawayThe new forecast implies upside of 44.In a recent regulatory filing, Melco said it has little visibility regarding when business will return to pre-virus levels in Macau.42 a share for its stake in the Aussie gaming company controlled by James Packer.cliff castle casino to sedona real money usa online casinosisland view casino senior discountWynn Macau, the company’s China unit, already said it expects first-quarter earnings before interest, taxes, depreciation and amortization (EBITDA) to be materially affected by the COVID-19 pandemic.More Real Estate for BlackstoneFor Blackstone, the deal isn’t as much about potentially making a play to acquire Crown outright, but rather, finding ways to extract value from the gaming company’s enticing real estate assets.The company is taking a nearly 10 percent stake in Australia’s Crown Resorts, and is getting those shares from Melco Resorts & Entertainment (NASDAQ:MLCO) at a deep discount.40 percent year-to-date.Even with that, analysts’ estimates for the company’s 2020 earnings per share (EPS) are all over the map.The relationship between Lawrence Ho’s Melco and Packer’s Crown became frayed, as media reports surfaced in 2019 indicating that Ho may have been involved with a company barred from doing business with Crown.lucky tiger casino mobile the wynn casino in las vegas |