Station Casinos Gets $4.7B Buyout Bid
Private equity bidders extended their shopping spree for casino companies Monday as Station Casinos Inc. said it received a $4.7 billion buyout offer from its founding family and an affiliate of Colony Capital LLC. The $82-per-share offer for the
Related Gambling News:
- Indian gambling commission approves Station Casinos acquisition
- Station Casinos Execs Propose Buyout
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- Station Casinos add Aliante to locals empire
- Casinos mum on buyout response
- Station Casinos Buys up Old Homes, Upsetting Neighbors
- Station Casinos Announces Second Quarter Results
- Casino quiet on popularity of buyout offer
- Aliante Station Casino announces opening date
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- Deluge expected for jobs at new Station casino
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Casino gambling facts:
- 1905: The town of Las Vegas is founded when the San Pedro, Los Angeles and Salt Lake Railroad Company holds a land auction at the site on May 15.
1912: The Majestic - Las Vegas's very first theater - opens, featuring the best vaudeville acts and motion pictures of the time. - Legal gambling activities include state lotteries; parimutuel betting on horses, greyhounds, and jai-alai; sports book-making; card games; keno; bingo; slot machines; progressive slot machines; video poker machines; video keno machines; video blackjack machines; and video roulette machines.
- During the 1950s, the Senate Committee to Investigate Organized Crime in Interstate Commerce held a number of hearings on criminal influence in the casino industry. The committee was chaired by Senator Estes Kefauver, and the committee is also known by his name.
- When traveling to Las Vegas be sure to check out some of the incredible scenery outside of the city. Lake Mead is about 45 minutes away from the city and is a beautiful place to cool off. When things get really hot, give Mount Charleston a try. It\'s approximately 30 degrees cooler. Red Rock Canyon is only a 30 drive. There is also the stunning Valley of Fire which is 1 hour away from Las Vegas.
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