Games and Leisure Re-Challenge Pinnacle Real Estate Assets
After offering to buy Pinnacle real estate assets in January, the company again offered a total of $4.1 billion. The two companies failed to offer terms to participate, and are now making public offers for Pinnacle shareholders to see. The deal would allow shareholders to secure one share of Pinnacle’s casino-operated shares and 0.5517 GLPI…
California Online Poker Goes One Step Further Finally, Commission Passes Shell Bill
California appears to be finally taking steps to push legislation on the issue after holding its first-ever committee vote on iPoker. In a unanimous vote, the Congressional Government Organizing Committee agreed to further discuss the shell bill, AB 431, at future online poker-themed hearings. The vote is the first step toward pursuing legislation like Representative…
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