William Hill is poised to acquire the assets of CG Technology (formerly Cantor Gaming) in both Nevada and The Bahamas. News of the takeover came in the form of a tidy press release that hit the wire after close of business Wednesday.
It’s another case of the shark swallowing the minnow, though CG has made the most of its relatively small footprint.
The company’s portfolio includes a total of seven Nevada sportsbooks, concentrated around a few of the finest properties on The Strip. Its other, one-off operation at Atlantis Resort on Paradise Island is also part of the sale.
This deal removes a competitor from the market and brings the William Hill brand to some of the city’s shiniest casino gems:
The Cosmopolitan
The Palazzo
Palms
Silverton
Tropicana
The Venetian