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New Deal


Announced

Completed

Foundation Gaming & Entertainment completed the acquisition of Diamond Jacks Casino & Hotel.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

casino resort

Domestic

Private

Acquisition

Majority

Casinos and Gambling

Friendly

Completed

Single Bidder

Synopsis

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Foundation Gaming & Entertainment, a casino entertainment company, completed the acquisition of Diamond Jacks Casino & Hotel. Financial terms were not disclosed. "We are pleased to have completed this acquisition and look forward to finalizing the plans for this project. Now that we have completed the transaction, we will be focusing on the design and development process, which will include re-branding the property. Foundation Gaming is looking forward to being a part of this new and exciting opportunity in Bossier City," Greg Guida, Foundation Gaming & Entertainment Co-CEO.

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