SectorWire
SearchRegister
MenuClose

Las Vegas Grand Prix partners with Ellis Island for race weekend

Deals & M&A

Las Vegas Grand Prix, Inc. and Ellis Island Hotel, Casino & Brewery announced a partnership for the 20-22 November race weekend in Las Vegas. Ellis Island will host a designated spectator area and plans to offer hotel packages, with further details expected in the coming months. The companies are working together after a court dismissed Ellis Island’s lawsuit over disruption linked to the 2023 race.

The deal gives Ellis Island a race-weekend role and creates a planned spectator area and hotel packages for its customers.

Connections

Request a correction

Flag an issue

Keep reading

Deals & M&A

Capula takes €65 million positions in CIRSA-Lottomatica merger

Capula Investment Management has taken positions in CIRSA and Lottomatica ahead of their proposed merger, reportedly seeking to benefit from a difference in their share prices and the exchange value. Its declared CIRSA exposure is about €30 million, while its short position in Lottomatica is valued at about €35 million; the integration is planned for Q2 2027, subject to approvals.

Capula Investment Management has reportedly taken positions in CIRSA and Lottomatica ahead of their planned merger. The arbitrage strategy seeks to benefit from differences between the companies' share prices and the value resulting from the deal.

Continue reading