<!-- wp:html --><p>Wynn Resorts (NASDAQ: WYNN) announced late Thursday that it’s purchasing the famed Crown London casino from current operator Crown Resorts. The Crown London, a private casino. Wynn Resorts is buying the venue for an undisclosed price. (Image: Crown London) Financial terms of the transaction, which is expected to close in the second half of this year, weren’t revealed. Located in London’s Mayfair District, Crown is a members-only casino founded by John Aspinall. Australia-based Crown Resorts acquired the venue in 2011. Crown London spans two historic townhouses at 27-28 Curzon Street, Mayfair, London. It offers 20 gaming tables in a variety of sophisticated salons, as well as an intimate restaurant and lounge for entertaining. The casino will operate under the Crown London name until the transaction closes,” according to a statement issued by Wynn. When Crown London bears the Wynn name — one of the most valuable brands in the gaming industry — it will mark the first time the operator’s&hellip; <a href="https://www.casino.org/news/wynn-buying-crown-london-casino-from-crown-resorts/" target="_blank" class="feedzy-rss-link-icon">Read More</a></p>
<p>Category: Commercial Gaming, Financial, Mergers and Acquisitions, commercial gaming, mergers and acquisitions </p>
<p>Source: Casino.org</p><!-- /wp:html -->