The company owned the majority stake in the property. Galaxy Entertainment had previously told the Hong Kong Stock Exchange it would pay US$419m for the Grand Waldo.
The property’s casino was operating under Galaxy Entertainment’s gaming licence. The resort’s operations were suspended at the beginning of this month.
Jacquline Oud has been appointed the new casino director of Merkur Casino Bad Oeynhausen, taking the reins from Joachim Pollok.
Blackstone is reportedly testing the water over a potential sale of Clarion Events, including ICE and its other gaming shows as well as those in other sectors.
Former chief financial officer of Fontainebleau Las Vegas, John Helderman, has joined BMM Innovation Group (BIG) as its new chief financial and administrative officer.
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