CHICAGO – Oct. 29 2024 – Global law firm Greenberg Traurig, LLP represented iGaming investment and consultancy firm NSUS Group in its acquisition of the World Series of Poker (WSOP) business from William Hill U.S. HoldCo, Inc., an affiliate of Caesars Entertainment. The transaction, valued at a total of $500 million, included $250 million in cash and a $250 million promissory note due five years after the transaction’s closing date. The transaction closed Oct. 29.
The Greenberg Traurig team was led by Shareholder Brian R. Singer and Gaming Practice Chair Edward R. Winkofsky, and included Shareholders Nicole S. Lonsway, David M. Greenberg, Richard C. Kim, Brandon Roos, Pallav Raghuvanshi, and Jeffrey K. Ekeberg, and Of Counsel Sandy Chiu.
About Greenberg Traurig’s Global Gaming Practice: Greenberg Traurig’s Global Gaming Practice focuses not only on casino operations, but also addresses lotteries, pari-mutuel wagering, charitable gaming, tribal gaming, and internet gaming, where permitted by law. Members of the practice have varied backgrounds and are located throughout the firm’s offices, allowing them to assist gaming clients in this highly regulated industry across multiple U.S. jurisdictions and internationally. The practice’s focus includes the representation of casino owners, operators and executives, gaming manufacturers and suppliers, private equity firms, and investment banks on gaming related matters.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 48 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.