A snooker star joins Wynn Resorts as a new ambassador…
Ronnie O’Sullivan, a snooker great, has been confirmed as Wynn Resorts Macao’s new ambassador in advance of his return for the Snooker Masters in the area. The masters will return to the Wynn Palace on December 25 and 28, 2024, with support from the Macao Government Tourism Office and the Macao SAR Government’s Sports Bureau. “Wynn Presents – 2024 Macau Snooker Masters’ not only advances Macao’s “Tourism + Sports” strategy but also offers a diversified travel experience for locals and visitors, contributing to the development,” said Linda Chen, President and Vice Chairman of the Board of Wynn Macau, at a press conference to announce the event. “Wynn is committed to hosting premier international sporting events, establishing a diverse global perspective for Macao.
In an effort to increase anticipation for the 2024 Macau Snooker Masters, a challenge match featuring “Wynn Brand Ambassador” O’Sullivan will be held. In the format of Best-of-7 frames, O’Sullivan will compete against the world’s top players. Nine world-class snooker players have been invited to compete at Wynn Place by the tournament: O’Sullivan, Ding Jun Hui, Marco Fu, Judd Trump, Jack Lisowski, Stuart Bingham, Jak Jones, Kyren Wilson, and Si Jia Hui.
I would like to thank our organiser, Wynn, for inviting me back for the tournament again,” O’Sullivan said in reference to the forthcoming competition and his recent contract. It is a great honor for me to be collaborating with Wynn as their Brand Ambassador in order to promote and raise awareness of snooker globally. “In the interim, I am eager to celebrate the holiday season with our supporters and play amazing games with all of these exceptional players in Macao by the end of this year.
Bally’s has agreed to sell its interactive business in Asia and some other overseas markets to a firm formed by members of the carved-out business management, according to an SEC filing on the company’s website dated October 31. The personnel of the purchasing company were not identified. Under the terms of the deal, Bally’s will give the purchasing business certain transaction services in addition to placing ownership of some intellectual property in trust and granting the buyer a five-year license.
Bally’s will concentrate its capital and resource allocation on its North American and European business after the purchase is finalized. It will not be involved in the governance, management, or operations of the entity that has been carved apart. Bally’s Corporation (“Bally’s” or the “Company”) agreed to sell its interactive business in Asia and some other international markets (the “Carved-Out Business”) to a company (the “Buyer”) formed by the management of the Carved-Out Business on October 31, 2024, according to the SEC filing.
Certain intellectual property has been placed in trust, and the buyer will get a five-year license (subject to extension). Additionally, the company will offer some transition services to the buyer. In return for a note, the Buyer is purchasing the Carved-Out Business. Bally’s will not be involved in the governance, management, or operations of the Carved-Out Business. “This Carved Out Business will benefit from focused management attention and aligned ownership, and the transaction is intended to allow Bally’s to focus its capital and resource allocation on North American and European business.
