Deals
Z Capital’s Affinity Gaming, Sports Info Group Plan to Merge
- New entity will be valued near $1.3 billion, including debt
- Regional casino operator combines with Daily Racing Form owner
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Z Capital Group agreed to merge two of its portfolio companies, Affinity Gaming and Sports Information Group LLC, to create a new entity valued at about $1.3 billion, including debt, according to people with knowledge of the matter.
The transaction combines Las Vegas-based Affinity Gaming, which operates eight regional casinos in Nevada, Missouri and Iowa, with SIG, the owner of horse-racing data and media platform Daily Racing Form, which also specializes in online betting.