How Bain took over a $1.6bn Native American casino in South Korea
One of world’s largest private equity groups is embroiled in a tug of war over future of sprawling complex
One of world’s largest private equity groups is embroiled in a tug of war over future of sprawling complex

New York firm that controls Bally’s gaming chain sells leveraged equity bet to residents of Windy City

It will take time for a durable equity base to be formed after momentum has been broken

Groups unable to cash out while other forms of dealmaking have returned

Appian Capital predicts more partnerships with governments and institutions after $1bn agreement with World Bank’s IFC

Lobbyists watered down legislation that would have frozen investor-owned firms out of largest state

Plus, bumper earnings for Wall Street banks and how a chipmaker got seized by the Dutch government