Casinos across the U.S. are enjoying as patrons, particularly younger ones, begin to splurge with the money socked away during the pandemic.

Transcendent Electra plans to acquire or develop rental housing totaling $3 billion over the next three years.

The transaction gives Better HoldCo an implied equity value of about $6.9 billion.

Facing the prospect of higher taxes, hedge fund managers are looking to move to Puerto Rico to avoid federal levies.