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Casino
February 21, 2025
Utah School District Faces Questions Over $86K Caesars Palace Expense
The Department of Government Efficiency (DOGE) just looked into how a Utah school district spent $86,000 of COVID-19 relief money on hotel rooms at Caesars Palace in Las Vegas. This cash was supposed to help students catch up after the pandemic interfered with their learning. Instead, the district used it to pay for rooms at […]
Business
January 31, 2025
Analyst Suggests VICI May Target Caesars Forum Acquisition
The owner and acquirer of real estate assets across leading gaming, hospitality, entertainment and leisure destinations, VICI Properties, may consider acquiring Caesars Forum on the Las Vegas Strip, an analyst suggests. VICI Aims at Annual Yield of 8-10% on Its Properties, Boosted by Potential Deals That’s the take of Carlo Santarelli, a Deutsche Bank analyst, […]
Industry
January 24, 2025
Two Women in Caesars Palace Murder Case Go to Prison
Two young women are going to prison after they were recently sentenced for the murder and robbery of a Las Vegas Strip hotel guest. Killers to Spend Between 10 and 25 Years Behind Bars The criminal case dates back to May 2023, when the victim, Bryan Altamirano-Solano, was found dead from a gunshot wound in […]
Casino
January 15, 2025
Bragg Gaming and Caesars Entertainment Strike New Content Deal
Bragg Gaming Group has signed a new content partnership with Caesars Entertainment that will cover the markets in the United States and Canada. The partnership resembles a similarly struck deal between Yggdrasil and Aristocrat Interactive, which will see the former’s titles distributed by the interactive game division’s Ignite aggregation platform. Caesars and Bragg Gaming Forget […]
Casino
January 9, 2025
Caesars Partners with Evolution for Branded Live Dealer Studio in PA
Evolution Gaming, the world’s de facto pioneer of the live dealer experience, has signed a new deal with Caesars to bring around a branded live casino studio that will add authenticity and immersive quality to the overall gaming experience across Pennsylvania. Caesars Gets Branded Live Dealer Studio Games in Pennsylvania The deal sees Evolution Gaming […]
Casino
January 8, 2025
SL Green Boss to Earn $10M If Caesars NY Casino Bid Succeeds
Nearly a dozen gaming and entertainment operators are hoping to win one of three new downstate New York casino licenses. The process, which has been ongoing for several years, enters a key phase in 2025, considering that the winning bidders are expected to be announced by the end of the year. While bidders hold their […]
Business
January 6, 2025
Deutsche Bank Analyst Shares Favorable Projections for Caesars Digital
Caesars Entertainment might take action to reinforce its digital gaming business followed continued suboptimal growth, a Deutsche Bank analyst believes. He also projected a property EBITDAR decline of 2% despite a variety of opportunities within the land-based sector. The Company Is Likely to Bolster Its Digital Business In an investor note, Deutsche Bank analyst Carlo […]
Business
January 3, 2025
Disappointing Online Betting Results Hamper Caesars’ Q4 Outlook
J.P. Morgan analyst Joseph Greff has adjusted Caesars’ Q4 Las Vegas Strip cash flow estimate to $485 million from $499 million, highlighting several negative factors that hurt revenues. However, this new estimate still marks a strong result considering Q4 2023’s $489 million figure. Greff also adjusted his price target for Caesars’ shares, lowering it from […]
Business
December 13, 2024
Caesars Completes LINQ Promenade Sale, Repays Debt
American casino and hospitality giant Caesars Entertainment announced that it has completed the sale of its LINQ Promenade in Las Vegas. The sale of this Las Vegas asset was announced earlier this year and aligned with the casino and hospitality giant’s debt reduction goals. Caesars Used the Money for a Debt Prepayment Caesars agreed to […]
Casino
December 5, 2024
New York Teachers’ Union Rejects Caesars’ Casino Plans
The New York’s most influential teachers’ union, the United Federation of Teachers (UFT), has strongly rejected Caesars’ Times Square casino plans. Representatives of the union argued that the property, which is set to be located in the heart of Broadway, would undermine the famous theater district. The UFT Wants to Protect Broadway In an interview […]
