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Casino
March 19, 2021
WSOP Room at Indiana Grand Will Give Pathway to Main Event
US casino giant Caesars Entertainment announced plans this week to expand its operations at Indiana Grand Racing & Casino in a $32.5 million investment to affirm its commitment to the Hawkeye State. “This investment at Indiana Grand is a testament to our continued commitment to Indiana.” Anthony Carano, President and COO, Caesars Entertainment WSOP Room […]
Business
February 26, 2021
Caesars Entertainment Sees Net revenues Increase 37.4% to $3.5Bn in 2020
For the full year ended December 31, 2020, Caesars Entertainment reported net revenues of $3.5 billion and a net loss of $1.8 billion on a GAAP basis. CEO Tom Reeg With Positive Outlook for Las Vegas On February 25, Caesars Entertainment posted its operating results for the fourth quarter and year ended December 31, 2020. […]
Business
February 25, 2021
Carousel Group and Caesars Entertainment Sign a 10-Year Partnership
One of the world’s largest gambling companies Caesars Entertainment, Inc., has signed a 10-year partnership with SportsBetting.com owner and operator Carousel Group. This agreement is set to increase Carousel Group’s addressable market in the US to a whopping $1.8 billion. Caesars Brings Carousel’s Sportsbook to 3 New States Caesars Entertainment Inc., one of the world’s […]
Industry
January 31, 2021
Caesars Entertainment Impresses With Corporate and Environmental Responsibility
Caesars Entertainment ranks 104 in “America’s Most Responsible Companies” list and has been recognized for its commitment to equality and the environment. Caesars Entertainment Ranks 104 in US for Corporate Responsibility Newsweek has recognized Caesars Entertainment, the largest gaming and entertainment company in the US, for its efforts to improve and promote corporate social responsibility. […]
Business
January 26, 2021
Caesars Secures Initial Stake in DFS Platform SuperDraft
Leading betting and gaming firm Caesars has struck a strategic partnership with daily fantasy sports platform SuperDraft. As part of the partnership, Caesars has obtained an initial minority equity position. SuperDraft Teams up with Caesars Entertainment Caesars Entertainment has revealed a strategic partnership with SuperDraft, Inc., a daily fantasy sports platform. Announced on Monday, the […]
Business
January 19, 2021
888 Cements Online Poker Position by Extending Caesars Deal
Gibraltar-based gambling group 888 Holdings announced Tuesday its existing exclusive poker partnership deal with US casino operator Caesars Entertainment was extended, to see the online gaming operator continue to power the digital poker platform of Caesars, including online poker rooms utilized by the World Series of Poker (WSOP) brand. Shared Poker Player Liquidity The multi-year […]
Casino
December 29, 2020
Caesars Entertainment Receives US Antitrust Clearance for Acquisition of William Hill
The largest casino company in the USA announced the early termination of the waiting period under the HSR Antitrust Improvements Act of 1976 for the acquisition of William Hill. The Acquisition Process is on Track On Monday, Caesars Entertainment announced it has cleared the antitrust review of the casino operator’s pending $3.7 billion acquisition of […]
Casino
December 25, 2020
EBCI Buys Operations at Caesars Southern Indiana for $250M
US casino giant Caesars Entertainment announced Thursday in an investor release it entered into a definitive agreement with the Eastern Band of Cherokee Indians (EBCI) for the sale of operations at Caesars Southern Indiana for $250 million. “The purchase of Caesars Southern Indiana operating company marks the beginning of an exciting new future for the […]
Industry
December 24, 2020
Fines Paid by Gambling Businesses Exceed £44M in 2020
In 2020, gambling companies have been slapped with £44 million in total fines, or a 175-percent increase, reports GamblingIndustryFines.com. Industry Faces Numerous Fines in 2020 A new report by GamblingIndustryFines.com, a website that specializes in tracking penalties issued to international gambling operators, has reported over £44 million handed out in fines in the regulated gaming […]
Business
December 4, 2020
Caesars To Open Danville Property in 2023, Pledges $15 Million Up-Front Payment
Caesars Entertainment shared a timeline for its Danville casino project, Caesars Virginia, with the City Council during a regular session last Tuesday and promised a $15 million up-front payment. First Payment To Be Made Next Week Leading casino operator Caesars Entertainment just started the selection process to find an architect for the extensive design of […]