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Casino
November 10, 2020
Caesars and Evolution Launch Live Casino Suite in Pennsylvania
Caesars and Evolution have launched the company’s live casino solutions on the Pennsylvanian market, with a similar roll-out planned for New Jersey. Evolution Rolls out Live Casino Portfolio with Caesars in PA Evolution, a leader of live casino solutions, has launched its portfolio of live casino games in Pennsylvania, a key market that adds to […]
Casino
November 6, 2020
Caesars Entertainment Posted $926M Third Quarter Net Loss
Las Vegas business for Caesars Entertainment has been picking up speed, investors were told by the company’s CEO Tom Reeg during the third quarter conference call, a quarter in which the casino giant posted net loss of $926 million compared to net income of $37 million for the same period in 2019. Financial Statements Contain […]
Business
November 5, 2020
Atlantic City: Twin River To Invest $90 Million Into Bally’s Atlantic City
Rhode Island-based casino operator Twin River Holdings, Inc. has committed to investing $90 million to upgrade Bally’s, Atlantic City’s worst-performing casino. Twin River Buys Iconic Bally’s Brand Bally’s Atlantic City was sold to Twin River last April at a discounted rate of $25 million. The opportunity arose as Caesars Entertainment and Eldorado Resorts were reducing […]
Business
October 30, 2020
VICI Places $103M Deal for Strip Land on the Backburner
VICI Properties, the real estate investment trust spun off Caesars, decided not to pursue for now a previously announced deal for the purchase of 23 acres of undeveloped land parcels on the east side of the Las Vegas Strip. The $103.5 million deal was agreed as part of a $500 million combined deal with Eldorado […]
Business
October 30, 2020
William Hill Launches Sports Betting App in Indiana
Sports betting leader William Hill has announced the successful launch of its official sports betting app in Indiana. Remote Registration Is Now Available in The State Sports fans will be able to place bets and track them easily and quickly all over the Hoover State. The app also features multiple deposit and withdrawal options, as […]
Business
October 27, 2020
Caesars, William Hill Ink Agreement to Sponsor Indianapolis Colts
Caesars Entertainment, William Hill and the Indianapolis Colts ink a strategic sponsor partnership. The partnership makes Caesars and William Hill a sports betting partner of the NFL team. Caesars and William Hill Ink Sponsorship with Indianapolis Colts Caesars Entertainment and its exclusive sports betting partner, William Hill US, revealed on Monday this week their first […]
Business
October 26, 2020
Caesars’ Bid for William Hill Approaching Day of Reckoning
UK-based sports book and iGaming operator William Hill is subjecting to shareholder vote Caesars Entertainment’s £2.9 billion takeover bid on November 17, just two days prior to a court hearing on the deal. For the cash deal to go ahead, 75% of William Hill shareholders should vote in favor of the offer from the casino […]
Casino
October 24, 2020
The Cromwell Set to Become the First Adults-Only on the Strip
Nasdaq-listed casino giant Caesars Entertainment, Inc. announced Thursday plans to resume operations at The Cromwell. Scheduled to re-open October 29, the boutique hotel of the casino complex which is set to become the first adults-only on the Strip, will be open seven days a week. The Cromwell Joins the List The re-opening of the first […]
Casino
October 23, 2020
Caesars and Mohegan Confident They Can Pump Cash in Asian Projects
Caesars Entertainment Inc. and Mohegan Gaming & Entertainment (MGE) are reportedly facing financing issues for their integrated resort (IR) projects in South Korea’s Midan City. Both groups say they have been unable to secure funding due to the coronavirus pandemic and subsequent lockdown, and Caesars cites “disagreements” with local partners over the repayment of outstanding […]
Casino
October 22, 2020
Caesars Extends Rewards Loyalty Program to Eldorado Resorts
Following the mega-merger by Caesars Entertainment and Eldorado Resorts in July, the new giant Caesars Entertainment extended its rewards loyalty program. The program now includes 18 Eldorado Resorts properties acquired following the mega-merger. Caesars Rewards Loyalty Program Extends with 20% The gaming industry giant Caesars Entertainment has announced the extending of the Caesars Rewards loyalty […]