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Business
November 1, 2023
Caesars Posts Good Q3 Results, Anticipates Strong Finish of 2023
The leading gaming and entertainment company, Caesars Entertainment, released its latest trading update Tuesday. The company unveiled details regarding its third quarter results, pointing to strong performance and an increase in net revenues. Overall, Ceasars’ net revenues for the three months ended September 30, 2023, were just shy of $3 billion. The company’s $2.99 billion […]
Business
November 1, 2023
Light & Wonder Leverages Playzido to Supply Caesars with Sweet 16 Blackjack in Michigan
Light & Wonder has leveraged its content creation platform Playzido to supply bespoke content to Caesars Digital online in Michigan. As a result, the latter company’s Caesars Palace Online Casino and Caesars Sportsbook & Casino brands will now be able to engage fans with an exclusive version of HITSqwad Gaming’s Sweet 16 Blackjack game. The […]
Casino
October 17, 2023
Las Vegas Visitors Win $1M in Jackpots for a Single Week
Last week, the staggering $1.76 billion jackpot from Powerball dropped in California. While the name of the winner is yet to be announced, last week brought fortune to visitors to the Las Vegas Strip too. Over the course of a few days last week, visitors to Caesars Entertainment’s Las Vegas resorts pocketed more than $800,000. […]
Casino
October 12, 2023
DSD Renewables Powers Caesars’ Atlantic City Properties with Solar Energy
DSD Renewables (DSD) has successfully completed a cutting-edge solar portfolio spanning 6.5 MW for Caesars Entertainment, enriching the skyline of Atlantic City with sustainable power solutions. The project, consisting of four canopies strategically placed across two prominent Caesars Atlantic City properties, is poised to generate approximately 8.29 MWh of clean energy annually, contributing to Caesars […]
Business
October 11, 2023
Caesars Entertainment Shares Dip, but Maintains Its Potential
Caesars Entertainment, a leading player in the gaming industry, has seen a 14.37% decline in its shares over the past month, primarily due to recent cybersecurity challenges and concerns about economic headwinds. However, following meetings with Caesars executives at the Global Gaming Expo (G2E) in Las Vegas, Stifel analyst Steven Wieczynski published a report reiterating […]
Casino
October 10, 2023
Caesars Expects to Open Virginia Property on Schedule
American casino and hospitality giant Caesars Entertainment continues its work on its upcoming property in Danville, Virginia. Danville Register & Bee, a local news outlet, inquired about the state of the project and learned that everything seems to be on track for a 2024 opening. The outlet contacted Caesars Virginia’s general manager, Chris Albrecht, who […]
Industry
October 9, 2023
Caesars Offers Two Years of IDX Services to Compromised Data Victims
Several weeks ago, Caesars Entertainment was hit by hackers in a devastating cyberattack. The company was allegedly forced to pay millions to the hackers. However, customer data was compromised during the process, according to a Caesars SEC filing. Because of that, the casino giant will try to make up by offering two years of IDX […]
Industry
September 29, 2023
Caesars Palace Standoff Culprit Faces Prison Time, Damage Restitution
On July 11, Caesars Palace was subject to a standoff situation caused by 36-year-old Matthew Mannix. Now, the culprit has received his sentence. Up to Two Years Prison Sentence and a Casino Ban on The Vegas Strip Mannix could spend the following two years in prison, according to the sentence between 19 and 48 months […]
Legal
September 26, 2023
Concerned Customers File Lawsuits against MGM and Caesars Following the Cyberattacks
Caesars Entertainment and MGM Resorts International recently suffered devastating cyberattacks. The latter company was forced to shut down many of its systems for several days, while Caesars was allegedly forced to strike an agreement with the hackers. The two gambling giants’ woes are not over yet as new lawsuits allege the pair failed to protect […]
Industry
September 20, 2023
Caesars and MGM Are Not the Only Victims of Hackers, Okta Says
Two of the biggest gambling companies in America, Caesars Entertainment and MGM Resorts International, recently became targets of cyberattacks. Hackers likely related to the ALPHV and Scattered Spider groups breached the companies’ cyber defenses, taking hold of valuable data. New reports, however, show that Caesars and MGM Resorts weren’t the only victims, Reuters reported. The […]
