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Trading

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. […]
Caesars Entertainment Sees Net revenues Increase 37.4% to $3.5Bn in 2020
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Business

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 […]
Carousel Group and Caesars Entertainment Sign a 10-Year Partnership
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Business

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 […]
Caesars Secures Initial Stake in DFS Platform SuperDraft
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Business

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 […]
888 Cements Online Poker Position by Extending Caesars Deal
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Casino

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 […]
Caesars Entertainment Receives US Antitrust Clearance for Acquisition of William Hill
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Casino

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 […]
EBCI Buys Operations at Caesars Southern Indiana for $250M
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Industry

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 […]
Fines Paid by Gambling Businesses Exceed £44M in 2020
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Business

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 […]
Caesars To Open Danville Property in 2023, Pledges $15 Million Up-Front Payment
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Casino

Caesars Sells Operations at Belle of Baton Rouge in Louisiana

Casino giant Caesars Entertainment announced today it entered into a definitive agreement to sell Belle of Baton Rouge riverboat casino and hotel in Louisiana to CQ Holding Company. GLPI Retains Ownership The riverboat property is owned by Gaming and Leisure Properties (GLPI) and Caesars is operating it under a master lease agreement with the real […]
Caesars Sells Operations at Belle of Baton Rouge in Louisiana
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Industry

Ezugi and Caesars Entertainment Team Up to Offer Live Dealer Games in New Jersey

The agreement includes Ezugi’s titles, such as American Blackjack, American Roulette, Baccarat, Unlimited Blackjack, Three Card Poker and Casino Hold’em games to be accessible to players at Caesars Casino & Sports New Jersey Live Casino Experience at Caesars’ New Jersey Gaming Venue Live dealer casino gaming provider Ezugi has joined forces with casino-entertainment company Caesars […]
Ezugi and Caesars Entertainment Team Up to Offer Live Dealer Games in New Jersey