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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 […]
Slots
September 15, 2023
Bragg Releases Caesars Online Exclusive Slot in Two States
The global business-to-business gaming technology platform provider, Bragg Gaming, has launched Lady Luck Casino Egyptian Magic Slot, a custom-made, exclusive game intended for players at Caesars Palace Online Casino in New Jersey and Michigan. The name of the game is an interesting combination of Bragg and Caesars aesthetics that reunites the provider’s imagery and gameplay […]
Industry
September 15, 2023
Customer Data May Be Stolen in Cyberattack against Caesars
Caesars Entertainment, the American casino giant, was the latest company to confirm it was a victim of a cyberattack, after its rival, MGM Resorts’ operations were disrupted by an unprecedented cybersecurity issue. Unlike MGM Resorts, Caesars confirmed that its operations, including land-based and online gambling activities, were not disrupted by the recent attack. Yet, the […]
Industry
September 14, 2023
Caesars Allegedly Paid Millions to Hackers Following a Cyberattack
American casino giant Caesars Entertainment has allegedly been forced to pay millions of dollars in a hacking incident. As first reported by Bloomberg, the company had been hit by hackers prior to the cyberattack on MGM Resorts International, another major gambling and hospitality company, hinting at a possible link between the attacks. Sources told Bloomberg […]
Legal
August 18, 2023
Caesars Palace Standoff Initiator Accepts Plea Deal
In July, the Caesars Palace property on the Vegas Strip became the site of a standoff situation. A month later, the culprit accepted a plea deal, putting an end to the drama. Last month, Matthew Mannix, barricaded himself and a woman he was with in a hotel room and proceeded to wreck havoc. Videos of […]
