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Gambling News - 'Caesars'
Sports
March 25, 2021
Caesars and SuperDraft Launch Free-To-Play Sports Betting App
A free-to-play sports betting app with cash prizes and rewards program from Caesars Entertainment was launched today by daily fantasy sport (DFS) platform SuperDraft. “We are thrilled that SuperDraft has developed yet another way for players to experience Caesars Rewards.” Eric Hession, Co-President, Sports & Online Gaming, Caesars Entertainment Sports Betting without Financial Risk The […]

Legal
March 23, 2021
Caesars Files Lawsuit against Insurers over COVID-Related Losses
In light of the COVID-19 pandemic, Caesars indicated that it lost more than $2 billion. Despite paying all-risk insurance policies, the company said that none of its insurers covered any losses. Consequently, Caesars filed a lawsuit with the U.S. Securities and Exchange Commission on Monday this week. The COVID-19 Pandemic Led to More Than $2 […]

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 […]
