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Casino
November 13, 2020
Caesars Reopens Rio Resort in Las Vegas, Last of 54 Properties
Caesars Entertainment said on Thursday it will reopen the Rio Resort in Las Vegas on December 22, albeit the hotel will only operate on weekends. Last Casino To Reopen Casino operator Caesars Entertainment announced on Thursday the reopening of its off-Strip Rio All-Suite Hotel-Casino in Las Vegas on December 22. The 2,522-room hotel-casino closed on […]
Industry
November 12, 2020
Caesars’ 2019-2020 CSR Report “People Planet Play”
Casino giant operator Caesars Entertainment Inc. released its 2019-2020 Corporate Social Responsibility (CSR) Report, revealing it spent $67 million in the communities it operates casinos. The report focuses on the company achievements prior to the $17.3 billion merger deal with Eldorado Resorts and outlines how the newly formed company intends to remain committed to CSR […]
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 […]