Poker
October 6, 2020
888 Granted Interactive Gaming Manufacturer License in PA
Online poker operator 888 Holdings has been granted an interactive gaming manufacturer license in Pennsylvania, a move that may soon introduce a second poker operator, besides PokerStars, almost a year after the online poker market went live in the state. As expected, the Pennsylvania Gaming Control Board (PGCB) voted in favor of the license application […]
Casino
October 1, 2020
Caesars Expands Harrah’s New Orleans in a $325m Investment Move
Caesars is on track to expand its Harrah’s New Orleans property by investing $325 million in a hotel tower and its casino. The investment would guarantee Caesars a 30-year license extension. New Orleans to See Harrah’s Casino Expand in a $325m Overhaul Push Harrah’s New Orleans has appointed a new general manager amid a $325 […]
Business
September 30, 2020
Caesars’ £2.9B Takeover Bid Accepted by William Hill Board
US casino giant Caesars Entertainment, Inc. and UK-based sportsbook operator William Hill PLC reached an agreement regarding the sale of the sports betting company. The £2.9 billion cash offer was initially revealed by Caesars on Monday, when William Hill responded to speculations it was a subject of a takeover bid, confirming it had received two […]
Business
September 28, 2020
Caesars Reveals a Potential £2.9B William Hill Takeover Bid
US casino giant operator Caesars Entertainment announced Monday it was in advanced negotiations to acquire UK-based sports betting company William Hill. Caesars outlined it was about to make an official £2.9 billion ($3.7 billion) cash takeover bid for the bookmaker. At the end of last week, William Hill responded to speculation that it was at […]
Business
September 27, 2020
William Hill at the Centre of a Potential US Bidding War
UK betting giant William Hill issued a response to speculation Friday, confirming the operator received two separate cash offers, from Apollo Management International LLP and its subsidiaries, and from Caesars Entertainment, Inc. Rumours Confirmed After an initial written proposal from the US private equity group Apollo in August, William Hill received a further proposal and […]
Business
September 21, 2020
Caesars and VICI Complete Caesars Forum $400M Mortgage Deal
Caesars Entertainment announced Friday it secured a mortgage loan deal worth $400 million with real estate investment trust (REIT) VICI Properties, and secured by the Caesars Forum Conference Center in Las Vegas. In a filing to the Securities and Exchange Commission (SEC) VICI outlined the loan deal which was initiated by a letter of intent […]
Casino
September 20, 2020
Committee to Oppose the Creation of New Casino in Virginia
Eric Stamps created a new political action committee that will oppose the creation of a new casino resort in Danville, Virginia. According to Stamps, a large segment of the population of the city is not being heard. New Committee Opposes the Creation of a Casino in Virginia A new political action committee (PAC) was created […]
Casino
September 19, 2020
GTG Partners with Caesars Entertainment and Penn National
Melbourne-based creator of large-scale consumer engagement products GTG Network announced two new partnership deals, with casino operators Caesars Entertainment and Penn National Gaming. Under the new partnerships, Caesars will launch its free to play Pro Football Pick’em online game, while Penn National will utilize GTG’s iSport Genius data driven content and insights for sports bettors […]
Business
September 17, 2020
William Hill’s Mobile Sports Book App Goes Live in Illinois
America’s leading sports book operator William Hill announced Tuesday it launched its mobile sports betting app in Illinois. In partnership with Grand Victoria Casino in Elgin, the Prairie State became the 6th to feature the William Hill Mobile App. Caesars Entertainment Partnership with William Hill Partnering with Caesars Entertainment, William Hill is offering to sports […]
Casino
September 4, 2020
Caesars and VICI Sell Harrah’s Louisiana Downs for $22M
Caesars Entertainment and VICI Properties announced Thursday the sale of a casino property, as both companies entered into definitive agreements to sell Harrah’s Louisiana Downs in a $22 million deal to Rubico Acquisition Corp. The sale of the casino and racecourse resort in Bossier City, Louisiana, comes as a surprise on the back of the […]