Business
June 9, 2021
Caesars Entertainment to Possibly Raise Room Rates, Shift Focus as It Seeks Further Expansion
A lot of changes are coming to Caesars Entertainment this year, and some, if implemented, may not be welcomed by guests. The casino operator reportedly just met with Deutsche Bank analysts to get a different perspective on its short- and long-term movements, and the results, according to CDC Gaming Reports, might lead the company in […]
Casino
June 2, 2021
Purdue University and Caesars Entertainment Formalize Their Standing Relationship
While seeing hospital hallways and waiting rooms filled with gaming tables and slot machines isn’t likely to be seen anytime soon, Caesars Entertainment might be trying to lay the groundwork for something close to that. The casino operator and Purdue University in Indiana, through its College of Veterinary Medicine, have formalized a relationship they’ve had […]
Casino
May 25, 2021
SkillOnNet Set for US Debut in New Jersey via Caesars
Online casino platform provider SkillOnNet announced today it entered into a market access deal with Caesars Entertainment and is set for its greatly anticipated US debut in New Jersey. Long-Awaited US Debut The deal between the US casino giant and the platform provider behind some of the biggest online casino brands globally, will see SkillOnNet’s […]
Legal
May 25, 2021
Caesars Entertainment Facing Lawsuit over Mismanagement of Employees’ 401(k)
As Caesars Entertainment actively works to emerge from the global COVID-19 pandemic, the casino, and sports gambling operator is going to have to reallocate some of its resources. The company is being sued, along with a fund manager, for fiduciary irresponsibility in relation to its 401(k)-employee retirement plan. According to the class-action lawsuit filed in […]
Business
May 17, 2021
LeoVegas Plans US Entry in 2022 via Market Access Deal With Caesars
LeoVegas, the Swedish gambling operator, announced today plans for entering the US market. The entry would be facilitated via an access deal with Caesars Entertainment. The company revealed that it plans to launch its LeoVegas brand in New Jersey in the first half of 2022. LeoVegas to Enter the Regulated US Market in 2022 LeoVegas […]
Sports
May 7, 2021
MLB’s Arizona Diamondbacks Are Now in the Sports Gambling Business
MLB and Arizona have something in common. They both ushered in a new era last month as MLB held its Opening Day on April 1, after having had to change up the schedule last year due to COVID-19, and the state approving sports gambling a short time later. With the passage of that legislation, Arizona […]
Business
May 5, 2021
Caesars Rebrands William Hill, Ready to Sell Non-US Assets
US casino giant Caesars Entertainment announced plans to significantly ramp up investment in the sports betting space and become a leading sportsbook operator nationwide. Having completed the $3.7 billion acquisition of UK-based sports betting company William Hill in late April, Caesars is now ready to offload its non-US assets. Sale Should Be Complete This Time […]
Business
May 3, 2021
Caesars Set to Bank off Sale of William Hill’s Non-US assets
Now that Caesars Entertainment was able to close on its purchase of William Hill and all of the sports gambling operator’s assets, it’s time to get to work. Caesars made it clear from the start that it would sell William Hill’s non-US assets following the acquisition that cost it $3.7 billion and it’s ready to […]
Insider
April 28, 2021
SuperDraft CEO Steve Wang: “In a National Landscape Overpopulated by Real Money Books, Social Bettors Are Looking for Alternatives”
The United States is welcoming the expansion of sports betting with open arms and, despite some holdout states across the country, the general consensus supports the adoption of more liberal sports betting laws. Yet, the majority of sportsbooks seem to focus on the real money experience where participants have to spend hard-earned cash to participate […]
Industry
April 23, 2021
William Hill Is Now Officially Part of the Caesars Entertainment Family
As Caesars Entertainment jumped through all of the bureaucratic hoops to secure its acquisition of sports gambling giant William Hill, there was some concern that another entity might try to muscle its way in at the last minute. Caesars has now made sure that this won’t happen, as it quickly closed on the purchase deal […]