Caesars Entertainment
Caesars to launch in Kentucky after Keeneland and Red Mile racetracks deal
Caesars Sportsbook has partnered with Keeneland and Red Mile racetracks ahead of the launch of sports betting in Kentucky. As part of the agreements, the…
Digital growth helps Caesars cut net loss in Q1
Caesars Entertainment cut its net loss by 80.0% during the first quarter of 2022 following a 23.5% increase in revenue, driven by growth in Las…
Caesars unveils new responsible gambling policies
Caesars Entertainment has announced two new policies to strengthen its commitment to responsible gambling and protecting players from gambling related harm. Coinciding with National Problem…
Caesars extends rewards scheme amid New York City casino bid
Caesars Entertainment has sought to boost its bid to open New York City’s first full casino in Times Square by offering to extend its loyalty…
Caesars Entertainment proposes $1.25bn senior notes offering
Caesars Entertainment has announced plans to offer $1.25bn aggregate principal amount of senior secured notes due 2030 in a private placement to qualified institutional buyers.…
Caesars enters sports betting partnership with Massachussetts’ Raynham Park
Caesars Entertainment has partnered with Massachusetts’ Raynham Park to open a retail sports betting facility there, pending approvals, after the racing centre ended its ties…
Caesars CEO refuses to rule out digital spin-off
Caesars Entertainment chief executive Tom Reeg said the operator would consider spinning off its digital business if this would help drive further growth and shareholder…
Caesars closes new $3.0bn senior secured credit facilities
Caesars Entertainment has announced the closing of $3.0bn in new senior secured credit facilities. The facilities include a $750.0m senior secured term loan and a…
Nevada regulator fines Caesars-owned William Hill US $100,000
The Nevada Gaming Commission has officially issued a $100,000 fine to Caesars subsidiary William Hill US as part of a settlement against the operator. Michael…
Caesars snaps up igaming executive Sunderland from BetMGM
Caesars Entertainment has appointed Matt Sunderland to the role of senior vice president of igaming. Sunderland has more than 20 years experience in the online…
Caesars scores new partnership with NBA’s Grizzlies
Caesars Entertainment has entered into a multi-year partnership with National Basketball Association franchise the Memphis Grizzlies. Under the deal, the operator’s Caesars Sportsbook brand will…
Caesars posts $692.0m digital loss in first half despite Q2 improvement
Caesars Entertainment posted a $692.0m net loss for its digital division in the first half of its 2022 financial year, despite the business experiencing an…
Atlantic City casinos could lose $1m in EBITDA daily during strike, says union
Labour union Unite Here Local 54 has estimated that Caesars Entertainment and MGM each risk losing $1m (£813,153/€943,067) per day in earnings before interest, tax,…
Caesars relaunches mobile sports betting in Illinois
Caesars Entertainment has announced the relaunch of its mobile sports betting application in Illinois following the state’s permanent switch to remote registration. The Caesars Sportsbook…