Caesars
FTC approves Eldorado-Caesars merger
The Federal Trade Commission (FTC) has approved the merger between Eldorado Resorts and Caesars Entertainment, after requiring Eldorado to sell two properties to Twin River…
State of the Union: NJ, CA, IL and more
This week’s State of the Union, in partnership with Segev LLP, covers the reopening plans for New Jersey casinos, the withdrawal of a bill to…
Caesars and MGM require masks for all customers
Land-based gaming giants Caesars Entertainment and MGM Resorts have announced customers will be required to wear masks at all venues throughout the US in order to…
US casinos continue to reopen as Covid-19 restrictions eased
A number of leading commercial casino operators in the US have announced the reopening of their properties as states continue to relax restrictions for the…
State of the Union: DraftKings, PA, IGT and more
This week’s State of the Union, in partnership with Segev LLP, covers DraftKings’ results for the final quarter before its merger with SBTech closed, as…
LV casinos partner hospital to coordinate Covid-19 testing
Las Vegas casinos have partnered the University Medical Center of Southern Nevada (UMC), the Culinary Health Fund and the Las Vegas Convention Center to test…
State of the Union: NJ, Scientific Games, Caesars, IN and more
This week’s State of the Union, in partnership with Segev LLP, includes quarterly financial results from some of the US casino industry’s largest operators and…
Caesars returns to profit in Q1 despite revenue drop
Caesars Entertainment Corporation (CEC) reported $123m in comprehensive profit for the first quarter of 2020, despite experiencing a year-on-year drop in revenue due to enforced…
State of the Union: SBTech-DraftKings, Nevada, Tennessee and more
This week’s state of the union, in partnership with Segev LLP, covers approval from Diamond Eagle Acquisition Corp. for the acquisition of DraftKings and SBTech,…
Caesars launches assistance fund for staff and communities
Caesars Entertainment has launched a new assistance fund to support staff and local communities across the US negatively impacted by the outbreak of novel coronavirus…
State of the Union: Michigan, NY, SBTech, Nevada and more
This week’s state of the union, in partnership with Segev LLP, includes Michigan’s first sports betting figures, while sportsbooks in New York bounced back from…
Caesars furloughs 90% of staff over Covid-19 shutdown
Caesars Entertainment Corporation has announced that it has furloughed around 90% of its total workforce in response to the temporary shutdown of its casino properties…
Caesars Entertainment slips to $1.20bn net loss in 2019
Caesars Entertainment Corporation (CEC) reported a slight increase in revenue for 2019, though fair value changes in its convertible notes led to the operator posting…
Eldorado secures further regulatory approval for Caesars acquisition
US casino operator Eldorado Resorts has secured approval from the Mississippi Gaming Commission to proceed with its pending acquisition of Caesars Entertainment. Eldorado in June…