Caesars Entertainment

2nd November 2022

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…

7th October 2022

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…

23rd September 2022

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…

2nd September 2022

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…

5th August 2022

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…

3rd August 2022

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…

27th June 2022

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,…

10th March 2022

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…

25th February 2022

Caesars announces sports betting partnership with Cleveland Cavaliers

Caesars Entertainment has signed a multi-year agreement which will see it named as the official sportsbook partner of NBA side the Cleveland Cavaliers. The deal…

23rd February 2022

Caesars to “dramatically curtail” media presence following ad-heavy 2021

Caesars has confirmed that it will “dramatically” cut back its marketing spend throughout the US in its full year 2021 and fourth quarter results investors…

11th February 2022

Caesars launches retail betting in Washington

Caesars Entertainment has opened its first retail sportsbook in Washington at the Muckleshoot Casino in Auburn, with further launches planned at the Spokane Tribe Casino and Chewelah…

11th February 2022

Fubo Gaming partners Caesars for access in Mississippi, Louisiana and Missouri

The Fubo Gaming subsidiary of FuboTV has secured three further market access agreements in Mississippi, Louisiana and Missouri via its partnership with Caesars Entertainment. Each…

18th November 2021

Caesars strikes sports betting deal with Madison Square Garden

New York’s Madison Square Garden Sports Corporation (MSG Sports) and Madison Square Garden Entertainment Corporation (MSG Entertainment) have announced a multi-year partnership with Caesar Entertainment. The…

8th November 2021

New York Gaming Commission selects nine mobile betting licensees

New York’s tender to award mobile sports betting licenses has concluded with two bids – comprising nine operators – recommended for licenses. At a commission…