"Caesars Entertainment" Tag Results

Casino Reopening Takes Focus in the US

Waking up the casino and hospitality industry in the United States is this week’s main topic, with businesses trying to reopen amid the still developing COVID-19 outbreak. Caesars Reveals Names of Properties to Reopen First in The Strip Caesars Entertainment announced on Thursday, May 21, that the company is prepared to restart operations in the […]

By Kevin Parker

AGA Backs Latest Paycheck Protection Program and Other News

The week from April 27 through May 1 has had seen several important developments in the U.S. casino landscape. AGA approved the newest PPP voted by SBA and Caesars set-up a relief fund. TSG and Flutter Entertainment are finalizing their merger on Tuesday, May 5, and Illinois casinos will have to stay shut until further […]

By Kevin Parker

iGaming News Round Up: Mergers, Twin River Plans to Acquire Three Casinos

To wrap the weekend up, we take a look at the most important events in the casino industry the Week April 20 – April 24. A pivotal merger between Diamond Eagle Acquisition Corp., DraftKings and SBTech has been concluded and Twin River announced plans to acquire three of Caesars and Eldorado’s casino. For more of […]

By Kevin Parker

Penn National Gaming Furloughs 26,000 Employees and Nevada Stays Closed

The largest news this week has been the decision by Penn National Gaming (PNG) to sell its Tropicana Las Vegas Casino property, joining a restructuring effort across the gambling industry to reduce the impact from the novel coronavirus (COVID-19). This move is straight out of MGM Resorts’ own playbook, after the company announced previously that […]

By Kevin Parker

Caesars Entertainment Corporation Reports $1.20bn Net Loss in 2019

Last week, Caesars Entertainment Corporation (CEC) reported its financial results through the 12 months finishing on December 13. The company announced that it had turned a $1.20 billion net loss over the period. Net revenue over the 12 months reached $8.74 billion or up 4.2% on the plus side. The positive developments in the financial […]

By Kevin Parker

iGaming Round Up: New Hampshire Hits 1m in Bets, Eldorado and Caesar Merger

CasinoSites.us brings you the latest news round-up from the casino and iGaming industry in the United States from Monday 17 through February 21. New Hampshire Hits 1m Bets in Just Six Weeks Six weeks after the release of online gambling in New Hampshire, the state has seen 1 million bets placed, not least of all […]

By Kevin Parker

iGaming News: End of an Era, Michigan Clamps Down on Illegal Gambling

Last week, there have been several important developments concerning the online gambling segment in the United States. We have done our best to catch you up on the milestone events between February 10th and February 14th. Michigan Addresses the Issue of Illegal Gambling by Clamping Down on Operations The Michigan Gaming Control Board (MGCB) has […]

By Kevin Parker

iGaming News: Eldorado and Caesars, Detroit’s $1.45bn profits

The most notable iGaming news from within the US in the past week; Eldorado Finally Gets Louisiana’s Approval to Acquire Caesars After a long-awaited regulatory decision, Eldorado Resorts have finally secured the go-ahead from Louisiana and can now proceed with the acquisition of Caesars Entertainment Corporation. According to the Louisiana Gaming Control Board, the $17.3 […]

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