Tag Archives: Caesars Entertainment
- Caesars comeback won’t last past 2020
May 23, 2017
Caesars is planning a comeback. After Caesars Entertainment Operating Company (CEOC) emerges from bankruptcy sometime in the third quarter, Caesars will still have $14.6B in debt on its balance sheet. With a market cap of $1.64B, that still puts its total leverage at nearly 900%. This will be manageable until...
- Casino Control Commission green lights Caesars restructuring plan
May 11, 2017
Caesars Entertainment Operating Co. (CEOC) has won approval of its plan to lease operations of their properties after getting a nod from New Jersey’s Casino Control Commission (CCC). Press of Atlantic City reported that the state’s casino regulator gave CEOC, which owns Bally’s and Caesars Atlantic City, the go-ahead to...
- Gamblit expands skill games presence in Nevada casinos
May 4, 2017
Skill-based games developer Gamblit Gaming has made further inroads into Nevada’s land-based casino market via product launches with MGM Resorts and Caesars Entertainment. On Tuesday, Gamblit announced that its first two skill-based games had officially gone live in the LEVEL UP lounge at the MGM Grand in Las Vegas. Players...
- Pats owner’s casino ties expose NFL’s gambling hypocrisy
April 25, 2017
The National Football League’s disinterest in New England Patriots owner Robert Kraft’s stake in casino operator Caesars Entertainment is heaping fresh scorn on the league’s oft-criticized anti-gambling stance. On Monday, sportswriter Bart Hubbuch published a lengthy article on Deadspin detailing his failed efforts to publish a story in the New...
- Gamblit, Caesars launch So-Cal’s first skill-based casino games
April 18, 2017
The march of skill-based casino games across the United States continues unabated following the launch of Gamblit Games products at one of Caesars Entertainment’s California properties. On Tuesday, Gamblit and Caesars announced the installation last Friday of two of Gamblit’s Model G real-money gaming tables at Harrah’s Resort Southern California...
- Caesars, Gamblit testing skill-based games in Las Vegas
March 30, 2017
Skill-based casino games are making further inroads at US casinos through the launch of new Gamblit Gaming products at Caesars Entertainment’s Planet Hollywood property in Las Vegas. On Thursday, Caesars and Gamblit announced the initial field trial phase of what they’re calling “the first skill-based gaming experience in the Las...
Caesars, Gamblit testing skill-based games in Las Vegas
March 30, 2017
Caesars comeback won’t last past 2020
May 23, 2017
Gaming suppliers form advisory panel for product innovation
August 4, 2017