Caesars Entertainment Corporation

Penn National to cease operations at Resorts Casino in Tunica, Mississippi on June 30

April 17, 2019

Latest Casino and Gambling News, Casino News, Casino closures, Mississippi

After two years of ownership, Pennsylvania-based gaming and racing operator, Penn National Gaming, Inc. (PENN: NASDAQ) announced Tuesday that effective June 30, 2019, operations at its Resorts Casino Tunica pro...

Caesars Entertainment Corporation names new Chief Executive Officer

Adam Morgan

April 17, 2019

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Employment & Careers

Prominent American casino operator, Caesars Entertainment Corporation, has announced that it has selected veteran gaming industry executive, Anthony ‘Tony’ Rodio (pictured), to replace the outgoing Mark Frissor...

Study recommends relocating two Shreveport-area casinos

Adam Morgan

April 12, 2019

Casino Sales, Latest Casino and Gambling News, Casino News, Economy/Finance, Louisiana

In Louisiana, a new study from Spectrum Gaming Group has reportedly determined that a pair of under-performing riverboat casinos located near the city of Shreveport would benefit by being moved to other areas o...

Caesars Palace Las Vegas casino dealers vote to join UAW

K Morrison

March 25, 2019

Latest Casino and Gambling News, Las Vegas, Casino News, Labor Relations

Seven days after workers at four other Las Vegas properties approved the move, some 550 table game dealers at Caesars Palace Las Vegas Casino voted on Saturday, March 23, 2019, to join the International Union, ...

Limited pool for Caesars Entertainment Corporation buyers

Adam Morgan

March 13, 2019

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

There are reportedly only three American casino operators that currently have enough financial clout to purchase the entirety of Caesars Entertainment Corporation while any other such interested local parties w...

Caesars Entertainment Corporation purchase for Carl Icahn

Adam Morgan

March 11, 2019

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

American hedge fund billionaire, Carl Icahn (pictured), has reportedly purchased a further 5.85% stake in Caesars Entertainment Corporation to become the land-based casino operator’s largest shareholder. Sig...

American billionaire interested in Las Vegas acquisition

Adam Morgan

March 7, 2019

Latest Casino and Gambling News, Las Vegas, Casino News, Economy/Finance, Mergers, Acquisitions & Partnerships

The billionaire American businessman behind the Soho House chain of private members clubs, Ronald Burkle (pictured), has reportedly approached Caesars Entertainment Corporation about the possibility of purchasi...

Lack of Asian exposure hurting Caesars Entertainment Corporation

Adam Morgan

March 6, 2019

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Asian Casino News, Mergers, Acquisitions & Partnerships

The future prospects of American casino operator, Caesars Entertainment Corporation, are likely to remain relatively restricted due the firm’s policy of largely overlooking Asia in favor of focusing the vast ma...

Newly-opened Prairie Flower Casino facing legal challenges

Adam Morgan

March 4, 2019

Latest Casino and Gambling News, Tribal Gaming, Casino News, Casino project updates, Economy/Finance, Fines, Lawsuits & Litigation, Iowa

Some four months after premiering its $10 million Prairie Flower Casino in western Iowa and the federally-recognized, Ponca Tribe of Nebraska, is now reportedly facing a legal fight to keep the facility open. ...

Caesars Entertainment Corporation inks Carl Icahn agreement

Adam Morgan

March 4, 2019

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

American land-based casino operator, Caesars Entertainment Corporation, has announced the signing of a deal with Carl Icahn (pictured) that has seen it allow the billionaire investor to name a trio of new direc...

Caesars Entertainment Corporation inks DraftKings Incorporated alliance

Adam Morgan

February 26, 2019

Latest Casino and Gambling News, U.S.A., Mobile gaming, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Fantasy Sports

American land-based casino operator Caesars Entertainment Corporation has announced the signing of a multi-year arrangement that is set to see it provide daily fantasy sports and sportsbetting firm DraftKings I...

Acquisition proves wise for Caesars Entertainment Corporation

Adam Morgan

February 22, 2019

Latest Casino and Gambling News, U.S.A., Las Vegas, Economy/Finance, Mergers, Acquisitions & Partnerships

American casino operator, Caesars Entertainment Corporation, has released its unaudited financial results for 2018 showing that it had experienced a 2.7% increase year-on-year in enterprise-wide net revenues to...

Atlantic City posts positive January results

Adam Morgan

February 15, 2019

Latest Casino and Gambling News, Economy/Finance, New Jersey

The nine-casino market in Atlantic City reportedly had a good January after recording an almost 20% increase year-on-year in aggregated gross gaming revenues to $229.6 million helped by a 53% overall rise in ta...

Casino operators supporting Maryland cheating legislation

Adam Morgan

February 14, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino Cheating, Crime, Maryland

In Maryland, casino operators Caesars Entertainment Corporation and MGM Resorts International have reportedly thrown their considerable weight behind a piece of proposed legislation that aims to criminalize som...

Caesars Entertainment Corporation partners with Turner Sports

Adam Morgan

February 11, 2019

Latest Casino and Gambling News, Las Vegas, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

A little over a month after inking a multi-year partnership deal with the National Football League (NFL) and casino operator, Caesars Entertainment Corporation, has now announced the signing of a similar arrang...