Caesars Entertainment Incorporated

Entain shareholders reject latest MGM Resorts International takeover offer

January 4, 2021

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

Shareholders for prominent iGaming and sportsbook operator Entain have reportedly rebuffed a takeover offer from American casino behemoth MGM Resorts International rumored to be worth in the region of $11.1 bil...

Grand redevelopment plans for Harrah’s New Orleans

Adam Morgan

December 9, 2020

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Licenses, Taxation, Louisiana

Newly-enlarged casino operator Caesars Entertainment Incorporated has just unveiled plans that are to see it spend approximately $325 million in order to renovate and expand its Harrah’s New Orleans property. ...

Casino operator share prices rise following United Kingdom vaccination news

Adam Morgan

December 3, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, United Kingdom

The share prices for some of the world’s most prominent land-based casino operators have reportedly risen following yesterday’s news that the United Kingdom has become the first country to approve the rollout o...

William Hill shareholders approve envisioned takeover proposal

Adam Morgan

November 20, 2020

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

American casino operator Caesars Entertainment Incorporated has announced that its proposed $3.7 billion takeover of William Hill has been approved by the British sportsbetting giant’s shareholders. The Reno...

Illinois casinos and slot parlors being ordered to shut for a second time

Adam Morgan

November 18, 2020

Latest Casino and Gambling News, U.S.A., Casino News, Casino closures, Gaming Industry News, Economy/Finance, Illinois, Michigan, Ohio, Pennsylvania

For the second time this year and all casino and slot parlors in the American state of Illinois have reportedly been ordered to bar their doors for an indeterminate period of time due to an increase in the numb...

Casino share prices rally following coronavirus vaccine revelation

Adam Morgan

November 10, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Nevada

Yesterday’s news that there may soon be a vaccine to help stop the spread of the coronavirus pandemic has reportedly proved a boon for the price of shares in some of the biggest publicly-listed casino operators...

Rio All-Suite Hotel and Casino to re-open by the end of the year

Adam Morgan

November 6, 2020

Casino Sales, Latest Casino and Gambling News, Las Vegas, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

In Las Vegas and the newly-enlarged Caesars Entertainment Incorporated has reportedly announced that it intends to re-open its shuttered Rio All-Suite Hotel and Casino property by the end of this year. Accor...

Caesars Entertainment Incorporated agrees to sell Tropicana Evansville

Adam Morgan

October 28, 2020

Casino Sales, Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Indiana

American casino operator Caesars Entertainment Incorporated has announced the signing of a deal that is to see it offload its Tropicana Evansville property to Gaming and Leisure Properties Incorporated for $480...

Expanded coverage for Caesars Rewards loyalty program

Adam Morgan

October 22, 2020

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

The Caesars Rewards loyalty program now covers a further 18 properties following July’s merger of American casino operators Caesars Entertainment Corporation with Eldorado Resorts Incorporated to create the new...

William Hill posts encouraging third-quarter financial update

Adam Morgan

October 21, 2020

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

British sportsbetting giant William Hill has released a trading update showing that its group-wide net revenues for the third quarter fell by 9% year-on-year despite a 4% rise in activity from its online busine...

American casino operators facing coronavirus-induced delays in South Korea

Adam Morgan

October 21, 2020

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

American casino operators Caesars Entertainment Incorporated and Mohegan Gaming and Entertainment are reportedly facing delays in securing enough financing to complete construction of ambitious gambling-friendl...

Twin River Worldwide Holdings Incorporated to rebrand under the Bally’s name

Adam Morgan

October 13, 2020

Latest Casino and Gambling News, U.S.A., Horse Racing, Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

Hard on the heels of completing its $25 million purchase of Bally’s Atlantic City and American casino operator Twin River Worldwide Holdings Incorporated is reportedly set to change its corporate identity to be...

Caesars Entertainment Incorporated completes Harrah’s Reno sale

Adam Morgan

October 2, 2020

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

American casino operator Caesars Entertainment Incorporated has announced the completion of the deal that has seen it offload its Harrah's Reno property to an affiliate of real estate investments firm CAI Inves...

William Hill completes acquisition of American rival CG Technology

Adam Morgan

September 2, 2020

Latest Casino and Gambling News, U.S.A., Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

British bookmaker William Hill has reportedly announced that its American subsidiary has completed its planned purchase of local rival CG Technology and is now looking to rapidly incorporate the acquisition’s s...

Planned Caesars/Eldorado merger clears final hurdle in New Jersey

Adam Morgan

July 20, 2020

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

The proposed $17.3 billion deal that is to see American casino giant Caesars Entertainment Corporation merge with smaller rival Eldorado Resorts Incorporated reportedly passed its final hurdle late last week af...