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Caesars new CEO appears to be in for the long term

When I was growing up, my dad would buy a used car, fix it up with a few new parts and sell it for a profit. My family and I once figured out he owned about 75 cars during my teen years.

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8/17/2019

article Amazon, Swatch, Daimler and the Risks of a Global Recession
(USA) -- Investors are bracing for a significant downturn in the world economy, cutting earnings estimates amid a market sell-off. While all cyclical industries face...

8/13/2019

article Caesars Entertainment parts ways with top executive for three Atlantic City casinos
(Atlantic City) -- The top executive for Caesars Entertainment Corp.'s three Atlantic City properties is no longer with the company. Kevin Ortzman, who served as...

8/12/2019

article Caesars Wins Withdrawal Liability Lawsuit Against Pension
(Atlantic City) -- Caesars Entertainment Corp. has won a lawsuit against the International Union of Operating Engineers Local 68 Pension Fund, a New Jersey multi-...

8/8/2019

article Eldorado Resorts Talks Sports Betting Developments With Caesars
(Nevada) -- Caesars Entertainment and Eldorado Resorts agreed to a merger last month to create the largest gambling company in the United States.

8/6/2019

article Eldorado Resorts Likely to Sell a Las Vegas Strip Property Following Caesars Deal
(Las Vegas) -- Eldorado Resorts Inc. ERI -4.63% is strongly considering the sale of a Las Vegas Strip casino after finishing its acquisition of Caesars Entertainment...
article Atlantic City may become focal point in completed Caesars, Eldorado deal
(Atlantic City) -- In the midst of a blockbuster merger that will create the United States' largest gaming company, Eldorado Resorts Inc. and Caesars Entertainment...
article Caesars Entertainment had a net loss for the quarter
(Las Vegas) -- Caesars Entertainment, which operates nine hotel-casinos on the Las Vegas Strip, had a net loss for the quarter — $315 million, or 47 cents per...
article Caesars’ First Half Revenue Growth Followed by Landslide
(Las Vegas) -- United States casino titan Caesars Entertainment reported a net loss of $532 million dollars, which occurred during the first half of 2019 and despite...
article Eldorado Considers Spinning Off Sports Betting After Closing Caesars Deal
(Nevada) -- Eldorado Resorts Inc., fresh off an agreement to acquire Caesars Entertainment Corp. and become the largest casino owner in the U.S., has more deals in mind...

8/5/2019

article Casinos, Hotels & Frank Sinatra: The History of Caesars Entertainment
(Las Vegas) -- Are you not entertained!? Two cabana motel owners and a vision of a hotel where the atmosphere would make everyone staying feel like a Caesar. Jay Sarno...
article Caesars slips back into loss in 2Q19 but US properties showing growth ahead of Eldorado merger
(Las Vegas) -- Caesars Entertainment Corp’s portfolio of US properties showed positive momentum in the three months to 30 June 2019, with net revenues rising 4.9%...
press release Caesars Entertainment Reports Financial Results for the Second Quarter of 2019
(Las Vegas) -- Caesars Entertainment Corporation today reported second quarter of 2019 results as summarized in the discussion below, which highlights certain GAAP and...

7/31/2019

article Former executive sues Caesars Entertainment over wrongful termination, alleges boss was 'making out' with another employee at work
(New Jersey) -- A Longport woman who was a senior executive for Caesars Entertainment Corp. has filed a wrongful termination lawsuit against her former employer alleging...

7/28/2019

article Impact of Eldorado-Caesars deal on Lake Tahoe gaming market remains unknown
(Nevada) -- It’s been more than four weeks since an announced merger that, if approved, would create the largest gaming owner and operator in the U.S., and...

7/25/2019

article Anatomy Of A Merger Part III: Caesars, Eldorado & How Sports Betting Fits
(Las Vegas) -- When Eldorado Resorts and Caesars Entertainment join forces in the first half of 2020 (contingent upon the approval of shareholders, state regulatory...

7/24/2019

article How Caesars Entertainment is leading the way in gaming innovation with The LINQ
(Las Vegas) -- Matthew Kenagy is the senior director of strategic development at Caesars Entertainment. He explains how innovative gaming technology is engaging a new...
article Eldorado Resorts Has Risky Plan for Caesars Entertainment Buyout
(Las Vegas) -- When Eldorado Resorts (NASDAQ:ERI) announced its plan to acquire Caesars Entertainment (NASDAQ:CZR)back in June, it felt eerily familiar to those of us...

7/23/2019

article Caesars former VP sues over sexual discrimination
(Las Vegas) -- Caesars Entertainment apparently likes to stress the entertainment portion of its name. According to one former employee, a former regional VP of...
article Comedian allegedly banned from Caesars over one-star review
(Las Vegas) -- Doug Stanhope spends most of his time trying to make other people laugh with his dark, sometimes caustic, humor. His major influences were National...

7/21/2019

article Comedian Doug Stanhope Claims Caesars Banishment Decree Comes After Rio One-Star Yelp Review
(Las Vegas) -- Why did comedian Doug Stanhope give the Rio All-Suite Hotel and Casino a one-star rating on Yelp? “Because who reads a two-star review? It’s...

7/13/2019

article Caesars’ Strip properties dazzle some potential buyers
(Las Vegas) -- Hotel-casinos on the Las Vegas Strip don’t go up for sale often. “That alone makes them pretty desirable,” said Union Gaming analyst...

7/11/2019

article Caesars properties in Las Vegas that could be sold in $17.3B deal
(Las Vegas) -- The gaming industry is still buzzing about last month’s announcement that regional gaming leader Eldorado Resorts Inc. of Reno is looking to buy...

7/10/2019

article Eldorado, Caesars deal not yet on state gaming regulators' agenda
(Atlantic City) -- State gaming regulators will meet Tuesday for the first time since the announcement of a merger between Eldorado Resorts and Caesars Entertainment,...

7/9/2019

article Caesars’ Las Vegas Strip properties may be up for grabs
(Las Vegas) -- Hotel-casinos on the Las Vegas Strip don’t go up for sale often. “That alone makes them pretty desirable,” said Union Gaming analyst...

7/7/2019

article 4 Ways the Caesars Entertainment Buyout Could Fall Apart
(Wall Street) -- When Caesars Entertainment late last month announced it was being acquired by Eldorado Resorts, it was a bit of a shock for the gambling industry....
article Reno gambling company poised to be U.S. biggest
(Nevada) -- In the 1970s, Gary Carano wouldn’t have imagined his family’s company would one day be the talk of the gambling industry. But nearly a half-...

7/5/2019

article VIDEO: Fireworks at Caesars Palace on the Las Vegas Strip
(Las Vegas) -- Highlights from the fireworks that lit up the Caesars Palace on the Strip on July 4, 2019.
article 4 Ways the Caesars Entertainment Buyout Could Fall Apart
(Las Vegas) -- When Caesars Entertainment (NASDAQ:CZR) late last month announced it was being acquired by Eldorado Resorts (NASDAQ:ERI), it was a bit of a shock for the...

7/2/2019

article Eldorado Resorts May Be Paying Too Much for Caesars Entertainment
(Las Vegas) -- An acquisitive Eldorado Resorts (ticker: ERI) landed its biggest deal yet by agreeing Monday to buy the larger Caesars Entertainment (CZR), but Wall...
article Eldorado to become Vegas giant with Caesars deal
(Las Vegas) -- Reno, Nev.-based Eldorado Resorts last week instantly went from regional casino player to veritable gaming powerhouse following the announcement that it...

6/30/2019

article Eldorado to become Vegas giant with Caesars deal
(Nevada) -- Reno, Nev.-based Eldorado Resorts last week instantly went from regional casino player to veritable gaming powerhouse following the announcement that it had...

6/28/2019

article Which U.S. Regions Can Eldorado-Caesars Focus On To Achieve Meaningful Growth In The Long Run?
(Las Vegas) -- After entering into a definitive merger agreement with Caesars Entertainment, Eldorado’s management indicated that the casino company will realize $...

6/27/2019

article Family casino business catapults to gaming giant
(Reno) -- In the 1970s, Gary Carano wouldn’t have imagined his family’s company would one day be the talk of the gaming industry. But nearly a half-century...
article Moody’s Considering Downgrading Eldorado Resorts’ Credit Rating in Wake of $17.3 Billion Caesars Entertainment Deal
(Las Vegas) -- Eldorado Resorts, Inc.’s (NASDAQ:ERI) $17.3 billion offer to acquire Caesars Entertainment Corp. (NASDAQ:CZR) could result in the regional gaming...

6/26/2019

article Caesars Begins Remodeling Indiana Venues For Sports Betting Launch
(Indiana) -- In preparation for the launch of legal sports betting in Indiana, Caesars Entertainment is upgrading its properties in the state. The company, which on...
article Caesars Gives Thumbs Up to Eldorado Acquisition
(Las Vegas) -- When Caesars Entertainment (ticker: CZR) first filed for bankruptcy in 2015, many thought the Roman-themed gaming company was being thrown to the lions....
article What Does The Eldorado-Caesars Deal Mean For Wynn, Sands, And MGM?
(Las Vegas) -- Eldorado Resorts recently announced plans to acquire Caesars Entertainment for a total consideration of $17.3 billion. The combined entity will be the...
article Tilman Fertitta eyes Las Vegas Strip casinos after Caesars sale
(Las Vegas) -- Houston billionaire Tilman Fertitta is looking to purchase casino property on the Las Vegas Strip that could be spun off from Eldorado Resorts’...

6/25/2019

article Eilers & Krejcik analyst "pessimistic" about long-term Eldorado Caesars prospects
(Las Vegas) -- Eilers & Krejcik Gaming analyst Matt Kaufman is concerned by Caesars Entertainment’s long-term health following its merger with Eldorado Resorts...
article Eldorado seals a risky Caesars deal with echoes of Apollo
(Las Vegas) -- Well it happened. Carl Icahn got his way again, and Caesars is merging with Eldorado Resorts. Got to give it to the guy—he really knows how to...
article Isle Casino Racing parent agrees to buy Caesars; could local name change be far behind?
(Las Vegas) -- In the wake of a blockbuster takeover of Caesars Entertainment by Eldorado Resorts, parent of Isle Casino Racing Pompano Park, what are the odds that the...
article TI owner Phil Ruffin interested in buying the right Caesars property
(Las Vegas) -- Treasure Island owner Phil Ruffin said he’d be interested in buying another Strip casino if a Caesars property becomes available in the company'...
article What The Caesars Merger With Eldorado Means For US Sports Betting
(Las Vegas) -- Carl Icahn found a suitor for the Caesars Entertainment acquisition he shopped for several months. Reuters reported over the weekend that Caesars agreed...
article Bally’s bad hand: Caesars-Eldorado deal might doom casino
(Atlantic City) -- The pending marriage of Eldorado Resorts and Caesars Entertainment may spell the end for 40-year-old Bally’s in Atlantic City. Eldorado’s...
article Caesars set to update all Indiana facilities for sports betting
(Indiana) -- Caesars Entertainment Corp. plans to update its Winner’s Circle off-track betting facility in downtown Indianapolis, as well as its casinos in...
article Eldorado Resorts buys Caesars for $17.3B; company will own 6 Louisiana casinos including Harrah's
(Louisiana) -- Nevada casino operator Eldorado Resorts, which runs the Belle of Baton Rouge, is buying Caesars Entertainment Corp., which operates the Harrah's land-...
article What will sale of Caesars mean for Biloxi and Harrah’s Gulf Coast?
(Mississippi) -- Monday’s announcement that Eldorado Resorts will buy Caesars for $17.3 billion in cash and stock had people in Biloxi asking what the merger will...

6/24/2019

article Caesars Deal Catapults Underdog Eldorado to Casino Powerhouse
(Las Vegas) -- In the casino business, the minnow is swallowing the whale. Eldorado Resorts Inc.’s $8.58 billion acquisition of Caesars Entertainment Corp. means...
article Eldorado Resorts Buys Caesars For $17.3 Billion
(Las Vegas) -- Eldorado Resorts is buying Caesars Entertainment for $17.3 billion, in a cash-and-stock deal that the companies say will create the largest gambling...
article Eldorado Resorts, parent of Elgin casino, buying Caesars to form new gambling giant
(Las Vegas) -- A casino juggernaut was formed Monday when Eldorado Resorts announced it is buying Caesars in a cash-and-stock deal valued at $17.3 billion. The...
article Eldorado’s $17.3B deal for Caesars could create largest casino company
(Las Vegas) -- A $17.3 billion megadeal is slated to create the largest casino company in the world by gaming assets.
article Caesars deal turns underdog Eldorado Resorts into a casino powerhouse
(Las Vegas) -- In the casino business, the minnow is swallowing the whale. Eldorado Resorts Inc.’s $8.58-billion acquisition of Caesars Entertainment Corp. means...
article Caesars surges as Eldorado Resorts agrees to buy the casino operator for $8.6 billion in a deal backed by Carl Icahn
(Las Vegas) -- The list of major casino operators in the US just got smaller. Caesars Entertainment climbed as much as 12% in early trading on Monday after Eldorado...
article Caesars takeover by Eldorado to create casino giant
(Las Vegas) -- One of the best known names in gambling, Caesars Entertainment, has agreed to bought by Eldorado Resorts in a deal worth $17.3bn (£13.6bn).
article Eldorado CEO: Selling casinos will be part of $17.3B merger with Caesars Entertainment
(Las Vegas) -- The combined Eldorado Resorts-Caesars Entertainment gaming industry behemoth announced Monday may not look the same when the $17.3 billion deal closes...
article Eldorado is buying Caesars to form America's largest casino business
(Las Vegas) -- Eldorado Resorts is buying Caesars Entertainment to create the largest gaming company in the United States. Eldorado Resorts (ERI) said Monday it has...
article High rollers: Eldorado buys Caesars in deal valued at $17B
(Las Vegas) -- A casino juggernaut was formed Monday when Eldorado Resorts announced it is buying Caesars in a cash-and-stock deal valued at $17.3 billion. The...
article No Rush to Get Involved in the Caesars, Eldorado Deal
(Las Vegas) -- Several weeks back, I traveled to Las Vegas for the first time. Not a real prince of the nightlife, I had never had the urge to go. For me, vacation is...
article OP/ED: Carl Icahn Proves Deft Dealer Again in Caesars Win
(Las Vegas) -- In M&A, much like in blackjack, players have to be wary of a stiff hand – bid too high and it could be a bust. That’s especially true when...
article Reno’s Eldorado Resorts to buy Caesars in $17.3 billion casino merger
(Nevada) -- Eldorado Resorts is buying Caesars Entertainment in a cash-and-stock deal valued at $17.3 billion, effectively creating the largest owner and operator of...
article Sweeney concerned over Caesars buyout
(Las Vegas) -- Senate President Steve Sweeney expressed concerns about a $17.3 billion buyout of Caesars Entertainment by Eldorado resorts.
article Sweeney Expresses Concern with Eldorado Casino Deal to Buy Caesars
(Las Vegas) -- Senate President Steve Sweeney (D-Gloucester/Salem/Cumberland) issued the following statement today reacting to the purchase of Caesars Entertainment by...
article VICI Scores Coup in Eldorado/Caesars Deal; Wins 3 Harrah’s Properties For $3.2 Billion
(Las Vegas) -- VICI Properties Inc. (NYSE:VICI) is acquiring three Harrah’s properties for $3.2 billion from Eldorado Resorts, Inc. (NASDAQ:ERI) as part of the...

6/23/2019

article Eldorado Resorts clinches $18 billion cash and stock deal for Caesars: sources
(Las Vegas) -- U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18...
article Report: Eldorado Resorts merging with Caesars in $18 billion deal
(Reno) -- After months of speculation, Reno-based Eldorado Resorts is reportedly set to announce a multi-billion merger with Caesars Entertainment. The deal could be...

6/18/2019

article Branson developer will build first Caesars hotel in U.S. without a casino
(Arizona) -- Developers of a Caesars Entertainment Corp. (Nasdaq: CZR) hotel being proposed in Scottsdale, Arizona, have filed updated plans with the city's...
article Icahn, Caesars Board Reportedly At Odds Over Sale Price
(Wall Street) -- Activist investor Carl Icahn and the Board of Caesars Entertainment Corp. might be at odds over the price at which the casino operator should be sold to...

6/17/2019

article Caesars Palace owner buys two Missouri casinos
(Missouri) -- VICI Properties Inc. and Century Casinos Inc. are acquiring two Missouri casinos and one in West Virginia for $385 million from Eldorado Resorts Inc. The...
press release Caesars Entertainment Recognized by Computerworld as "Top 100 Best Places to Work in IT"
(Las Vegas) -- IDG's Computerworld today announced Caesars Entertainment Corporation (NASDAQ: CZR), one of the world's most diversified casino-entertainment...

6/11/2019

article If Carl Icahn Sells Caesars, Who Would Own The WSOP?
(Las Vegas) -- Two weeks into 2019 World Series of Poker, the attention of the poker world is fixed firmly on the action at the tables. Rightly so, but players keeping...

6/8/2019

article Could Eldorado Resorts possibly acquire the larger Caesars Entertainment?
(Las Vegas) -- It isn’t often that David takes Goliath, but that’s a possible scenario on the Strip with Reno-based Eldorado Resorts Inc.’s prospect of...

6/7/2019

article Reports: Eldorado Resorts nearing deal to merge with Caesars Entertainment
(Las Vegas) -- Two media reports suggested Friday that Caesars Entertainment and Eldorado Resorts were close to creating the world’s largest casino company, but...

6/6/2019

article Caesars Entertainment moves closer to deal with El Dorado
(Las Vegas) -- Casino chain Caesars Entertainment is moving closer to a combination with rival El Dorado in a cash-and-stock deal that could kick-start a wave of...
article Icahn, Caesars reject too-low takeover offer from Eldorado Resorts
(Las Vegas) -- Carl Icahn is caught in a game of poker with a casino baron — and he may not be holding the cards he hoped. Caesars Entertainment, which Icahn...

6/4/2019

press release BLOG: Spice Up Your Trip - Adult Only Shows In Las Vegas
(Las Vegas) -- They don’t call us Sin City for nothing. Vegas is a place to party and let loose and one of the ways to do that is to see an adult show while you...

6/2/2019

article As Potential Suitors Circle, Caesars Stock Remains Hedge Fund Favorite
(Wall Street) -- With Caesars Entertainment being discussed as an acquisition target, hedge funds remain fans of the stock. A report from Jefferies, an investment bank...

5/29/2019

article Harrah’s New Orleans Wins 30-Year Extension, Casino to Invest $325M in Upgrades
(Louisiana) -- Harrah’s New Orleans, the state’s only land-based casino, has been granted a 30-year license extension by Louisiana lawmakers in exchange for...

5/25/2019

article Top Caesars Exec (And Vegas's 1st Female Mayor): Diversity, Inclusion Boost Bottom Line Results
(Las Vegas) -- Jan Jones Blackhurst is renowned today as the voice of diversity and inclusion at Caesars Entertainment, the international hospitality and gaming...

5/18/2019

article Caesars Entertainment bidder could be looking to clean house
(Las Vegas) -- Caesars Entertainment may soon be handing out mass pink slips, including some to its executive suite, The Post has learned. A looming sale of America...

5/16/2019

article Land-based casino rebranded as Caesars Southern Indiana
(Indiana) -- Caesars Entertainment's Horseshoe Southern Indiana land-based casino that's currently under construction is being rebranded as Caesars Southern...

5/15/2019

article Caesars Entertainment Corporation inks deal for ESPN-branded studio
(Las Vegas) -- A recently penned agreement between ESPN and Caesars Entertainment (NASDAQ: CZR) will provide fans around the world with sports betting news and...
article ESPN Partners With Caesars Entertainment For Las Vegas Strip Sports Betting TV Studio
(Las Vegas) -- ESPN has announced a new partnership with Caesars Entertainment to bring a new studio to the LINQ Hotel and Casino on the Las Vegas Strip by 2020. The...

5/14/2019

article Caesars Entertainment, ESPN tie-up for sports betting content
(Las Vegas) -- Las Vegas casino icon Caesars Entertainment Corp unveiled a tie-up with Walt Disney Co’s ESPN on Tuesday, the latest sign of the surge in investment...
article Caesars Jumps After Announcing Sports Betting Collaboration With ESPN
(Las Vegas) -- Shares of Caesars Entertainment were rising Monday after the casino company announced that it has formed a partnership with ESPN to produce sports betting...
article Caesars partners ESPN on sports betting content initiative
(Las Vegas) -- US casino giant Caesars Entertainment has joined forces with sports television network ESPN on an initiative to bring sports betting news and...
article Caesars, ESPN Jump Into Sports Betting Content Bed Together
(Las Vegas) -- Caesars and the Disney-owned ESPN on Tuesday announced a new partnership for sports gambling. The deal calls for a content arrangement, including building...
article ESPN and sports media are betting on gambling content
(Las Vegas) -- First it was Turner Sports, then Fox Sports and now it's ESPN's turn. Sports media is betting big on sports gambling. ESPN announced on Tuesday...
article ESPN Execs Talk Sports Betting, Growth of Streaming Service
(Las Vegas) -- The network announced a deal with Caesars Entertainment that includes a branded studio inside The LINQ Hotel & Casino.
article ESPN partners with Caesars to open odds-making studio in 2020 on Las Vegas Strip
(Las Vegas) -- Caesars Entertainment has struck a deal with ESPN to open an odds-making studio on the Strip. The ESPN-branded wager hub will open in 2020 at The LINQ...
article ESPN teams up with Caesars to develop shows for sports betting
(Las Vegas) -- ESPN is partnering with casino owner Caesars Entertainment Corp. to develop TV programming for sports-betting fans, the latest move by the broadcaster to...
article ESPN, Caesars Entertainment ink sports betting deal
(Las Vegas) -- ESPN viewers will soon start seeing a lot more of casino giant Caesars Entertainment. The companies announced Tuesday a partnership that designates...

5/5/2019

article Caesars says comp cuts will help offset wage increases
(Las Vegas) -- Caesars Entertainment Corp. said Wednesday it expects to offset $80 million in increased labor costs this year with recently announced corporate level...
article UNLV, Caesars Entertainment team up on Vegas teaching center
(Nevada) -- A Las Vegas casino company and the University of Nevada, Las Vegas, say they're partnering to create a teaching and practice space featuring a mock...

5/3/2019

article Treasure Island owner eyeing Caesars’ Las Vegas Strip properties
(Las Vegas) -- Eldorado Resorts, Boyd Gaming and other large casino operators are mum about their possible interest in buying Caesars Entertainment Corp. properties. But...

4/29/2019

article Caesars partners Las Vegas university for innovation project
(Las Vegas) -- US casino giant Caesars Entertainment has joined forces with the University of Nevada, Las Vegas (UNLV), on a new initiative focused on developing...

4/28/2019

article UNLV, Caesars launch new innovation hub in southwest Las Vegas
(Las Vegas) -- Las Vegas is getting a new space with a casino, hotel rooms, a sportsbook and an esports arena. But this isn’t another resort. UNLV announced a...

4/20/2019

article Caesars names Anthony Rodio as CEO
(Las Vegas) -- U.S. casino operator Caesars Entertainment Corp, which has been under pressure from activist investor Carl Icahn to sell itself, on Tuesday named Anthony...
article Caesars new CEO appears to be in for the long term
(Las Vegas) -- When I was growing up, my dad would buy a used car, fix it up with a few new parts and sell it for a profit. My family and I once figured out he owned...

4/17/2019

article Caesars’ Atlantic City properties offering a glimpse into the ‘suite’ life
(Atlantic City) -- Ever wonder what it’s like to spend a night or three in a ‘high-roller’ suite, but your level of play kept you from that experience...
article Caesars, operator of Harrah’s and Horseshoe, names new CEO amid reports of potential sale
(Las Vegas) -- Caesars Entertainment, operator of Harrah’s and Horseshoe casinos and the Mid-America Center in Council Bluffs, is appointing a gambling-industry...

4/16/2019

article Anthony Rodio appointed new Caesars CEO
(Las Vegas) -- Caesars Entertainment has appointed Affinity Gaming's Anthony Rodio as Mark Frissora's successor in the role of CEO. The current Affinity Gaming...
article Caesars Entertainment Appoints Tony Rodio as Chief Executive Officer
(Las Vegas) -- Caesars Entertainment Corporation today announced that its Board of Directors has named Anthony (“Tony”) Rodio as Chief Executive Officer.
article Caesars names Anthony Rodio as CEO
(Las Vegas) -- U.S. casino operator Caesars Entertainment Corp, which has been under pressure from activist investor Carl Icahn to sell itself, on Tuesday named Anthony...
article Caesars names gambling-industry veteran as new CEO
(Las Vegas) -- Caesars Entertainment is appointing a gambling-industry veteran as its new chief executive. The casino giant named Tony Rodio as CEO Tuesday. He'll...

4/15/2019

article WSOP Might Need A New Home With Planned Caesars Sale
(Las Vegas) -- Speculation about the potential sale of the Rio All-Suite Hotel and Casino in Las Vegas has emerged once again, with less than six weeks before the 2019...
article Tony Rodio expected to be named CEO of Caesars Entertainment
(Las Vegas) -- Gaming sources confirmed Sunday night that former Tropicana CEO Tony Rodio will be named CEO of Caesars Entertainment. An announcement is expected Monday...

4/14/2019

article Caesars Entertainment expected to name Anthony Rodio new CEO
(Las Vegas) -- Las Vegas-based Caesars Entertainment Corp. is expected to name a new chief executive, several financial publications reported late Sunday. Anthony Rodio...

4/13/2019

article Caesars Entertainment will be for sale as early as this week
(Las Vegas) -- Caesars Entertainment, which owns Harrah’s and Bally’s hotels and casinos, is getting ready to put itself up for sale as soon as this week,...
article Tilman Fertitta may make another bet on Caesars
(Texas) -- Houston billionaire Tilman Fertitta is back in the game to potentially merge his hospitality, casino and restaurant holdings with Las Vegas gaming giant...

4/12/2019

article Tilman Fertitta may make another bet on Caesars
(Las Vegas) -- Houston billionaire Tilman Fertitta is back in the game to potentially merge his hospitality, casino and restaurant holdings with Las Vegas gaming giant...

4/10/2019

article SEC filing: Caesars board member with ties to Apollo Management resigns
(Las Vegas) -- The internal shake-up within Caesars Entertainment continued this week with the resignation of a board member tied to one of the hedge funds supplanted by...

3/23/2019

article Eldorado And Caesars Are Courting, But Is It A Match Made In Heaven?
(New Jersey) -- Caesars Entertainment has been looking for a deal. The problem is it doesn’t want just any deal. That is why it is interesting to learn that...

3/21/2019

article Tilman Fertitta said to be considering second bid for Caesars
(Las Vegas) -- Tilman Fertitta, the Houston billionaire and owner of the Houston Rockets, is planning a second bid to control Caesars Entertainment, according to an...

3/20/2019

article Carl Icahn may partner up with Tilman Fertitta for Caesars bid
(Las Vegas) -- Billionaire Tilman Fertitta, the owner of the Houston Rockets and Golden Nugget Casino, is gearing up to make a second run at Caesars Entertainment...

3/18/2019

article Eldorado And Caesars: Will The Two Casinos Merge?
(Wall Street) -- A merger may be coming for casino operators Eldorado Resorts (ERI) and Caesars Entertainment (CZR). A firm offer has not been made yet, and there is no...

3/17/2019

article Exclusive: Eldorado Resorts, Caesars explore merger - sources
(Nevada) -- U.S. casino operators Eldorado Resorts Inc and Caesars Entertainment Corp are in the early stages of exploring a merger, people familiar with the matter said...
article Why Caesars Entertainment Wants to Be a Hotel Company
(Las Vegas) -- It may seem strange on the surface that Caesars Entertainment wants to be a hotel chain like Hilton Worldwide or Marriott International, but it may be the...

3/12/2019

article Icahn Increases Grip on Caesars to 17.75 Percent, Sale or Merger Now Likely
(Las Vegas) -- Billionaire activist investor Carl Icahn has increased his stake in Caesars Entertainment to 17.75 percent, according to a Monday SEC filing. The 83-year-...

3/11/2019

article Activist investor Icahn ups holding in Caesars Ent
(Las Vegas) -- Activist investor Carl Icahn has in the space of a week further increased his stake in United States-based casino operator Caesars Entertainment Corp....
article Billionaire Icahn increases stake in Caesars Entertainment
(Las Vegas) -- Activist investor Carl Icahn has upped his stake in casino giant Caesars Entertainment. The billionaire, who is seeking fundamental changes in the Las...

3/9/2019

article Caesars Entertainment explains MICE achievements at Japan study session
(Japan) -- US integrated resort operator Caesars Entertainment has touted its expertise in MICE at a special study session for local municipalities held this week at the...

3/7/2019

article Caesars Non Focus On Asian Markets To Affect Growth
(Las Vegas) -- Analysts from Sanford C. Bernstein Ltd say that gambling giant Caesars Entertainment Corp will not grow as fast as some of its competitors because it has...

3/2/2019

article Caesars Entertainment, Carl Icahn enter into agreement
(Las Vegas) -- Hedge fund activist Carl Icahn will control a quarter of the Caesars Entertainment Corp. board, increasing the chances the Las Vegas-based company will...

3/1/2019

article Icahn directors to take place of 3 on Caesars’ board
(Las Vegas) -- Caesars will replace three members to its board with directors chosen by billionaire Carl Icahn, who is seeking fundamental changes at the casino and...
article To appease Icahn, Caesars Entertainment adds 3 new directors
(Las Vegas) -- To appease activist investor Carl Icahn, who owns 10 percent of the company, Caesars Entertainment Corp. Friday announced it will replace three of its...
article Caesars stock increases after Icahn deal
(New York) -- Carl Icahn has appointed three people to the board of directors for Caesars Entertainment Corp., giving the billionaire hedge-fund manager a significant...

2/26/2019

article Breaking Down The Caesars-DraftKings Partnership: Something For Both Companies
(Las Vegas) -- There’s little mystery and less surprise about Monday’s announcement that Caesars Entertainment, one of this nation’s largest casino...
article Caesars gets DraftKings stake in sports betting tie-up
(Las Vegas) -- DraftKings is set to open up its online sports betting and casino gambling offering to more US states after agreeing a multi-year partnership with Caesars...
article Caesars Partnership Provides Roadmap For DraftKings Casino, Sportsbook Expansion
(Las Vegas) -- Alliances between traditional gambling companies and ambitious online gambling outfits continue to materialize amid the surge in state-regulated sports...
article New Caesars Partnership Will Help DraftKings Further State Expansion
(Las Vegas) -- DraftKings Sportsbook may be coming to a state near you soon. The gaming company reached terms in a massive access deal with Caesars Entertainment on Feb...
article Caesars Entertainment and Carl Icahn Working to Find Company’s Next CEO
(Las Vegas) -- Caesars Entertainment and billionaire corporate raider Carl Icahn are working together in finding CEO Mark Frissora’s successor. The next chief...
article How Aggressively Will Carl Icahn Push for a Caesars Entertainment Sale?
(Las Vegas) -- Carl Icahn recently disclosed a 10% stake in Caesars Entertainment (NASDAQ: CZR), and the activist investor has already demanded input on the company's...

2/25/2019

article Caesars Gets DraftKings Stake in Sports-Betting Partnership
(Wall Street) -- Caesars Entertainment Corp. and DraftKings Inc. are teaming up in a deal that will give the internet betting company an easier path toward online and...
article Rovell: DraftKings Makes Significant Move, Partners with Caesars
(Las Vegas) -- Hoping to simplify getting licensed as more states look to legalize sports betting, DraftKings announced a significant agreement on Monday with Caesars...
article Caesars, DraftKings partnering on sports betting deal
(Las Vegas) -- Caesars Entertainment Corp is buying a stake in DraftKings as casino operators seek to diversify their sports betting revenue in a competitive wagering...
article Caesars Entertainment, DraftKings announce multiyear partnership
(Massachusetts) -- DraftKings will have increased opportunities to offer its online sports betting and casino gambling product in several new states -- potentially...
article Caesars, DraftKings ink multi-state online betting deal
(Massachusetts) -- Caesars Entertainment and DraftKings have reached a deal to grant DraftKings access to Caesars’ markets in several states. The deal lets...
article Caesars in talks with Icahn about new CEO as part of settlement: Sources
(Las Vegas) -- U.S. casino operator Caesars Entertainment is in talks to offer Carl Icahn a role in selecting its new CEO as part of an agreement that would also give...
article Report: Icahn wants longtime gaming executive Tony Rodio to head Caesars
(Las Vegas) -- Former Tropicana Entertainment CEO Tony Rodio has emerged as a potential new CEO for Caesars Entertainment, according to a report late Sunday from Reuters...

2/24/2019

article Caesars in talks with Icahn about new CEO as part of settlement: sources
(Las Vegas) -- U.S. casino operator Caesars Entertainment Corp is in talks to offer Carl Icahn a role in selecting its new CEO as part of an agreement that would also...

2/23/2019

article Caesars' Largest Shareholder Calls for Sale of Casino Owner
(Las Vegas) -- Caesars Entertainment Corp.’s largest shareholder, Canyon Partners LLC, called for the sale of the company, joining a chorus of large investors...
article Caesars Entertainment Takes Another Crack at a Rewards Program
(Las Vegas) -- For more than two decades, Caesars Entertainment has been trying to convince investors that a loyalty program is a big value adder for the company. The...

2/22/2019

article Caesars Entertainment Surprises Investors With Q4 Profit, CEO Mark Frissora Tenure Extended
(Las Vegas) -- Caesars Entertainment surprised Wall Street this week by posting a Q4 2018 profit on higher than expected net revenues. Net revenues jumped 11 percent to...

2/21/2019

article Caesars offers few clues on state of talks with Carl Icahn
(Las Vegas) -- Caesars Entertainment Corp. gave few clues Thursday as to the status of its talks with billionaire Carl Icahn, who has taken a large stake in the casino...
article Caesars revenue rises, CEO will stay longer
(Las Vegas) -- Caesars Entertainment Corp., which is being pushed to consider a sale by activist investor Carl Icahn, reported that revenue rose in the latest quarter...
article Inveterate Gambler Carl Icahn Back On The Casino Floor
(Las Vegas) -- The game is up for Caesars Entertainment. Try as he might, Carl Icahn just can’t quit the slots. Just when it looked like he was about to get out of...

2/20/2019

article Caesars board will ‘carefully evaluate’ Icahn’s push for the company to be sold
(Las Vegas) -- Caesars Entertainment said Wednesday its board and management has “engaged in discussions” with corporate raider Carl Icahn and will “...
article Caesars investor Carl Icahn encouraging company be sold
(Las Vegas) -- Carl Icahn is betting big on Las Vegas yet again. The billionaire hedge fund activist confirmed he has built up a nearly 10 percent stake in Caesars...

2/19/2019

article Billionaire Icahn wants Caesars Entertainment to sell itself
(Las Vegas) -- Billionaire investor Carl Icahn on Tuesday disclosed he has taken a 10 percent stake in Caesars Entertainment and is pushing the casino giant to sell...
article US billionaire Tilman Fertitta to pursue Caesars stakes acquisition
(Las Vegas) -- Billionaire real estate mogul, Tilman Fertitta, based in Texas, is still pursuing the ambitious plan to merge his business empire with Caesars...

2/17/2019

article Icahn interest in Caesars may overshadow casino operator’s earnings announcement
(Las Vegas) -- Carl Icahn may have doubled the audience for Caesars Entertainment’s scheduled fourth quarter earnings call this Thursday. The company’s last...

2/16/2019

article Caesars bankruptcy main contributor of 2018 casinos’ net loss
(Las Vegas) -- The big headline that emerged from this month’s release of the state Gaming Control Board’s 2018 Gaming Abstract was that Nevada casinos lost...
article Houston Rockets owner Tilman Fertitta makes Caesars stock buy, per report
(Las Vegas) -- Tilman Fertitta, the billionaire Houstonian whose bid to merge with Caesars Entertainment Corp. was rejected last year, has purchased 4.5 million shares...

2/15/2019

article Billionaire Carl Icahn Pressuring Caesars Entertainment to Sell Company
(Las Vegas) -- Billionaire Carl Icahn is pushing Caesars Entertainment to consider selling its casino empire to a rival in an effort to improve management and increase...
article Icahn is betting that a Caesars sale is best for shareholders
(Wall Street) -- Billionaire activist investor Carl Icahn is urging Caesars Entertainment Corp. to sell itself. Caesars (NASDAQ: CZR), one of the world’s largest...

2/14/2019

article Caesars jumps on report Carl Icahn pushing casino operator to sell
(Wall Street) -- Caesars Entertainment shares rose 6 percent after hours following a Wall Street Journal report that shareholder Carl Icahn is pushing the casino...
article Carl Icahn goes all in, will push Caesars to sell itself
(Wall Street) -- Carl Icahn is placing his chips on a sale of Caesars Entertainment Corp. The billionaire shareholder activist owns roughly 10% of Caesars and plans to...

2/11/2019

article What Turner Deal With Caesars Tells Us About Sports Media Partnerships
(Las Vegas) -- As sports betting in America continues to expand, it seemed inevitable that casinos and media conglomerates would begin pairing off. On Thursday, one such...

2/10/2019

article Caesars to build Bleacher Report-branded studio inside sportsbook
(Las Vegas) -- Caesars Entertainment Corp. is teaming up with Turner Sports to develop gaming content as casino operators tussle for market share in the fast-growing...

2/8/2019

article Caesars, Turner Sports strike deal to develop gaming-themed sports content
(Las Vegas) -- Sports broadcaster Turner Sports and casino giant Caesars Entertainment will partner in creating gaming-themed content, including the development of a...

2/7/2019

article Caesars to build Bleacher Report-branded studio inside sportsbook
(Las Vegas) -- Caesars Entertainment Corp. is teaming up with Turner Sports to develop gaming content as casino operators tussle for market share in the fast-growing...
article Turner Sports inks deal with Caesars for Bleacher Report betting content
(Las Vegas) -- The broadcaster Turner Sports announced an agreement with casino operator Caesars Entertainment Corp on Thursday to develop sports-betting content and...
article Las Vegas Strip Casinos Report $1.7B Loss in Latest Fiscal Year, Caesars Bankruptcy Cited
(Las Vegas) -- Casinos on the Las Vegas Strip collectively lost $1.7 billion during the latest fiscal year, primarily a result of costs associated with Caesars...

2/6/2019

article Nevada casinos blame fiscal 2018’s $1.2b loss on Caesars
(Nevada) -- Nevada biggest casinos reported an overall net loss in their most recent fiscal year, and Caesars Entertainment’s bankruptcy restructuring got most of...
article First steel truss set for $375M Caesars conference center in Las Vegas
(Las Vegas) -- Construction crews set the first steel truss this week for the $375 million Caesars Forum conference center on the Las Vegas Strip. The project will...

2/4/2019

article Caesars' three Atlantic City casinos impacted the most by two new competitors
(Atlantic City) -- With two new casinos entering Atlantic City last year, all seven existing ones were impacted but none more so than the three operated by Caesars...

2/2/2019

article Caesars' three Atlantic City casinos hit hardest by new competition
(Atlantic City) -- The arrival of two new casinos in 2018 impacted all of the existing seven properties, but none more so than the three operated by Caesars...

1/31/2019

article Caesars Entertainment’s Total Rewards program getting a name change
(Las Vegas) -- Caesars Entertainment Corp.’s longtime rewards program is being renamed for the company’s namesake. The company’s Total Rewards program...
article Veni, Vidi, Vinci: Caesars Forum Hits Another Milestone
(Las Vegas) -- Rome wasn’t built in a day, but Caesars Forum in Las Vegas is making exciting progress. The casino-hospitality giant Caesars Entertainment announced...

1/30/2019

article Caesars Entertainment Announces First US Non-Gaming Hotel, in Scottsdale, Arizona
(Arizona) -- Casino giant Caesars Entertainment has announced a plan to open its first ever non-gaming hotel on US soil, in Scottsdale, Arizona. Caesars CEO Mark Fissora...

1/28/2019

article Caesars to open non-gaming hotel in Scottsdale, Arizona
(Arizona) -- Casino giant Caesars Entertainment, which has begun building non-gaming Caesars-branded hotels in Dubai and Mexico, is bringing the concept to the U.S. The...

1/26/2019

article Caesars properties hosting official Super Bowl parties
(Las Vegas) -- At most casino resorts next week, football fans will gather for “the big game.” It almost sounds like some kind of a safari. But for the first...

1/14/2019

article Caesars answers Tomakomai request for IR plan info
(Japan) -- An executive of United States-based casino group Caesars Entertainment Corp has told GGRAsia the firm has responded to a “formal request for information...

1/11/2019

article Carl Icahn builds stake in Caesars Entertainment: Sources
(Las Vegas) -- Billionaire activist investor Carl Icahn is building a stake in casino company Caesars Entertainment, sources familiar with the situation said. The size...

1/10/2019

article Details emerge of illegal bets previously accepted by Caesars Entertainment in New Jersey
(New Jersey) -- Details have been made public about illegal college football bets accepted by Caesars Entertainment in the state of New Jersey. Njgamblingsites.com has...

1/6/2019

article Caesars Entertainment Locks In NFL's First Casino Sponsorship
(New York) -- Caesars Entertainment Corporation has been selected as the first-ever casino sponsor of the NFL. Both parties agreed to a three-year deal worth...

12/27/2018

article Caesars new fan caves testing ground for ‘casino of the future’
(Las Vegas) -- Ryan Stasa and his three friends from Michigan gulped Coors Light and craft beer as they watched “Monday Night Football” this month on a 98-...
article Caesars strikes deal to delay CEO exit to end-April
(Las Vegas) -- U.S.-based casino operator Caesars Entertainment Corp says it has negotiated a delay to the departure date of its outgoing chief executive, Mark Frissora.

12/19/2018

article Caesars Entertainment CEO Search to Replace Mark Frissora Could Take Many Months
(Las Vegas) -- Caesars Entertainment CEO Mark Frissora plans to resign from the chief executive capacity in February, and one gaming industry analyst believes it could...

12/15/2018

article Caesars Entertainment adds Mattel executive to board of directors
(Las Vegas) -- A business executive with experience at Mattel Inc. and General Mills has become the second woman and 12th member of Caesars Entertainment Corp.’s...

12/9/2018

article Caesars positioned to jump into lucrative Japanese market, exec says
(Las Vegas) -- Caesars Entertainment is positioned to become one of the few U.S. gaming companies to gain access to the lucrative Japanese gaming market, a Caesars...

11/28/2018

article Caesars Entertainment to stop all gambling at Tunica Roadhouse Casino
(Mississippi) -- Caesars Entertainment announced it will end all gambling at Tunica Roadhouse Casino on January 31. Casino-goer Monica Greene said she's keeping her...
article Tunica casino closing; impacts about 400 workers; hotel unaffected; and more
(Mississippi) -- Caesars Entertainment is folding on one of its two Tunica casino properties. The company announced Nov. 27 that Tunica Roadhouse Casino will cease...

11/27/2018

article Caesars Entertainment ending gaming operations at Tunica Roadhouse Casino
(Mississippi) -- Another casino will shut down after the new year. Caesars Entertainment says it will end gaming operations at Tunica Roadhouse Casino. But the hotel...

11/12/2018

article SCHUETZ: Caesars Entertainment and the Notorious RBG
(Las Vegas) -- By appointing the first woman to their board Caesars Entertainment is joining progressive gaming companies who have finally woken up to the distaff sex....

11/9/2018

article Inside Gaming: Industry Buzzing Over Caesars-MGM Merger Talk
(Las Vegas) -- Speculation about the future of Caesars Entertainment Inc. has become something of a running theme here at "Inside Gaming" of late.

11/7/2018

article Legendary Las Vegas hotel brand Caesars Palace to open in Dubai on November 15 - minus the casino
(Dubai) -- Caesars Palace Bluewaters Dubai will welcome its first guests on November 15 while its sister property Caesars Resort Bluewaters Dubai will take bookings from...

11/6/2018

article Regulatory issues abound in potential MGM, Caesars deal
(Atlantic City) -- A merger between two of the casino gaming industry’s largest companies would face regulatory hurdles in Atlantic City and at the federal level,...

11/5/2018

article Caesars' Sports Betting Expansion Reaching Beyond The Casino
(Las Vegas) -- Caesars Entertainment recently reported third quarter earnings. When corporations report earnings, they also usually tout some things to look forward to....

11/2/2018

article It’s official: Caesars rejects Tilman Fertitta’s offer to merge with Golden Nugget
(Las Vegas) -- Las Vegas-based Caesars Entertainment Corp. (Nasdaq: CZR) has declined to merge with Houston billionaire Tilman Fertitta’s Golden Nugget company....

11/1/2018

article Caesars CEO Mark Frissora to step down next year
(Las Vegas) -- Caesars Entertainment Corp. CEO Mark Frissora, who guided the Las Vegas-based casino giant during a lengthy bankruptcy reorganization, said Thursday he...
press release Caesars Entertainment CEO Mark Frissora To Leave Company
(Las Vegas) -- Caesars Entertainment Corporation today announced that President and Chief Executive Officer Mark P. Frissora is leaving the Company, having led a...
article Frissora leaving as president, CEO of Caesars Entertainment
(Las Vegas) -- Mark Frissora is leaving Caesars Entertainment. The casino giant’s president and chief executive officer, who helped guide it through bankruptcy...
article Caesars signs partnership deal with under-construction Raiders stadium in Las Vegas
(Las Vegas) -- Caesars Entertainment Corp. has become the first casino company to sign a partnership deal with the under-construction $1.8 billion Las Vegas Stadium,...
article Las Vegas stadium to have Caesars-branded entrance
(Las Vegas) -- Caesars Entertainment Corp., the operator of Caesars Palace and eight other Las Vegas casino properties, has signed a 15-year agreement to be a founding...

10/31/2018

article Caesars to open non-gaming beachfront resorts in Dubai
(Dubai) -- Two non-gaming beachfront resorts in Dubai developed by Caesars Entertainment Corp. will open their doors in November and December. Dove Beach will open on...

10/26/2018

article Caesars Entertainment Acquisition Rumors Continue, MGM Resorts Mulling Takeover
(Las Vegas) -- The future of Caesars Entertainment is as unclear as ever, as another company is rumored to be interested in acquiring the large casino giant that...
article With Caesars bid, Tilman Fertitta seeks biggest stage yet
(Texas) -- At 61, Tilman Fertitta doesn’t have a lot to prove. He has cache of profitable businesses, a hit reality TV show on CNBC, an NBA basketball franchise...

10/25/2018

article Caesars taps Goldman Sachs for defense from activist investors
(New York) -- Caesars Entertainment, looking to fend off an attack from activist investors, has enlisted Goldman Sachs to give it advice, two sources close to the...

10/23/2018

article Caesars’ Horseshoe Casino Baltimore Lines Up With NFL’s Ravens In Advance Of Sports Betting Legislation
(Maryland) -- Maryland’s Horseshoe Casino in Baltimore announced Friday that it has forged a marketing partnership with the Baltimore Ravens of the National...

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