Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Caesars Entertainment

New York State Gaming Commission Recommends Caesars Sportsbook for Mobile Sports Betting License

Published

on

 

Caesars Entertainment could soon bring its online and mobile sports betting platform, Caesars Sportsbook, to New York. The New York State Gaming Commission recommended Caesars for a Mobile Sports Wagering License, giving the Caesars Empire a path to bring mobile sports betting and Caesars Rewards to the Empire State.

“We’ve been looking forward to the opportunity to bring mobile sports betting to New York. With more than 19 million people, New York will be the biggest mobile sports betting market in the country, and we feel we are uniquely positioned to bring an incredible product to that market. We’re pleased to have been recommended for a license by the New York State Gaming Commission, and we thank Governor Kathy Hochul, the State Legislature, and the NYSGC for their continued leadership in making mobile sports wagering available to the Empire State,” Tom Reeg, CEO of Caesars Entertainment, said.

Caesars Entertainment has already established itself as a premier gaming operator in the tri-state area through its retail casino and sportsbook footprint, including the Company’s state-of-the-art retail sportsbooks at the Oneida Nation’s three casino properties.

When mobile sports betting becomes available in the Empire State, fans will be able to download the easy-to-navigate Caesars Sportsbook app to make a bet anywhere in the state. Through mobile betting, fans can earn credits and tier status to unlock incredible experiences through Caesars’ industry-leading loyalty program Caesars Rewards.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Additionally, through its unparalleled partnerships with the National Football League, ESPN, CBS Sports, and more, Caesars Sportsbook looks forward to delivering an elevated experience for sports fans in New York.

Continue Reading
Advertisement

Brownstein Hyatt Farber and Schreck LLP

Caesars Entertainment Closes Sale of the LINQ Promenade

Published

on

caesars-entertainment-closes-sale-of-the-linq-promenade

 

Caesars Entertainment announced the closing of the previously announced sale of the LINQ Promenade to a joint venture formed between TPG Real Estate (TPG) and the Investment Management Platform of Acadia Realty Trust (Acadia) for $275 million. Concurrent with the closing of the transaction, Caesars made a $275 million voluntary prepayment of the Term Loan B due 2030 with the proceeds from the transaction.

Latham & Watkins LLP and Brownstein Hyatt Farber and Schreck LLP represented Caesars on the transaction. Kirkland & Ellis LLP provided transaction counsel to TPG & Acadia.

Continue Reading

Caesars Entertainment

Caesars Entertainment Enters into Definitive Agreement to Sell the LINQ Promenade

Published

on

caesars-entertainment-enters-into-definitive-agreement-to-sell-the-linq-promenade

 

Caesars Entertainment has announced that it has entered into an agreement to sell the LINQ Promenade to a joint venture to be formed between TPG Real Estate (TPG) and the Investment Management Platform of Acadia Realty Trust (Acadia) for $275 million. The sale is subject to customary approvals and other closing conditions and is expected to close during the fourth quarter 2024.

“The sale of the LINQ Promenade represents an accretive, non-core asset sale that will accelerate our debt reduction goals. I want to thank all the team members and the tenants of the LINQ Promenade for their partnership over the last 10 years and wish them continued success,” said Tom Reeg, CEO of Caesars Entertainment.

Latham & Watkins LLP and Brownstein Hyatt Farber and Schreck, LLP represented Caesars on the transaction. Kirkland & Ellis LLP provided transaction counsel to TPG & Acadia.

Continue Reading

Caesars Digital

Gaming Realms Launches Exclusive Blackjack Game on Caesars Entertainment’s iGaming Platforms

Published

on

gaming-realms-launches-exclusive-blackjack-game-on-caesars-entertainment’s-igaming-platforms

 

Gaming Realms, a leading provider of mobile-focused gaming content, has expanded its partnership with Caesars Entertainment with the launch of a new exclusive title, Caesars Blackjack X-Change.

Now live on Caesars Palace Online Casino and Caesars Sportsbook & Casino in New Jersey, Michigan, and Ontario. Caesars Blackjack X-Change is a reimagining of Gaming Realms’ popular Blackjack X-Change title, featuring a revamped aesthetic anchored by the Caesars brand and the excitement of the Las Vegas strip’s most iconic casino.

The game combines the thrill of traditional blackjack with an innovative X-change feature, allowing players to swap their cards between hands, adding a layer of depth and decision-making to classic blackjack gameplay. This title marks Gaming Realms’ second custom launch on Caesars’ digital platforms following the successful launch of Caesars Palace Slingo last year.

This latest collaboration emphasises Gaming Realms’ ability to provide localised content and branded games that align with operator and player needs. It follows other exclusive games made for leading operators worldwide such as MrQ, Superbet and Sky Betting & Gaming.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Gareth Scott, Chief Commercial Officer at Gaming Realms, said: “Our partnership with Caesars continues to be a resounding success, with players demonstrating a natural affinity for the strategic depth and variety offered by our portfolio. Building on the success of last year’s exclusive game, Caesars Blackjack X-Change is a natural progression in our ongoing collaboration and underscores the popularity of our titles with the operator.”

Matt Sunderland, Senior Vice President and Chief iGaming Officer at Caesars Digital, said: “The launch of Caesars Blackjack X-Change on our platforms is another example of the exciting custom game content we aim to bring to our players on a regular basis. Our partnership with Gaming Realms has continued to deliver innovative concepts and new titles for our players. This exclusive title is a fun spin on the classic live casino game beloved by many players that offers a fresh and engaging experience.”

Continue Reading

Trending