Caesars Digital
Caesars Entertainment Reports $2.6B in Revenue for Q4 2021
Caesars Entertainment has reported $2.6bn in revenue for the fourth quarter of 2021, up from $1.6bn for the prior-year period.
The company’s Las Vegas operations represented $1.04bn of the total, compared to $447m in Q4 2020. Regional operations were, however, the biggest earner, with revenue amounting to $1.36bn. This was up from $1.02bn in Q4 2020.
Caesars Digital reported revenue of $116m, compared to $37m in the prior-year period. And representing the other $72m was Managed and Branded, up from $66m in Q4 2020.
The group reported a net loss of $434m compared to $555m for the prior-year period. Adjusted EBITDA was $581m, compared to $348m.
For the full year ended 31 December 2021, revenue amounted to $9.6bn, compared to $3.6bn for the comparable prior-year period. The company posted a net loss of $1bn compared to a net loss of $1.8bn, while Adjusted EBITDA for the period was $3bn, compared to $1.1bn for the prior-year period.
Recent highlights included Caesars Entertainment exceeding its stated synergy target from its merger with Eldorado Resorts in July 2020, while Caesars Sportsbook is currently live in 22 states and jurisdictions, 16 of which offer mobile wagering.
“Our quarterly operating results reflect new fourth quarter records for Adjusted EBITDA and Adjusted EBITDA margin in both our Las Vegas and Regional segments,” Tom Reeg, CEO of Caesars Entertainment, said.
“Caesars Sportsbook continues to exceed our expectations for new customer registrations, deposits and market share, especially in recently launched jurisdictions.”
Caesars Digital
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.
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.”
4ThePlayer
4ThePlayer Teams Up with Caesars Digital to Launch Exclusive WILD Slot Game “Caesars Palace”
Player-centric game developer 4ThePlayer today announced the launch of a brand-new slot title with Caesars Digital entitled “Caesars Palace,” exclusively created for Caesars Palace Online Casino. This game transports players to the heart of the Las Vegas Strip’s most iconic casino, Caesars Palace, delivering an exciting gaming experience right from their mobile device or desktop.
“Caesars Palace” is now exclusively live on Caesars Palace Online Casino platforms in New Jersey, Ontario, Michigan and soon to be live in Pennsylvania. This collaboration between Caesars Digital and 4ThePlayer highlights the companies’ commitment to creating unique and immersive gaming experiences that resonate with players across North America.
The launch of this new bespoke slot title marks the first custom slot launch between Caesars Digital and 4ThePlayer. The game is expertly crafted to evoke the grandeur and thrill of its namesake, featuring a rich array of gameplay elements that mirror the luxury and excitement of Caesars Palace.
At the core of the game’s excitement are the Caesar WILDS, stacked high for towering payout potential. Players 21 and older can enjoy a dazzling adventure across 40 pay lines with an exciting Caesar Rush Free Spins Bonus, where a stacked Caesar WILD sweeps across the reels, creating enhanced winning potential on every spin. Free spins can also be retriggered, sending the stacked Caesar WILD back to the rightmost reel to start the thrilling rush all over again. The game also features a Buy Bonus feature for players who wish to fast-forward directly into the action.
Henry McLean, Co-Founder and Commercial and Marketing Director at 4ThePlayer expressed his enthusiasm about the new release, stating:
“We are excited to bring the essence of Las Vegas’s most iconic casino into the digital realm with ‘Caesars Palace.’ This game is not just about the glamor of its namesake but also about delivering exciting entertainment and big win potential. With innovative features like the Caesar Rush Bonus coupled with the classic appeal of stacked Wilds, players can experience the thrill of Vegas wherever they are.”
Vice President of Online Gaming at Caesars Digital Ricardo Cornejo Rivas added: “The launch of this new slot, ‘Caesars Palace,’ and the recent upgrade to Caesars Palace Online Casino leans directly into the promise we’ve made to players to bring them an elevated experience they can’t find anywhere else. We’re committed to continuously bringing custom games to our online casino platforms that excite our players and engage with their interests.”
Caesars Digital
EVERI DIGITAL AND CAESARS DIGITAL LAUNCH CAESARS-BRANDED SLOT “CAESARS EMPERORS GOLD”
Everi Digital, the online gaming business of Everi Holdings Inc., a premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions, and bingo, announced the launch of the custom-branded online game “Caesars Emperors Gold” on the newly-upgraded Caesars Palace Online Casino platform via a direct integration with Caesars Digital.
Now available to online players in Michigan, New Jersey, Pennsylvania, West Virginia, and Ontario, “Caesars Emperors Gold” is the second title Everi has developed specifically for Caesars Palace Online Casino and is a standard, five-reel video theme with mystery jackpots. The branded game also features iconic Caesars branding with Roman-esque statues for the reel array housing and the high paying symbols.
Everi has provided iGaming content to Caesars Digital for more than four years, and this launch is an extension of the companies’ ongoing collaboration. Everi Digital’s compelling game catalog now consists of more than 70 distinct titles with a footprint spanning North America and Europe. This portfolio of iGaming content is housed and delivered via Everi’s proprietary Spark Remote Game Server.
“This rewarding custom game launch with Caesars Digital deepens our strategy with a top-tier iGaming operator and brings Caesars online players in North America a new title with thrilling progressive jackpot opportunities,” said Jordan Brent, Everi Vice President, Digital Commercialization. “With the launch of the ‘Caesars Emperors Gold’ custom slot, it’s clear both Everi and Caesars are committed to providing unique experiences to engage online players.”
“Expanding our custom game catalog with Everi offers us another chance to captivate our online casino players with exclusive one-of-a-kind content and progressive jackpot opportunities that we know are in high demand with players,” said Ricardo Cornejo Rivas, Vice President of Online Gaming at Caesars Digital. “Everi’s games have already proven to be favorites at our various destinations and across our online casino platforms. The launch of ‘Caesars Emperors Gold’ should deliver a distinctive and enhanced online casino experience that will undoubtedly thrill our players.”
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