Posts Tagged ‘Caesars Entertainment’
R.I. Twin River Casinos Purchase Bally’s Brand Name For $20 Million
Twin River casino locations in the nation will now be renamed Bally’s as part of a deal with Caesars Entertainment. The deal cost Twin River an estimated $20 million when all was said and done to be able to use the Bally’s name as their own. LAS VEGAS – Twin River Worldwide Holdings (TRWH) has…
Read MoreCaesars Entertainment Acquires William Hill For $3.7 Billion
William Hill will be acquired by Caesars Entertainment for $3.7 billion. The popular sportsbook will become a subsidiary of Caesars Entertainment, Inc. Caesars believes sports betting is the fastest growing gambling market in the US. RENO, Nev. – Caesars Entertainment, Inc. has bid $3.7 billion in a massive acquisition to claim William Hill as a…
Read MoreCasinos In Atlantic City Suffer $112M Loss In 2nd Quarter
The nine casinos in Atlantic City had a combined loss of $112 million in the second quarter because of the three-month period they were closed because of COVID-19. Online gambling platforms fared better for New Jersey even allowing a few to profit during the mandatory closures of land-based establishments. ATLANTIC CITY, N.J. – Atlantic City…
Read MoreIndiana Approves Eldorado Acquisition of Caesars Entertainment
Indiana Gaming Commission has approved of the merger of Eldorado Resorts and Caesars Entertainment. The deal requires Eldorado to sell three of its Indiana casinos. They are now waiting for the New Jersey Casino Control Commission and the Indiana Horse Racing Commission to finalize the deal. INDIANAPOLIS – Plans for the acquiring of Caesars Entertainment…
Read MoreProfessional Online Poker Players Are Cashing In During COVID-19
Online poker rooms have seen an uptick in players participating since the start of the coronavirus pandemic. Only four states have legal online poker sites: New Jersey, Nevada, Delaware, and Pennsylvania. An online poker tournament had an $18 million dollar prize pool. LAS VEGAS — The coronavirus pandemic has caused drastic shifts in the way…
Read MoreCOVID-19 Pandemic Gives Crippling Blow To Gambling Stock Market
The gaming industry is taking a hit in the stock market as well as at their casino locations. Numbers continue to drop with the COVID-19 pandemic hitting the sports and gambling world hard. NEW YORK – The Coronavirus (COVID-19) pandemic continues to insert itself into the waking lives of everyone worldwide and the stock market…
Read MoreLas Vegas, Atlantic City Suspending Casinos Amidst COVID-19 Concerns
Las Vegas and Atlantic City casinos are closing due to the coronavirus. Casinos nationwide are facing closures, or are proving additional cautionary measures to their guests. LAS VEGAS — As COVID-19 continues to spread, casinos nationwide are beginning to shut down their operations. Casinos on both Las Vegas and Atlantic City are facing closures. Other…
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