In a bold financial maneuver, Caesars Entertainment has announced a monumental $1.1 billion senior notes offering, while also unveiling a massive $500 million share buyback program. The gaming and hospitality giant, known for its iconic casinos and resorts, is strategically leveraging these moves to tackle its debt obligations, prop up its stock, and reinforce investor […]
888 Holdings Plc, a Gibraltar-based gambling company, has agreed to acquire the non-US business of William Hill, operating as William Hill International (WHI), for £2.2 billion, from Caesars Entertainment. According to 888 Holdings, the acquisition will create a global major in online betting and gaming by combining a couple of highly complementary businesses and leading […]
888 Holdings Plc has confirmed media reports that it is in advanced talks with US casino operator Caesars Entertainment about the potential acquisition of the non-US business of William Hill. The Gibraltar-based gambling company said that there can be no assurance that the advanced discussions will translate into a transaction. 888 Holdings Plc stated: “A […]
US-based casino-entertainment company Caesars Entertainment has wrapped up the previously announced $250 million sale of its Caesars Southern Indiana operations to the Eastern Band of Cherokee Indians (EBCI). The deal was announced in December 2020. Following the closing of the deal, the Eastern Band of Cherokee Indians has entered into a triple-net lease agreement with […]
US gaming company Bally’s Corporation (formerly Twin River Worldwide Holdings) has wrapped up the previously announced acquisition of MontBleu Resort Casino & Spa in Nevada from Caesars Entertainment. The deal was announced by Twin River Worldwide and Eldorado Resorts in April 2020. Eldorado Resorts merged with Caesars Entertainment in July 2020 and assumed the latter’s […]
Caesars Entertainment has agreed to acquire British betting and gambling company William Hill in an all-cash deal worth around £2.9 billion. The acquisition is set to help Caesars Entertainment become one of the largest gaming-entertainment companies in the US. It would also make it one of the most diversified gaming entertainment provisions in the world, […]
Caesars Entertainment said that it will reopen its Bally’s Atlantic City, Caesars Atlantic City, and Harrah’s Resort Atlantic City casinos in Atlantic City in New Jersey on 3 July. The gaming hotel and casino corporation said that its Atlantic City assets will reopen to the public in compliance with the directives from New Jersey Governor Phil Murphy. […]
KONE, an elevator and escalator manufacturer, has bagged an order to deliver 16 KONE elevators for Harrah’s Cherokee Casino Resort in Cherokee, North Carolina. The elevators will be for the new conference center and hotel tower, which are being built at the Harrah’s Cherokee Casino Resort, owned by the Eastern Band of Cherokee Indians and […]
Gaming hardware manufacturing company Razer will open RazerStore Las Vegas (LV) next month at The LINQ Promenade, marking its retail expansion into Las Vegas. RazerStore Las Vegas opening date will be 7 September 2019. RazerStore Las Vegas is considered to be the world’s biggest RazerStore to date and its second in the country after San […]
US gaming company Caesars Entertainment has broken ground on the $168 million Harrah’s Northern California Casino near Sacramento, California. In this connection, Caesars Entertainment has signed an agreement with the Buena Vista Gaming Authority, which will develop, own and operate the 71,000 square-foot new casino in Amador County, on the Buena Vista Tribe reservation land. […]