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Caesars Interactive Entertainment News
888 Poker and WSOP announce sponsorship and content pact
25 Mar 2015
888 Poker, a leading online poker provider, and platform to Caesars Interactive Entertainment, Inc. (CIE) online sites in Nevada, New Jersey and the United Kingdom, has signed a broad sponsorship and content pact with the World Series of Poker (WSOP) to become a leading sponsor of the 2015 WSOP in Las Vegas and the 2015 WSOP Europe.
Deadline closes in for GiGse LaunchPad entries
9 Mar 2015
Clarion Events has reminded those interested in competing for the prestigious award that the cut-off point for applications via the www.gigse.com website is March 15.
Gaming Insider: The future of gaming is already here
10 Feb 2015
Tables that resemble giant smart phones inside The Mirage and MGM Grand Las Vegas are the future of gaming.
Inside Gaming: The shape of things to come for Caesars
31 Dec 2014
It’s abundantly clear Caesars Growth Partners is key to the planned bankruptcy restructuring of overly leveraged affiliate Caesars Entertainment Operating Co.
Caesars Entertainment Corp., affiliate to merge; shares rise
23 Dec 2014
Caesars Entertainment will be in a better position to manage its crushing debt as a result of the merger announced on Monday after it negotiated terms with Caesars Acquisition on Friday.
Caesars security discovered World Cup betting room before feds brought in, witness says
17 Dec 2014
A top casino security officer testified Tuesday how his internal investigation led to an FBI raid on an alleged World Cup betting scheme operating out of luxury Caesars Palace villas.
Analysts favor Caesars move to put key unit into REIT
24 Nov 2014
Fitch Ratings Service said in a report, however, the spinoff won’t prevent Caesars from having to go through bankruptcy reorganization to restructure its $22.8 billion debt.
Caesars Interactive Entertainment taps new general manager
19 Nov 2014
Leon Thomas will work out of the company’s headquarters and report to Caesars Interactive CEO Mitch Garber.
Caesars to trim nationwide workforce by less than 1 percent
14 Nov 2014
The company, which operates nearly 40 casinos in 14 U.S. states and the Canadian province of Ontario, is attempting to restructure its gaming industry-high $22.8 billion debt.
Caesars weighs layoffs, but Strip might be spared
13 Nov 2014
Caesars is seeking to reduce its gaming industry-high $22.8 billion in long-term debt. The company has held private talks with its banks and lenders since September.
Creditor walks away from restructuring talks with Caesars
30 Oct 2014
In a filing with the SEC on Wednesday, Caesars said the creditor declined to extend a nondisclosure agreement to gain access to private information about the company’s operating units.
Caesars will talk with bank creditors to address debt
20 Oct 2014
The announcement was viewed positively by stockholders, who are hopeful a settlement at the negotiating table between Caesars and its creditors would keep the company out of bankruptcy court.
Control Board backs Warner Gaming takeover of Horizon Lake Tahoe
9 Oct 2014
The renovation of the Horizon will cost $60 million. Warner expects the property to reopen in January.
Caesars installs separate management in operating entity
31 Jul 2014
The effort is part of an overall restructuring plan announced in May that eliminated more than $1 billion in debt that was due next year while providing a different ownership structure to pieces of the company.
WSOP helps Nevada crack $1 million revenue mark for online poker
30 Jul 2014
Caesars Interactive Entertainment — which owns both the World Series of Poker and WSOP.com — said website traffic increased upward of 40 percent in June.
Slot route owner says wife sold medical pot business
25 Jul 2014
The sale eliminated any conflict with a regulatory request that gaming license holders stay away from the business.
State gaming regulators recommend plan to link online poker websites
14 Jul 2014
Regulators said the technology, which is operated by Gibraltar-based 888 Holdings, could be the model for the planned system that would run the shared online gaming network between Nevada and Delaware.
Sands executive in hostile territory at iGaming conference
20 Mar 2014
Andy Abboud, vice president of Government Relations at Las Vegas Sands Corp., spoke during a debate on the legalization of Internet gaming during the fourth annual iGaming North America event yesterday.
Moves by Caesars fail to ease debt worries on the Street
10 Mar 2014
Caesars Entertainment Corp. announced last week it was selling four casinos to its Caesars Growth Partners subsidiary for $2.2 billion.
Inside Gaming: Lots of raving, but little revenue
24 Feb 2014
Legal online wagering has not been the financial windfall many analysts predicted.
Caesars interactive subsidiary buys fourth social gaming business
17 Feb 2014
Caesars did not disclose financial terms to acquire Pacific Interactive, which owns the slot machine-style, free-play application House of Fun.
KGM Gaming enters multi-year content agreement with Caesars Interactive Entertainment for online gaming in New Jersey
2 Dec 2013
KGM Gaming along with Spin Games, to provide Caesars Interactive Entertainment its remote gaming server and games.
Caesars exec cited by Mass. regulators says he has nothing to hide
8 Nov 2013
Mitch Garber was more surprised than anyone that his background was one of four concerns cited by the Massachusetts Gaming Commission when it said last month that Caesars Entertainment Corp. would not be suitable to operate a casino in the state.
Gaming regulators suggest OK for Cavs owner, also question ex-UNLV standout's showing
7 Nov 2013
State gaming regulators on Wednesday peppered Rock Gaming founder Dan Gilbert, who also owns the NBA’s Cleveland Cavaliers, with questions about former UNLV standout Anthony Bennett, in addition to his ownership acquisition of Caesars Interactive Entertainment.
Bottom line in Web poker: Nevada needs compacts with other states
23 Sep 2013
Nevada’s relatively small customer base isn’t changing. Competition, however, will increase.
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