Tag Archives: Caesars Entertainment

Caesars forms heavyweight Advisory Committee to lead Japan bid

US gambling operator Caesars Entertainment is increasing its focus on winning a Japan ‘integrated resorts’ licence, forming a strategic ‘Japan Advisory Committee’. Global gambling stakeholders are closely monitoring Japan movements, as the Shinzo Abe government drafts the new ‘Integrated Resorts’ bill, allowing for Japan’s first casinos to be operated in ‘selected large-scale’ leisure complexes, which will cater for hotels, gaming …

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OLG Toronto gambling tender to be ‘High Stakes’ for Caesars Entertainment

Canadian news sources have reported that the Ontario Lottery & Gaming Corporation (OLG) will select an external gambling firm to run its operations for casino and slot machine services within the Greater Toronto Area. Launching a tender, OLG seeks a gambling enterprise to run its Toronto area racetracks of Ajax Downs and Woodbine as well as its Great Blue Heron …

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Playtech secures Caesars EMEA casino systems management contract for UK properties

Industry platform and technology systems Playtech Plc has confirmed that it has secured a contract agreement with US casino operator Caesars Entertainment EMEA division to supply its casino management provisions across eight UK properties including the world-famous Empire Casino in central London. The casino management provisions will be delivered by Playtech subsidiary IGS, and will replace Caesars EMEA legacy systems with Playtech …

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Gamblit aims for the next level following $25 million investment

Glendale (California) based ‘real-money’ games developer Gamblit Gaming has confirmed that it has raised an additional $25 million (€23 million) in venture funding to help aid its next stage of growth and enterprise development. Led by CEO and founding member Eric Meyerhofer,  Gamblit aims to create gaming content that will bridge customer integration and engagement between digital verticals and traditional land-based …

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Caesars Entertainment promotes Christian Stuart to Gaming & Interactive lead

Updating the market, US gambling operator Caesars Entertainment Corp (CEC) has confirmed the promotion of Christian Stuart to the newly created role of Executive Vice President of Gaming and Interactive Entertainment The promotion sees Stuart a ten-year CEC veteran (2007-2017), join the firm’s executive management team. Stuart steps up to the new CEC leadership position having previously served as Chief …

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Caesars Entertainment appoints Ruben Sigala as CMO

Copyright: klotz / 123RF Stock Photo

Caesars Entertainment, an American casino operator based in Nevada, has appointed Ruben Sigala as its Chief Marketing Officer (CMO) following a successful interim period. Sigala, who has been with the company since September 2005, has served as CMO since May 2016. He has been appointed with immediate effect subject to regulatory approval. In 2005, he was hired as vice-president of …

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Caesars appeases creditors with new COEC restructuring plan

Updating the market on Tuesday, Caesars Entertainment Corp (CEC) governance declared that it had reached a $5 billion settlement with the majority of creditors owed by its bankrupt operating unit Caesars Entertainment Operating Co (COEC). Following nearly two years of litigation disputes, the COEC $18 billion bankruptcy restructure clears its biggest hurdle with private equity backers Apollo Global Management and TPG …

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Gamblit launches eSports platform at G2E Las Vegas

California-based real-money games specialist Gamblit Gaming (Gamblit) seeks to enter the burgeoning eSports market by unveiling its dedicated platform ‘G-Sports’ at G2E Las Vegas, global gambling’s biggest trade show. Announcing its initial launch, the G-Sports platform will look to convert eSports content into popular slot-based games for its land-based partners. The platform sees Gamblit continue its corporate focus of making …

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Caesars seeks millennial dynamic with Gamblit Gaming roll out

In a bid to attract a younger audience to its casino floors, Caesars Entertainment Corporation (CEC) has partnered with ‘real-money games’ specialist Gamblit Gaming bringing skill-based gambling content to its properties. Beginning in October, CEC will roll-out Gamblit syndicated content throughout its California and Nevada properties, as the casino operator looks to diversify its slots and games inventory making it …

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Caesars Entertainment secures new restructuring terms with majority debt holders

Updating the market Caesars Entertainment Corporation (CEC) has announced that it has agreed on terms with creditors to amend restructuring agreements for  its bankrupt operating division ‘Caesars Entertainment Operating Co’ (COEC). Issuing a filing with the Securities and Exchange Commission, CEC governance declared that it had reached an agreement with first lien creditors representing approximately two-thirds of aggregated COEC debt. …

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