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The Caesars Palace Online Casino app will likely be a point of discussion on the earnings call when Caesars reports on Tuesday after the closing bell. Like sports gambling, iGaming is seen as a ...
Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada, that operates more than 50 properties. [3] Eldorado Resorts acquired Caesars Entertainment Corporation and changed its own name to Caesars Entertainment on July 20, 2020.
Its product offering includes sports betting, online casino, online poker, and online bingo. Business operations are led from its headquarters in London, with a satellite office in Malta. The company was previously listed on the London Stock Exchange until it was acquired by Caesars Entertainment in April 2021.
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Caesars was acquired in 2020 by Eldorado Resorts, which then changed its own name to Caesars Entertainment. By this time, the former London Clubs were known as Caesars Entertainment EMEA. In July 2021, Caesars sold its EMEA division to the newly formed Metropolitan Gaming, an affiliate of Silver Point Capital, for a reported £15 million. [17] [18]
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