by Michael Molter | Aug 8, 2019 3:05 pm | Sports Betting
The companies will keep the Caesars name, after finalizing the terms of the merger in 2020. With a strong sports betting market share, Caesars will be able to capitalize on the online market. A spinoff online betting company is possible, creating an extra revenue...
by Hasan Nabulsi | Aug 7, 2019 11:58 am | Sports Betting
Net Income for Caesars increased by 4.9% while income from operations decreased 4.6% in Q2. Caesars Entertainment announced on June 24, 2019, that the company will merge with Eldorado Resorts. Caesars also plans to open sportsbooks in Iowa, Illinois, and Indiana. LAS...
by Hasan Nabulsi | Aug 2, 2019 2:43 pm | Sports Betting
Sports Betting in Illinois was legalized on June 28, 2019, when IL Governor J.B. Pritzker signed a gambling expansion bill into law. “The Daily Line” will air Monday through Friday from 2 to 6 p.m. and will cover topics associated with sports betting and fantasy...
by Hasan Nabulsi | Aug 1, 2019 11:56 am | Sports Betting
Turning Stone and Point Place will become the first tribal casinos ever to operate sports betting in New York. In total, three casino properties owned by the Oneida Nation are parented with Caesars Entertainment to provide their sportsbook. Sports betting in New York...
by Hasan Nabulsi | Jul 26, 2019 11:59 am | Sports Betting
DraftKings operates both a retail and online sportsbook in New Jersey as well as a retail sportsbook in Mississippi. This marks the second sports betting partnership for the MLB, as the league signed a deal with MGM resorts last November. DraftKings will now have...