Caesars News

Building on its existing partnership, Caesars Sportsbook, and NYRA Bets are launching Caesars Racebook this spring. The announcement was made Thursday, March 10, 2022. NYRA Bets is the official online wagering platform of the New York Racing Association. Caesars Racebook will utilize the NYRA Bets platform. It will offer pari-mutuel wagering on races from more […]

Caesars Entertainment announced an expansion into daily fantasy sports, as the company purchased a minority share of SuperDraft, Inc. A Monday press release lauded the move as a “strategic investment” for Caesars, which owns an option to purchase 100% equity in the SuperDraft DFS platform in the future. Under the terms of the partnership, Caesars […]

While Penn National reported strong Q3 earnings, MGM Resorts International did not have the same luck on Thursday. MGM reported revenue of $1.13 billion for Q3 that ended September of 2020. This missed the Zacks Consensus Estimate by 7.61%. It has been a troublesome year for the massive gambling conglomerate. MGM shares have dropped 39.6% […]

Caesars Entertainment and William Hill agreed to a deal that would allow Caesars to absorb William Hill. The British sportsbook accepted Caesars’ bid on Wednesday over the private equity firm Apollo Management. Surprisingly, the expectation is that Caesars Entertainment will specifically hold on to William Hill’s US assets. The major caveat to that will be […]