Caesars Archives

As Ontario goes live with sports betting, market dynamics and regulation will dominate

By Jake Pollard April 4, 2022News

Ontario’s regulation of online sports betting and casino is another major milestone for the North American industry and it will be interesting to see how the market dynamics will apply…

New York moves show sector in flux

By Scott Longley February 2, 2022News

The launch of PointsBet’s New York offering this week, hot on the heels of BetMGM, means we now have six of the nine possible operators live in the Empire State…

Penn National Gaming analyst reaction

By Jake Pollard November 5, 2021Analyst Notes, News

Portnoy complaint: Initial reaction to Penn National Gaming's missed Q3 forecasts yesterday afternoon was quickly overtaken by a Business Insider article about Barstool Sports founder Dave Portnoy’s alleged treatment of…

Caesars readies for full digital assault

By Scott Longley November 3, 2021Events, News

Caesars Entertainment Q3 The top line Net revenues of $2.7bn vs. $1.4bn Q321, net loss of $233m vs. -$926m YoY. Caesars Digital net revenues of $96m ($221m YTD), EBITDA loss…

Catena buy i15 Media

By Jake Pollard September 10, 2021News

On tick: Catena Media has moved once more to bolster its US presence via the acquisition of the online betting and casino sites of i15 Media for $45m, with $12.5m…