Caesars (CZR) Acquires WynnBET's Michigan iGaming Operations [Yahoo! Finance]
Caesars Entertainment, Inc. (CZR)
Last caesars entertainment, inc. earnings: 2/25 04:30 pm
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investor.caesars.com/investor-relations
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Source: Yahoo! Finance
This strategic move aligns with Caesars' ongoing expansion efforts and enhances its presence in the rapidly growing iGaming sector. The acquisition also includes a long-term extension of iGaming market access rights with the Sault Ste. Marie Tribe of Chippewa Indians. This partnership ensures continued operations on the existing WynnBET platform with Caesars seamlessly assuming control. Customers can expect a smooth transition with no disruptions to their gaming experience, reflecting Caesars' commitment to maintaining high service standards. Financially, this acquisition is set to boost Caesars' iCasino net revenue growth in an EBITDA-accretive manner. The integration of WynnBET's operations into Caesars' portfolio is expected to deliver significant financial benefits, further solidifying its position in the competitive iGaming market. Looking ahead, Caesars plans to announce a new online casino brand and transition WynnBET's operations to its Michigan iGaming Platform in the l
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CZR
News
- Caesars Entertainment, Inc. to Report 2024 Second Quarter Results on July 30, 2024Business Wire
- 'It was always about the people,' say MS Coast casino Hall of Famers who led from start [Yahoo! Finance]Yahoo! Finance
- How Did Caesars Entertainment, Inc.'s (NASDAQ:CZR) 18% ROE Fare Against The Industry? [Yahoo! Finance]Yahoo! Finance
- NEW Group Itinerary Builder Developed by UrVenue + Club Med to Debut at HITEC [Yahoo! Finance]Yahoo! Finance
- Caesars Entertainment, Inc. Completes Previously Announced Acquisition of Michigan iGaming Operations from Wynn Resorts [Yahoo! Finance]Yahoo! Finance
CZR
Earnings
- 4/30/24 - Miss
CZR
Sec Filings
- 6/21/24 - Form S-8
- 6/14/24 - Form 8-K
- 5/31/24 - Form 4
- CZR's page on the SEC website