Gambling in the USA
Caesars CFO Confirms Job Cuts After Eldorado Merger
Bret Yunker, Chief Financial Officer of the newly combined Caesars Entertainment, has confirmed that the company plans to lay off staff after its merger with Eldorado Resorts.
Eldorado Resorts got the green light for its acquisition of Caesar this week. The combined company is operating under the Caesar name.
Bret Yunker said the layoffs would be made âas compassionately and transparently as possible.â He did not reveal how many jobs would go or where cuts would take place.
âWe remain focused on creating substantial synergies as we bring together these two companies. That will, unfortunately, result in some job reductions. Reducing the size of a workforce is always challenging to go through. We commit to do that as compassionately and transparently as possible,â Yunker said.
The combined company owns and operates more than 55 casinos in 16 states in the US, including eight resorts on the Las Vegas Strip. Before the onset of the pandemic, Caesars had about 30,000 employees in Las Vegas and about 65,000 worldwide. Reno-based Eldorado had close to 18,000 workers.
Yunker said that despite the impact of the Covid-19 pandemic on the gaming industry, Eldorado never thought about stepping back from the merger.
He said he was confident that the âstrength of the combined portfolioâ would help the combined company see through the challenges posed by the pandemic.
Gambling in the USA
Games Global Launches Custom Slot Game Caesars Palace Frenzy with Caesars Digital
Launch marks the first bespoke game launch in the partnership between gaming operator and premier gaming provider
Games Global today announced the exclusive launch of Caesars Palace Frenzy, a Caesars-branded slot title that marks the first bespoke game launch on behalf of Games Globalâs partnership with premier gaming operator Caesars Digital. Caesars Palace Frenzy is now exclusively live on Caesars Palace Online Casino in New Jersey with plans to expand to Michigan and Pennsylvania, offering players another highly engaging, operator-specific gaming experience with iconic Caesars Palace branding.
Caesars Palace Frenzy combines the excitement of the Las Vegas Stripâs iconic casino with innovative gaming dynamics crafted by Games Global. Designed exclusively for Caesars Digital online casino players, this game delivers an online slot experience with engaging gameplay, sophisticated graphics and dynamic features like scatter pays, multiplied free spins selected by a concentric wheel and a seven-tier jackpot line-up.
This launch demonstrates Games Globalâs continued emphasis on partnering with top iGaming operators to deliver exclusive and custom gaming products to players.
âWorking closely with Caesars Digital to create Caesars Palace Frenzy has been an exciting journey,â the Chief Executive Officer for Games Global, Walter Bugno, said. âThis game is more than just an online slot experience, it is an adventure that mirrors the thrill and grandeur of one of the worldâs most iconic destinations. Weâre thrilled to see it come to life and deliver a unique blend of entertainment and gaming.â
âWe’re committed to collaborating with top gaming providers to launch custom online casino experiences for our players that canât be found anywhere else,â the Senior Vice-President and Chief iGaming Officer for Caesars Digital, Matt Sunderland, said. âCaesars Palace Frenzy delivers on that commitment by providing an elevated gaming experience that weâre certain our players will enjoy.â
Gambling in the USA
Alabama-Coushatta Tribe of Texas Announces Plans to Build New Casino Resort
The Alabama-Coushatta Tribe of Texas has announced the plans to build a brand-new casino resort on its Tribal lands in Polk County.
âWe are incredibly excited to embark on this new chapter. This new casino resort will not only provide significant economic benefits for those living and working in the region, but it will also become a vibrant destination for visitors,â Ricky Sylestine, Chairman of the Tribal Council, said.
While specific details are still being finalized, the new resort may offer a variety of amenities including a state-of-the-art casino floor, hotel accommodations, and diverse dining and entertainment options.
The Tribe has engaged the architectural firm FFKR to design the new resort. FFKR is known for its innovative and creative designs. The Tribe is confident the firm will create a truly exceptional destination.
In addition to the new casino resort, the Tribe is planning an extensive remodel to its existing Ischoopa/One Stop Convenience Store and Truck Stop. The remodel will include adding electronic bingo machines.
The Alabama-Coushatta Tribe of Texas will be releasing news related to the new resort and any additional developments in the coming months.
Gambling in the USA
BetConstruct to Display Its Products and Services at Sigma Americas
BetConstruct, a leading company in iGaming technology and services, is heading to Sigma Americas in Sao Paulo, Brazil from April 23-25, 2024.
Sigma Americas is a major event focusing on iGaming with 10,000 delegations and more than 200 professional speakers. This event serves as an exceptional platform for participants to present their innovative offerings, engage with fellow industry leaders, and establish new business relationships.
BetConstruct is poised to introduce its cutting-edge products and solutions to the growing Brazilian market at the upcoming event. As a premier provider of online iGaming solutions, the company will showcase its comprehensive range of services to all attendees, offering diverse solutions tailored to meet their specific needs and preferences.
Moreover, BetConstruct will demonstrate its newest Spettacolare offer by Mr. First, which is a fleeting opportunity to maximise user profits and explore the potential of FTN.
Attendees of the event can find BetConstruct in the Transamerica Expo Center at Stand O60, where they will have the opportunity to gain a comprehensive understanding of BetConstruct’s products and solutions.
-
Latest News1 day ago
Xpoint Launches Groundbreaking New Capability to Reduce Geolocation Costs for Operators
-
Industry News6 days ago
Jennifer Shatley Joins ROGA as Executive Director
-
Canada6 days ago
GiG increases Ontario market presence, powering the launch of Casino Time
-
Latest News5 days ago
Odditt Appoints Elaine Milardo as its New Chief Technology Officer
-
Gambling in the USA6 days ago
Playân GO announces expansion of BetMGM partnership with Pennsylvania launch
-
Latin America6 days ago
Betby Forges Strategic Partnership With Latam Powerhouse Cactus Gaming
-
Latest News6 days ago
AEG and Yaamavaâ Resort & Casino at San Manuel Announce 16th Year in Partnership, Shaping the Future of Sports and Live Entertainment Across Southern California
-
Latest News5 days ago
Broadcast Legend Mike Francesa Renews Exclusive Partnership with BetRivers