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Harrah’s Resort Atlantic City To Open Five New Dining, Nightlife, & Spa Concepts This Spring

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Harrah's Resort Atlantic City

 

Building on its legacy of four decades of success in the Atlantic City market, the Marina District’s first casino-hotel, Harrah’s Resort Atlantic City, announced today it will debut five new offerings this spring that introduce a brand-new spa and four new dining, nightlife and entertainment concepts for guests to enjoy.

Following the excitement of Caesars Entertainment’s recently-announced commitment of $400 million in capital investment and improvements into its Atlantic City resorts over the next three years, which includes upgrades to guestrooms and suites in Harrah’s Atrium Tower, Harrah’s Resort will additionally unveil five new offerings that will further complement the new guestroom renovations. These enhancements to the overall resort include:

The Spa at Harrah’s Resort – a first-class spa experience conveniently situated adjacent to The Pool, Fitness Center, and The Waterfront Conference Center
The Lobby Bar – an expanded and upgraded bar experience that will serve as the ultimate pre and post destination for an evening out at the resort with top-shelf selections, craft cocktails, and over 70 variations of whiskey and spirits
The Baywalk at Harrah’s – an outdoor, bayside container bar with dining and live music
Rum Point Crab House – a fresh crab and seafood restaurant with scenic sunsets and water views
A new dining and nightlife experience at the resort’s famous Pool at Harrah’s.

“Harrah’s Resort was the very first casino to open in the Marina District more than 40 years ago. It helped transform the area into a sophisticated resort destination within the market,” said Gregg Klein, Senior Vice President and General Manager for Harrah’s Resort Atlantic City. “Four decades later, we are continuing to evolve and introduce brand-new amenities and first-to-market experiences here in Atlantic City. Building on our recently-announced room enhancements to our Atrium hotel tower, these five new concepts will further position our resort as the ultimate summer destination with something for everyone under one roof.”

All five new offerings will open in time for Memorial Day weekend, with the first phase of the Atrium Tower project completed by Summer 2021.

The All-New Atrium Hotel Tower at Harrah’s Resort
The all-new Atrium Tower at Harrah’s Resort is part of Caesars Entertainment’s commitment to $170 million in hotel renovations in the Atlantic City market. The tower offers spectacular views and fresh design elements in rooms ranging from 450 to 700 square feet per room.

Designed by Interior Image Group, the remodeled guestroom and suites were inspired by the casino’s upscale, yet accessible brand of hospitality with rich elements that are fun, lively and vibrant playing off the resort’s sophisticated Marina District locale. Renderings of the Atrium Tower guestrooms and suites are available HERE.

The Spa at Harrah’s Resort
Debuting May 2021

Opening this May, The Spa at Harrah’s Resort will be a new peaceful oasis for guests to enjoy and recharge for an evening out at the casino-hotel. This state-of-the-art sanctuary will allow guests to take a break from the action in sophisticated style. The sprawling spa retreat will feature 23 treatment rooms, including a deluxe couples suite, complete with an in-room Jacuzzi and fireplace, and a menu of customized spa and salon services, which include skincare, massage and body treatments, as well as nail care, makeup artistry and hair design. Amenities will include individual flat-screen televisions that grace the cutting-edge manicure stations and pedicure chairs, both an in-spa retail and makeup boutique, a hair styling area and separate female and male “wet zones” complete with steam room, sauna and Jacuzzi pool surrounding a fireplace. At this pampering paradise, guests can also relax poolside at Harrah’s spectacular glass dome pool complex located directly across from the spa where the temperature is 82 degrees all year long.

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The Lobby Bar
Opening May 2021

Harrah’s Resort will enhance The Lobby Bar, which is located in the center of the property, doubling the size of the existing bar. It will offer a relaxed, casual environment for guests to grab a specialty drink or classic cocktail. The extensive menu will feature a variety of spirits and creative handcrafted cocktails such as the Fire Flight, a house-made cinnamon elixir shaken with three whiskeys and bourbons and the Sage Peppercorn Smash, made with fresh lemon, sage and mint muddled with house-made peppercorn sage simple syrup, finished with Dad’s Hat Rye whiskey. A variety of local craft beer, bottled beer and wine will also be featured.

The Baywalk at Harrah’s Resort
Opening Late May 2021

Inspired by the success of outdoor, bayside dining at the resort last summer, The Baywalk at Harrah’s Resort will be the ultimate summer destination in Atlantic City with live music, selections from the new Rum Point Crab House’s raw bar, and drinks along the water. With stunning views and refreshing bay breezes, The Baywalk will feature a custom-designed container bar, offering signature cocktails and drinks. The dining menu will feature a wide array of selections that will complement entertainment, games and interactive activities outside in the open air, including live music throughout the week. Signature bites include the Baywalk Burger, featuring aged Angus Beef paired with white cheddar and served with freshly prepared chips.

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ESET Research analyzes tools from the China-aligned TheWizards group, with targets across Asia and the Middle East

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ESET researchers have analyzed Spellbinder, a lateral movement tool used to perform adversary-in-the-middle attacks by the China-aligned threat actor TheWizards. Spellbinder enables adversary-in-the-middle attacks through IPv6 stateless address autoconfiguration spoofing, which allows the attackers to redirect the update protocols of legitimate Chinese software to malicious servers. Then the legitimate software is tricked into downloading and executing the malicious components that launch the backdoor WizardNet.

TheWizards has been constantly active since at least 2022 until the present and, according to ESET telemetry, targets individuals, gambling companies, and unknown entities in the Philippines, Cambodia, the United Arab Emirates, mainland China, and Hong Kong.

“We initially discovered and analyzed this tool in 2022, and observed a new version with a few changes that was deployed to compromised machines in 2023 and 2024,” says ESET researcher Facundo Muñoz, who analyzed Spellbinder and WizardNet. “Our research led us to discover a tool used by the attackers that is designed to perform adversary-in-the-middle attacks using IPv6 SLAAC spoofing to intercept and reply to packets in a network, allowing the attackers to redirect traffic and serve malicious updates to legitimate Chinese software,” explains Muñoz.

The final payload in the attack is a backdoor that we named WizardNet – a modular implant that connects to a remote controller to receive and execute .NET modules on the compromised machine. ESET researchers have focused on one of the latest cases, in 2024, in which the update of Tencent QQ software was hijacked. The malicious server that issues the update instructions is still active. This variant of WizardNet supports five commands, three of which allow it to execute .NET modules in memory, thus extending its functionality on the compromised system.

TheWizards and the Chinese company Dianke Network Security Technology (also known as UPSEC) – supplier of the DarkNights backdoor (also known as DarkNimbus), appear to be linked. According to NCSC UK, this malicious backdoor also has Tibetan and Uyghur communities among its primary targets. While TheWizards uses a different backdoor – the WizardNet, the hijacking server is configured to serve DarkNights to updating applications running on Android devices.

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Neosurf celebrate first LatAm entry with Mexico launch

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Neosurf, the progressive online payments company known for bridging the gap between cash and digital transactions and helping iGaming operators meet their AML and compliance requirements, has now launched in the regulated Mexican market.

With Mexico’s sports betting industry experiencing rapid growth and a strong player preference for alternative and cash-based payment solutions, Neosurf sees a significant opportunity to provide an enhanced range of market-tailored payment services to operators and players alike.

Neosurf’s cash-to-digital wallet solutions will enable Mexican players to fund their accounts securely while also giving operators access to robust compliance tools. With its pioneering Compliance Handshake feature, Neosurf provides an opportunity for seamless and secure KYC data sharing, improving the player journey and providing additional data and reporting for the operator

“In talking with operators, we’ve learnt that they’re not being serviced as well as they could be – there are gaps in customer support, compliance processes and overall payment efficiency,” explained Sue Page, CEO Americas at Neosurf.

“We believe our solution fills these gaps by offering a more reliable, secure and compliant way for players to transact, while also helping operators improve the all-round customer experience. We’re already live with first regional partners, such as Fun88, in the country and will quickly be adding more SEGOB licensed operators over the coming months.”

“With many Mexican players favouring cash, partnering with Neosurf allows us to offer a payment method that aligns with customer preferences while reinforcing our commitment to security and compliance,” added Christian Ramos, legal representative at Fun88 Mexico. “Their ability to provide frictionless transactions while enhancing AML and KYC processes makes them a key partner in the market.”

Neosurf’s launch in Mexico is just the beginning of its expansion into the regulated Latin American market, with the company already exploring further opportunities across the region. Through delivering its fast, secure and customer-centric payment solutions, Neosurf remains committed to reshaping the payments experience for players and operators, both within Mexico and beyond.

 

 

 

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BetMGM 1Q 2025 Business Update

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BetMGM 1Q 2025 Business Update

 

Strong start to 2025 affirms strategic approach and confidence of positive EBITDA in 2025

BetMGM LLC , one of the leading sports betting and iGaming operators across North America, jointly owned by Entain plc and MGM Resorts International, is providing an update on its 1Q 2025 performance.

  • BetMGM’s strong momentum from 2H 2024 continued during 1Q 2025, driven by its leading iGaming offering and strengthened sports product, and refined approach to player management
  • 1Q Net Revenue up +34% YoY with strong growth across both iGaming (+27%) and Online Sports (+68%)
  • Positive 1Q EBITDA and underlying trends reaffirm confidence that FY 2025 will be EBITDA positive1

Adam Greenblatt, Chief Executive Officer of BetMGM, commented:

“2025 is off to an encouraging start for BetMGM as we execute our revised strategic plan. The momentum we built in the second half of 2024 continued into the first quarter as we implement our powerful iGaming strategy, enabling us to grow faster than the market and at scale. In Online Sports, we are elevating our brand and delivering improved performance, even in the face of unfavorable sports outcomes during key moments in the quarter. As we approach May, we remain confident in achieving full year positive EBITDA in 2025, supported by solid underlying activity trends and our successful delivery of positive EBITDA in the first quarter.”

1Q 2025 Key Financial Highlights

1Q 2025 BetMGM Financial Summary1,2,3
Three months ended
March 31
$ millions, unless otherwise noted 2025 2024 YoY Change
Net Revenue
iGaming $443 $348 +27%
Online Sports $194 $116 +68%
Handle $4,088 $3,174 +29%
GGR Hold % 8.2% 8.7% (50)bps
NGR Hold % 4.8% 3.6% +110bps
Retail / Other $20 $26 (22)%
Total Net Revenue $657 $489 +34%
Contribution $116 ($38) +$153
EBITDA $22 ($132) +$154
Average Monthly Actives (thousands)4 1,067 1,009 +6%

Financial Highlights

  • 1Q Net Revenue of $657 million, up +34% YoY, continuing acceleration with strong underlying player engagement metrics
    • iGaming Net Revenue up +27% YoY driven by leading iGaming offering
    • Online Sports Net Revenue up +68% YoY demonstrating strengthened product offering, expansion of NGR margin, and enhanced player engagement
      • Handle up +29% YoY5
      • NGR margin improvement of +110 bps YoY
    • Average Monthly Actives up +6% YoY, reflecting significant growth in iGaming players, partially offset by improved OSB approach to player segmentation and management
  • 1Q EBITDA of $22 million (up $154 million YoY), with iGaming Contribution of $133 million and positive Contribution from Online Sports
    • 1Q EBITDA benefited from one-time accounting items offset by the impact of customer friendly sports results
  • Continued stabilization of GGR market share in active markets with iGaming (22%) and Online Sports (8%), further cementing BetMGM’s podium position in the market6,7
  • $150 million revolving credit facility remains undrawn

Operational highlights

  • Market leading iGaming offering
    • 1Q Average Monthly Actives up +43% reflecting our leading iGaming offering and focused marketing investment
    • Active Player Days up +39% YoY driven by unique and exclusive content across both real-money and free-to-play engagement games8
    • Improved cross-sell engagement with +13 ppt YoY increase in percent of Online Sports players playing iGaming9
  • Strengthened Online Sports product coupled with focus on premium mass players and improved engagement
    • Broader market range, improved pricing and enhanced parlay offering contributed to strong gains in player economics and activity metrics
      • Growth of +4.8 ppt in parlay bet mix (inclusive of SGPs)10
      • Bets per Active increased +28% YoY11
  • Refined approach to player retention with improved segmentation and promotional strategy
  • Handle per Active up +37% YoY12
  • Active Player Days up +20% YoY

Outlook

  • BetMGM’s year-to-date performance provides increased confidence in exceeding guidance, however we remain mindful it is still relatively early in the year. As such, we reaffirm our expectations for FY 2025 to be EBITDA positive, and Net Revenue guidance of $2.4 billion to $2.5 billion
    • Reiterated expectations of Online Sports to be Contribution positive for FY 2025
  • Reaffirmed confidence in BetMGM’s pathway to $500 million EBITDA in the coming years
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