William Hill

Caesars Makes $3.7 Billion Play for William Hill

As sports betting in America continues to explode, Caesars Entertainment has made a multibillion-dollar offer to acquire William Hill for nearly $4 billion. The companies said in a joint statement that the Caesars could offer $3.45 per Will Hill share, which is an 81% premium to the stock’s average price over the past three months. The deal would give Caesars control of their US joint venture. Meanwhile, William Hill says it has a 32% share of revenue in the Nevada sports betting market while rapidly expanding in other states. The American Gaming Association expects nearly 35 million people, or 13%…

Bally’s Reopen Planned for July 23rd

Plans have been announced for the Bally’s reopen on the 23rd of this month, according to Caesars Entertainment. If all goes as planned, the hotel and casino will welcome guests back beginning at 10am. The latest reopen for Caesars comes after the successful reopening of their other Las Vegas properties at the Flamingo, Harrah’s , Paris, Caesars Palace and the gaming floor at The LINQ. “We continue to see solid customer interest in visiting Las Vegas this summer and, as a result, we are pleased to announce the reopening of Bally’s Las Vegas – gaming, hotel, restaurants and other amenities…

Vegas Casino Employees Could be Fired Over Masks

As Nevada continues to report record new cases of Coronavirus, some Las Vegas casino employees could be terminated for refusing to wear face masks. Spokespersons for The Venetian and Caesars have both indicated that masks are a condition of employment. The Las Vegas Sands Corporation, who run The Venetian, has said that employees who fail to wear a face-covering “will be subject to progressive discipline up to and including termination”. Meanwhile, Caesars CEO Tony Rodio said “the failure to wear your mask at work will be grounds for termination.” Guests are still being required under the current mandate to wear…

Harrah’s Reno Will Not Reopen

Casinos across America are starting to welcome guests back, but Harrah’s Reno will not be among them. Caesars Entertainment has announced that the company does not have plans to reopen the property. The building will now be changed into a non-gaming property and named the Reno City Center. It will consist of about 540 market-rate rental apartments. Caesars previously announced in January an agreement to sell the property, which has operated for more than 82 years. Harrah’s Las Vegas will not be effected by this. You can read more about the permanent closure of Harrah’s Reno at Yogo Net.

ESPN Sports Betting Partnership with Caesars

Another broadcast network is taking the plunge, as an ESPN sports betting partnership has been struck with Caesars Entertainment. This deal includes the construction of a brand new ESPN-branded television studio at The LINQ Casino on the Vegas strip. There sports betting content will be blasted out on ESPN’s new sports betting show “Daily Wager.” “Daily Wager” launched in March as a daily program on ESPNews airing at 3 p.m. — also available for streaming on the ESPN app. Key to the deal is Caesars’ “data” and branding to be integrated across ESPN’s programming. This includes Caesars serving as “ESPN’s…

Caesars DraftKings Online Gambling Agreement

A Caesars DraftKings online gambling agreement has been reached which will give the fantasy sports provider access to the markets in several states. The deal lets DraftKings offer its online gambling products in “certain states” in which Caesars operates, but the companies did not specify which ones. DraftKings will promote Caesars Entertainment as its official casino-resort partner in the states where the companies collaborate, and Caesars Entertainment will receive equity in DraftKings. Caesars can also continue to offer their own branded sports betting and online casino apps in each of these jurisdictions. Mark Frissora, president and CEO of Caesars Entertainment,…