Friday, March 31, 2023

Tag: Ceasars Entertainment

Caesars to manage non-gaming luxury resort in Mexico

Ceasars Palace, Puerto Los Cabos
Caesars Entertainment has announced that it will operate a $200m beachfront hotel in Puerto Los Cabos, Mexico. The non-gaming property will feature 500 rooms and suites, a 40,000 sq ft convention centre, a spa, three fine-dining restaurants, and sports and entertainment amenities. “Bringing Caesars Palace to Puerto Los Cabos will represent further progress on our strategy to expand the company’s non-gaming...

Tourism chief pours cold water on Dubai casino rumours

Dubai, bluewater
Following the notable entrance of longstanding casino operators into one of the most largest resort destinations in the world, a local tourism chief has calmed talk that Dubai could yet turn into a gaming hotspot. Both of the Las Vegas-based groups MGM Resort International and Caesars Entertainment have made recent announcements regarding entrance of the regional market with hotel properties...

Caesars weighs up sale of interactive subsidiary as legal battle intensifies

Caesars Entertainment
Casino giant Caesars Entertainment, which remains embroiled in a bankruptcy battle with the creditors of its operating company (CEOC), is now considering selling its $800m-a-year interactive division to an unknown bidder for more than $4bn.   An affiliate of Caesars Entertainment, one of the largest online and land-based casino companies in the US, is contemplating selling its rapidly growing interactive division...