Caesars Sportsbook: Louisiana Bettor Wins Over Half a Million with Bold Super Parlay

17 October 2025 – A lucky Caesars Sportsbook mobile bettor in Louisiana turned a modest $50 wager into $574,925 after hitting an incredible six-leg Super Parlay that combined four MLB home run picks and two NFL touchdown scorers.

The winning selections were:

• Max Muncy (+500)

• Teoscar Hernández (+475)

• Randy Arozarena (+525)

• Vladimir Guerrero Jr. (+390)

• Jonnu Smith (+340)

• Tee Higgins (+215)

The overall odds for the parlay were nearly 11,498 to 1, meaning each dollar wagered returned almost $11,500.

A stunning win that shows how a small stake, mixed with bold choices and a bit of luck, can lead to a life-changing payout.

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Caesars Entertainment expands WSOP Online

Caesars Entertainment, Inc. today announced an expansion of the WSOP Online poker platform, now pooling liquidity in Pennsylvania with its three existing jurisdictions: Nevada, New Jersey and Michigan. The move positions Caesars as the first online poker operator to share liquidity across four U.S. jurisdictions, establishing WSOP Online as the only platform in the U.S. where players from all four states can compete in the same player pool. The inclusion of Pennsylvania follows Michigan's integration with Nevada and New Jersey on WSOP Online in May 2024, marking another significant milestone in the development of WSOP Online as the premier online poker site.

In addition to the announcement of shared liquidity across another jurisdiction, Caesars today unveiled the 2025 WSOP Online Bracelet schedule. The schedule will once again feature 30 bracelet events coinciding with the 56th annual World Series of Poker, which will be held for the fourth consecutive year at Caesars Rewards destinations Paris Las Vegas and Horseshoe Las Vegas on the Las Vegas Strip.

“The addition of the Pennsylvania player pool to WSOP Online comes at the perfect time, and we’re ready to give avid poker players in The Keystone State the opportunity to raise the stakes on their poker play,” said Danielle Barille, Vice President of Online Poker at Caesars Entertainment. “This expansion enhances the experience for players by building even greater prize pools that are up for grabs all summer long as a part of our jam-packed WSOP Online schedule. We’re ready to see who earns our largest online prize pools ever once the first hands are dealt this summer.”

The first Online Bracelet event kicks off on 31 May with a total of five live final tables, and the final event begins on 15 July. In 2025, WSOP Online will introduce an Online Bracelet Leaderboard, offering over $30,000 in prizes for the first time. Participants in the Online Gold Bracelet events will accumulate leaderboard points, with the highest scorer being honored as the 2025 WSOP Online Bracelet Player of the Year.

Every Tuesday, Saturday and Sunday of the series will feature an official gold bracelet up for grabs, from the $333 Triple Treys No Limit Hold’em event on 8 June to the $5,300 WSOP Online High Roller Championship on 9 July. Last year, over $30 Million in prize money was awarded from Online Bracelet events in June and July. This year, the schedule is highlighted by six Mystery Bounty tournaments with $5.5 Million in guarantees.

In addition, exclusive satellites to qualify for land-based tournaments will be offered on WSOP Online, with entry fees as low as $1. These satellites will be daily single-table satellites and massive promotions, such as the guaranteed 25-seat Main Event mega-satellites on 29 June and 1 July where 25 $10,000 Main Event Seats are guaranteed for every event. Ten Online Bracelet events will also begin online, playing under a hybrid format, with their final tables contested live in Las Vegas at the WSOP. WSOP satellites outside the United States are currently underway and held exclusively at GGPoker.

Players are permitted to play on WSOP Online while simultaneously participating in live WSOP events at the World Series of Poker in Las Vegas which will run from 27 May to 16 July, with poker’s undisputed world championship, also known as the “Main Event,” beginning on 2 July.

The full daily events schedule for the 56th annual WSOP is live on WSOP.com and reduced room rates are available across Caesars Entertainment’s Las Vegas resorts for the series by visiting www.caesars.com and using promo code WSOP25.

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Caesars debuts first live dealer studio inside a Caesars Rewards destinations

Caesars Entertainment, Inc. today announced the launch of its first branded, live dealer studio inside one of its world-class destinations made possible through its partnership with Evolution. The debut of the space inside Tropicana Atlantic City in New Jersey marks the second custom studio made for Caesars live dealer offerings on its online casino platforms following the launch of its first such studio in Pennsylvania earlier this year.

Players 21 and older on Caesars’ online gaming platforms Caesars Palace Online Casino, Horseshoe Online Casino and Caesars Sportsbook & Casino can now enjoy a live dealer experience on mobile that draws inspiration from table game play at the Las Vegas Strip’s most iconic casino, Caesars Palace.

“The opening of this branded studio at one of our Caesars Rewards destinations introduces the newest addition to our ever-expanding online gaming platforms,” said Matt Sunderland, Senior Vice President and Chief iGaming Officer at Caesars Digital. “We're always striving to marry the world-class experiences our players enjoy at our destinations with the online casino play they love.”

The New Jersey studio features five blackjack tables, which includes a VIP-exclusive blackjack table, one baccarat table and one roulette table. The tables feature custom felts with imagery and branding from iconic Caesars destinations on the Las Vegas Strip including Caesars Palace & Horseshoe. The studio also caters to VIP players, much like Caesars Rewards destinations, with a VIP-exclusive blackjack table offering an authentic 1-to-1 live high-limit blackjack experience, that could previously only be found in a physical casino.

“Evolution is thrilled to open a second dedicated Caesars live dealer studio inside Tropicana Atlantic City,” said Jacob Claesson, Chief Executive Officer of Evolution North America. “This studio was made possible through our close partnership with Caesars. Once fully operational, it will generate approximately two hundred job opportunities in Atlantic City. We’re very proud to see a concrete example of how iGaming helps to create jobs and develop the workforce in our local communities.”

Caesars Palace Online Casino, Horseshoe Online Casino, and Caesars Sportsbook & Casino are available on iOS, Android, and desktop for those 21 and older in New Jersey, Pennsylvania, Michigan, Ontario, and West Virginia. Each platform offers a dynamic online casino experience with a range of unique Caesars-branded games alongside hundreds of classic land-based casino favorites and core casino game mechanics, including high limit slots, private live dealer tables, linked progressive jackpots, variations of poker and roulette, and more.

Caesars’ easy-to-navigate online casino apps and desktop platforms also tie online gaming to The Company’s industry-leading customer loyalty program, Caesars Rewards®. Players in the United States earn Caesars Rewards Credits through their online and in-person casino play that can be redeemed for unforgettable Caesars Rewards experiences at one of Caesars' more than 50 world-class destinations across North America.

Caesars Entertainment is an industry leader in Responsible Gaming, known for pioneering Responsible Gaming awareness and education. In 1989, Caesars became the first commercial casino company to address problem gambling by launching the industry’s first Responsible Gaming program, Project 21. Today, the Company’s commitment to ensuring all players are aware of Responsible Gaming resources remains steadfast and spans all of Caesars’ digital platforms and world-class destinations in which it operates. Caesars Entertainment proudly enforces an enhanced 21+ gaming policy that prevents individuals under the age of 21 from using Caesars Rewards and restricts access to its gaming products for individuals under the age of 21. This includes all Caesars Sportsbook operations in New Jersey.

In March 2024, Caesars Sportsbook received the prestigious RG Check accreditation from the Responsible Gambling Council in Ontario, Canada, which recognizes companies that achieve the highest standards for their Responsible Gaming practices. Just a few months later, the Company was awarded the National Council on Problem Gambling’s award for Corporate Social Responsibility.

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Caesars becomes first operator to launch branded version of Pixiu Gaming’s keno title

Caesars Entertainment, Inc. announced its marquee iGaming platforms are the first in the online casino industry to launch a branded version of Pixiu Gaming’s beloved Keno title, Lucky Bonus Draw Keno. Online casino players on Caesars Palace Online Casino, Horseshoe Online Casino, and Caesars Sportsbook & Casino in New Jersey and Ontario can now enjoy exclusive access to a fully Caesars-branded installment of Pixiu’s fan-favorite Keno title, entitled Caesars Palace Bonus Draw Keno.

“The widespread appeal of Lucky Bonus Draw Keno is undeniable, and we couldn’t be happier to infuse this classic game with a distinctive Caesars flair for our digital platforms,” said Matthew Sunderland, Senior Vice President and Chief iGaming Officer at Caesars Digital. “The launch of Caesars Palace Lucky Draw Keno underscores our dedication to offering tailored content that embodies our brand's core values for our online casino players.”

Keno has been a celebrated favorite game in brick-and-mortar casinos. Its lasting appeal continues to enchant players from Las Vegas to Atlantic City and now extends to online casino platforms. Caesars Palace Lucky Draw Keno features a unique gameplay aesthetic that brings the Las Vegas Strip’s most iconic casino, Caesars Palace, directly into focus. Players aged 21 and older can enjoy a classic Lucky Bonus Draw Keno experience, enhanced by the regal aesthetic of the Caesars brand, with Caesars Palace prominently featured in the gameplay.

Caesars Palace Online Casino, Horseshoe Online Casino, and Caesars Sportsbook & Casino are available on iOS, Android, and desktop for those 21 and older in New Jersey, Pennsylvania, Michigan, Ontario, and West Virginia. Each platform offers a dynamic online casino experience with a range of unique Caesars-branded games alongside hundreds of classic land-based casino favorites and core casino game mechanics, including high-limit slots, private live dealer tables, linked progressive jackpots, variations of poker and roulette, and more.

Caesars’ easy-to-navigate online casino apps and desktop platforms also tie online gaming to The Company’s industry-leading customer loyalty program, Caesars Rewards®. Players in the United States earn Caesars Rewards Credits through their online and in-person casino play that can be redeemed for unforgettable Caesars Rewards experiences at one of Caesars' more than 50 world-class destinations across North America. Accruing Caesars Rewards credits is currently unavailable in Ontario when using Caesars’ online casino platforms.

Caesars Entertainment is an industry leader in Responsible Gaming, known for pioneering Responsible Gaming awareness and education. In 1989, Caesars became the first commercial casino company to address problem gambling by launching the industry’s first Responsible Gaming program, Project 21. Today, the Company’s commitment to ensuring all players are aware of Responsible Gaming resources remains steadfast and spans all of Caesars’ digital platforms and world-class destinations in which it operates. Caesars Entertainment proudly enforces an enhanced 21+ gaming policy that prevents individuals under the age of 21 from using Caesars Rewards and restricts access to its gaming products for individuals under the age of 21.

In March 2024, Caesars Sportsbook received the prestigious RG Check accreditation from the Responsible Gambling Council in Ontario, Canada, which recognizes companies that achieve the highest standards for their Responsible Gaming practices. Just a few months later, the Company was awarded the National Council on Problem Gambling’s award for Corporate Social Responsibility.

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Caesars launches live dealer studio

Caesars Entertainment, Inc. today announced the launch of its first branded online casino live dealer studio for players on Caesars Palace Online Casino, Horseshoe Online Casino and Caesars Sportsbook & Casino in Pennsylvania. Made possible through Caesars’ partnership with Evolution Gaming, Caesars' marquee online casino platforms in the Keystone State now offer an immersive live dealer experience reminiscent of the energy and grandeur of the Caesars Palace Las Vegas gaming floor.

The new Philadelphia-based studio comprises five blackjack tables, including a VIP-exclusive blackjack table, one roulette table and one baccarat table, offering something for all players. Each table features a custom felt with imagery and branding from the iconic Caesars Palace and Caesars online casino brands, including Caesars Palace Online Casino, Horseshoe Online Casino and Caesars Sportsbook and Casino. Select tables also feature custom felts co-branded through partnerships with professional sports leagues. The VIP-exclusive blackjack table creates true 1-to-1 live high-limit blackjack that could previously only be had inside a casino.

“Creating a fully customized live dealer studio with our partners at Evolution has heightened the user experience on our online casino platforms by providing a Las Vegas Strip-style experience directly in the palm of our players' hands,” said Matt Sunderland, Senior Vice President and Chief iGaming Officer at Caesars Digital. “We’ve taken inspiration from the iconic designs at Caesars Palace to complete this world-class studio in Pennsylvania, from the legendary Julius Caesar statue down to flooring patterns and wall coverings at the destination. The result is an aesthetically unmatched live dealer experience that pays homage to our renowned brand.”

“Evolution is excited to take our partnership to the next level by providing a unique live dealer studio dedicated to the Caesars brand in our Philadelphia headquarters,” said Jacob Claesson, Chief Executive Officer at Evolution North America. “By combining our cutting-edge technology with the unmistakable Caesars brand, this dedicated studio will deliver the elegance and thrill of Caesars Palace to online players in Pennsylvania. The new studio is truly stunning and showcases the incredible potential of live dealer casino gaming. We are extremely happy and proud to support Caesars in their efforts to elevate their player experience and continue to raise the bar for online casino entertainment.”

Caesars Palace Online Casino, Horseshoe Online Casino, and Caesars Sportsbook & Casino are available on iOS, Android, and desktop for those 21 and older in New Jersey, Pennsylvania, Michigan, Ontario, and West Virginia. Each platform offers a dynamic online casino experience with a range of unique Caesars-branded games alongside hundreds of classic land-based casino favorites and core casino game mechanics, including high limit slots, private live dealer tables, linked progressive jackpots, variations of poker and roulette, and more.

Caesars’ easy-to-navigate online casino apps and desktop platforms also tie online gaming to The Company’s industry-leading customer loyalty program, Caesars Rewards. Players in the United States earn Caesars Rewards Credits through their online and in-person casino play that can be redeemed for unforgettable Caesars Rewards experiences at one of Caesars' more than 50 world-class destinations across North America.

Caesars Entertainment is an industry leader in Responsible Gaming, known for pioneering Responsible Gaming awareness and education. In 1989, Caesars became the first commercial casino company to address problem gambling by launching the industry’s first Responsible Gaming program, Project 21. Today, the Company’s commitment to ensuring all players are aware of Responsible Gaming resources remains steadfast and spans all of Caesars’ digital platforms and world-class destinations in which it operates. Caesars Entertainment proudly enforces an enhanced 21+ gaming policy that prevents individuals under the age of 21 from using Caesars Rewards and restricts access to its gaming products for individuals under the age of 21.

In March 2024, Caesars Sportsbook received the prestigious RG Check accreditation from the Responsible Gambling Council in Ontario, Canada, which recognizes companies that achieve the highest standards for their Responsible Gaming practices. Just a few months later, the Company was awarded the National Council on Problem Gambling’s award for Corporate Social Responsibility.

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Caesars Entertainment celebrates grand opening of Caesars Virginia

Caesars Entertainment celebrated the grand opening of its highly anticipated destination Caesars Virginia earlier today. The luxury resort opened its doors for the first time following a ceremony led by Caesars Entertainment CEO Tom Reeg, Caesars Entertainment President & COO Anthony Carano, Caesars Entertainment Regional President Barron Fuller, Caesars Virginia General Manager Chris Albrecht and Eastern Band of Cherokee Indians Chief Michell Hicks. Danville Mayor Alonzo Jones, Virginia Lottery Executive Director Khalid Jones, Senator Tammy Mulchi, Deputy Secretary of Commerce and Trade Maggie Beal and hundreds of community members joined the celebration.

“This beautiful destination encompasses what the Caesars brand is all about,” said Caesars Entertainment President & COO Anthony Carano. “From exceptional restaurants, high-energy gaming and exciting entertainment, Caesars Virginia has it all. The fantastic amenities coupled with the Family Style Service Caesars is known for make for a world-class destination we know our guests and the community will love.”

The morning began with a car parade of race cars and supercars supplied by Virginia International Raceway, Kaizen Autosport and Foreign Cars Italia weaving through the heart of Danville. Five-time NBA Champion and the league’s “best rebounding forward in NBA history,” Dennis Rodman was the parade’s master of ceremonies. Rodman, Caesar, Cleopatra and Mayor Jones rode in the vehicles that stopped at the front of the new resort for the opening ceremony. Following the ribbon-cutting, guests were ushered into the new 587,000-square-foot resort to place their bets for the first time. Rodman placed the first ceremonial bet in the new state-of-the-art Caesars Sportsbook, betting a $100 five-leg parlay on all five teams he played for in the NBA to win their next game. The celebration capped off with an impressive fireworks and drone show by Grucci.

“This has been an impressive development project to see come together over the past couple of years and we couldn’t be prouder to finally open the doors of this beautiful destination,” said Chris Albrecht, SVP & General Manager of Caesars Virginia. “We couldn’t have done it without the support of our partners, Team Members and the Danville community and we’re so grateful to have had so many of them here with us to celebrate. We look forward to what the future holds here in Virginia, and we can’t wait to share it with our guests.”

Eastern Band of Cherokee Indians Chief Michell Hicks added, “The grand opening of Caesars Virginia in Danville marks another proud moment of our partnership with Caesars. It reflects the EBCI’s commitment to economic growth, job creation and community investment. We’re honored to be part of an effort that creates lasting opportunities for the people of Danville and the surrounding region.”

Caesars Virginia boasts 90,000 square feet of gaming space, including nearly 1,500 of the newest, most exciting slots, 79 live-action table games, 48 electronic table games, a WSOP poker room and Caesars Sportsbook. Additionally, Caesars Virginia is also home to a 320-room hotel tower, 50,000 square feet of meeting and convention space that also serves as a 2,500-seat live entertainment venue, a full-service spa, pool and a wide variety of dining options, including Ramsay’s Kitchen by multi-Michelin-starred chef and television personality Gordon Ramsay, Dan Dan Noodle, Three Stacks and the 500 Block Food Hall by local developer Rick Barker and local restaurateur Steve Parry.

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Caesars Entertainment closes sale of World Series of Poker brand

Caesars Entertainment, Inc. announced the closing of the previously announced sale of its intellectual property rights for the World Series of Poker brand to NSUS Group Inc. As previously disclosed, the transaction includes US$250 million in cash and a $250 million promissory note due five years after the transaction’s closing secured by the WSOP intellectual property assets being sold.

Caesars retains the right from NSUS to host the flagship WSOP live tournament series at its Las Vegas casinos for the next 20 years and will receive a license from NSUS to continue operating its recently upgraded WSOP Online real-money poker business in Nevada, New Jersey, Michigan, and Pennsylvania for the foreseeable future but will otherwise be restricted from operating online peer-to-peer real-money poker operations for a specified period of time and subject to certain exceptions. In addition, brick-and-mortar poker rooms currently operated by Caesars will continue to feature WSOP branding, and Caesars destinations will continue to enjoy preferential rights to host live WSOP Circuit events going forward.

Concurrent to the transaction, several long-time WSOP executives will transition to key leadership roles within the NSUS team. Ty Stewart will serve as Chief Executive Officer of the newly formed WSOP subsidiary, while Gregory Chochon has accepted the position of Chief Operating Officer. Erik Eidissen also joins as Communications Manager. With more than 30 years of combined experience managing the WSOP brand, these employees will lead the next phase of growth and integration under new ownership.

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Caesars Entertainment partners with the Detroit Lions

Caesars Entertainment, Inc. and the Detroit Lions today announced a new partnership, making Caesars Sportsbook an Official Sports Betting Partner and Caesars Entertainment the Official iGaming Partner of the Detroit Lions. The collaboration with the defending NFC North Champions combines custom fan experiences for Caesars Rewards® members with dynamic sponsorship assets and the use of official Detroit Lions logos and marks in multiple online casino games coming to Caesars’ digital platforms.

The first online casino game launch on behalf of this partnership will be a Live Dealer blackjack game featuring a custom-made Detroit Lions felt. The game is set to go live exclusively in Michigan at the start of the 2024-25 NFL season on Caesars Palace Online Casino and Caesars Sportsbook & Casino for online casino players 21 and older.

“We’re thrilled to partner with the Detroit Lions to bring opportunities to their fans that cater to their interests and are unique to the royal experience only Caesars can deliver,” said Eric Hession, President of Caesars Digital. “We’ve enjoyed a great relationship with sports fans in Michigan, and partnering with one of the most passionate fan bases in the NFL will help us grow that connection as we continue to expand our offerings in the state with the launch of Horseshoe Online Casino later this year.”

"As we embark on this season, we're proud to enhance our fan experiences with Caesars Entertainment,” said Detroit Lions Vice President of Corporate Partnership Mace Aluia. "This partnership will unite Lions fans who are passionate about the team, offering them exclusive opportunities to engage with us both at Gamedays at Ford Field and through Caesars' digital platforms here in Michigan.”

Caesars brands, including Caesars Sportsbook, Caesars Sportsbook & Casino, Caesars Palace Online Casino, and Horseshoe Online Casino, will be featured throughout Ford Field during Lions games. Additionally, Caesars brands will also be featured in radio spots on the Detroit Lions Radio Network and in team digital and social media.

This partnership builds on Caesars Entertainment’s presence in the region complementing its operation of the world-class destination, Caesars Windsor, located just across the Detroit River in Windsor, Ontario. The destination celebrated the grand opening of Ontario’s first full-service sportsbook, Caesars Sportsbook at Caesars Windsor, in January 2023, providing an elevated environment for sports fans and fans of the Detroit Lions to enjoy and wager on marque sporting events.

Caesars Sportsbook has offered in-person sports wagering in Michigan since 2020 and mobile sports wagering in the state since 2021 via a partnership with the Grand Traverse Band of Ottawa and Chippewa Indians, providing an industry-leading sports betting experience via the Caesars Sportsbook & Casino mobile app and desktop platform. Every wager placed on the Caesars Sportsbook & Casino app in the United States earns Reward Credits, which are redeemable for unforgettable experiences through the industry-leading loyalty program Caesars Rewards and can also be used to wager directly in the app.

In 2023, Caesars launched Caesars Palace Online Casino, bringing the most iconic brand in gaming and the most rewarding place to play casino games on the Las Vegas Strip to online casino players. The easy-to-navigate online casino app and desktop platform extends the legendary Caesars Palace brand to users' palms and is currently available in five states and provinces, including Michigan and Ontario. The Company also recently partnered with Sault Ste. Marie Tribe of Chippewa Indians and intends to launch the Horseshoe Online Casino online gaming brand in Michigan in 2024.

Caesars Entertainment remains committed to emphasizing Responsible Gaming education as Caesars Sportsbook expands into more jurisdictions. In March 2024, Caesars Sportsbook received the prestigious RG Check accreditation from the Responsible Gambling Council in Ontario, Canada, which recognizes companies that achieve the highest standards for their Responsible Gaming practices.

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Caesars Entertainment to sell World Series of Poker brand to NSUS Group

Caesars Entertainment, Inc. today announced the signing of a definitive agreement to sell its intellectual property rights for the World Series of Poker brand to NSUS Group Inc., a leading investment group in the iGaming space known for successfully launching several groundbreaking ventures, including the innovative online poker room, GGPoker. The transaction, valued at a total of US$500 million, includes US$250 million in cash and a $250 million promissory note due five years after the transaction’s closing date secured by the WSOP intellectual property assets being sold.

As a part of this transaction, Caesars has secured the right from NSUS to continue hosting the WSOP’s flagship live tournament series at its Las Vegas casinos for the next 20 years. In addition, brick-and-mortar poker rooms currently operated by Caesars will continue to feature WSOP branding, and Caesars destinations will continue to enjoy preferential rights to host live WSOP Circuit (WSOP-C) events going forward.

Caesars Digital will also receive a license from NSUS to continue operating its recently upgraded WSOP Online real-money poker business in Nevada, New Jersey, Michigan, and Pennsylvania for the foreseeable future but will otherwise be restricted from operating online peer-to-peer real-money poker operations for a specified period of time and subject to certain exceptions.

“We’ve enjoyed a longstanding and successful partnership with GGPoker that has helped spur the growth of the WSOP brand,” said Eric Hession, President of Caesars Digital. “This transaction is an exciting step for Caesars as a company and the WSOP brand as it continues to evolve. We can’t wait to see what NSUS has in store for growing the WSOP’s legacy in poker, and we look forward to continuing to deliver an unmatched and familiar experience to poker players going forward.”

“After collaborating with Caesars Entertainment for years, NSUS Group, the operators of GGPoker, is thrilled to announce their new role in leading the World Series of Poker, the world’s most renowned poker brand,” said Michael Kim, Chief Executive Officer of NSUS Group Inc. “We will leverage GGPoker’s cutting-edge technology and industry expertise to create an exciting future for WSOP, ensuring players have an increasingly improved, safe, and seamless poker experience. Under the new leadership, NSUS intends to expand WSOP worldwide, positioning it at the forefront of poker’s growth.”

This sale is subject to customary regulatory approvals and other closing conditions and is expected to close prior to the end of 2024. Kirkland & Ellis LLP provided transactional counsel and Latham & Watkins LLP acted as finance counsel to Caesars, while NSUS was represented by Greenberg Traurig, LLP.

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Caesars achieves an all-time consolidated Adjusted EBITDA record in Q3

Caesars Entertainment, Inc., reported operating results for the third quarter ended on 30 September 2023.

Third Quarter 2023 and Recent Highlights:

GAAP net revenues of $3.0 billion versus $2.9 billion for the comparable prior-year period.

GAAP net income of $74 million compared to net income of $52 million for the comparable prior-year period.

Consolidated Adjusted EBITDA of $1.04 billion versus $1.01 billion for the comparable prior-year period.

Caesars Digital Adjusted EBITDA of $2 million versus $(38) million for the comparable prior-year period.

“During the third quarter of 2023, the company achieved an all-time consolidated Adjusted EBITDA record,” said Tom Reeg, Chief Executive Officer of Caesars Entertainment, Inc. “We experienced Adjusted EBITDA growth year over year in all three of our primary operating segments including Las Vegas, Regional and Caesars Digital. Our Regional segment achieved an all-time quarterly Adjusted EBITDA record as we harvest the recent portfolio investments within this segment.”

As of 30 September 2023, Caesars had $12.5 billion in aggregate principal amount of debt outstanding. Total cash and cash equivalents were $841 million, excluding restricted cash of $174 million.

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Caesars Entertainment offers exclusive culinary experiences during race weekend

Home to some of the world’s most extraordinary culinary talent, Caesars Entertainment is tapping into its network of superstars to offer guests exclusive experiences over race weekend. Caesars is bringing the dynamic energy found on the racetrack to the kitchen with opportunities to enjoy the cuisine and company of multi-Michelin-starred chef and television personality Gordon Ramsay; Michelin-starred restaurateur Chef Nobu Matsuhisa; restaurateur, acclaimed chef, Emmy Award-winning television personality and best-selling author Giada De Laurentiis; and restaurateur, television star and philanthropist Lisa Vanderpump.

Exclusive culinary experiences include:

Chef Gordon Ramsay

- Take a Seat with Gordon at Ramsay’s Kitchen at Harrah's Las Vegas Casino & Hotel
Thursday, 16 November at 5 p.m.
Experience includes a curated menu by Chef Ramsay with appetizer, entrée and dessert + wine or cocktail pairing
Special appearance by Gordon Ramsay including stories from his culinary journey to bring Ramsay’s Kitchen to life
$250 per person- Trackside Dinner with Gordon at Hell’s Kitchen at Caesars Palace
Friday, 17 November at 7 p.m.
Experience includes a specially curated four-course menu by Chef Ramsay + wine or cocktail pairing and personal gift
Hear directly from Gordon Ramsay as he makes a special appearance to discuss his love of F1 just before practice starts
$500 per personChef Nobu Matsuhisa

- Sushi Demonstration with Chef Nobu
Friday, 17 November at 1 p.m. at Nobu at Caesars Palace
Saturday, 18 November at 1 p.m. at Nobu at Paris Las Vegas
The intimate experience is limited to 14 people and includes a sushi-making demonstration from Chef Nobu. Following the instructional demo, chef and team will serve the freshly made sushi as well as menu favorites like toro, A5 Waygu and caviar and a selection of cocktails
$500 per personChef Giada De Laurentiis

- Morning After Trackside Brunch with Giada at GIADA at The Cromwell
Sunday, 19 November at 11 a.m.
Guests can spend the morning with Giada while enjoying her Italian-inspired brunch selections with breathtaking views of the circuit
$250 per personLisa Vanderpump

- A Very Vanderpump Brunch at Vanderpump à Paris at Paris Las Vegas
Friday, 17 November at 11 a.m.
Brunch will include a curated menu by Lisa as well as the Vanderpump family’s signature branded Rosé
Special appearance by Lisa Vanderpump
$250 per person“Formula 1 races provide unparalleled excitement on the track while also boasting a luxe collection of amenities and experiences, and we have no doubt the inaugural FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX will only surpass what we’ve seen in terms of dynamic energy and luxury,” said Sean McBurney, Regional President of Caesars Entertainment. “We are thrilled to enhance the race weekend with these unique opportunities to spend time with and enjoy the impeccable cuisine from Caesars Entertainment’s superstar talent.”

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Caesars Sportsbook is live in Massachusetts with mobile sports betting

With the launch of legalized mobile sports wagering in Massachusetts, Caesars Sportsbook, the flagship sports wagering platform for Caesars Entertainment, Inc., today announced it’s officially live in the Bay State. Customers who want to enjoy an elevated sports betting experience with unmatched rewards can now download the Caesars Sportsbook app on iOS and Android or visit online.

“With the sports calendar gaining momentum and multiple Massachusetts teams having remarkable seasons, it’s a great time to bring a new entertainment experience to sports fans in the Commonwealth,” said Eric Hession, President of Caesars Digital. “Caesars Sportsbook is primed to deliver a best-in-class sports wagering experience to Massachusetts sports fans, and we’d like to thank the Massachusetts Gaming Commission for approving our expansion into the Bay State.”

Caesars Sportsbook links mobile sports betting to unparalleled rewards through the top-rated loyalty program Caesars Rewards. Each bet placed earns Tier Credits that contribute to one's status and Reward Credits that can be redeemed for exclusive Caesars Rewards experiences and discounted getaways at various Caesars Entertainment locations throughout the United States.

The Caesars Sportsbook app provides a premier sports betting experience from anywhere in Massachusetts, with numerous deposit options, fast payouts, and user-friendly features. Eligible customers can explore a wide variety of markets – which have recently expanded to include a greater selection of in-play and real-time play-by-play betting options – as well as cross-sport same-game parlays and more.

Starting today, eligible sports fans anywhere in Massachusetts can download the Caesars Sportsbook app, register, and deposit funds to take advantage of a special sign-up offer for first-time users.

$1,500 First Bet On Us:

- Sign up using promo code CZR1BET and place your first bet of any value
- If that first bet is graded as a loss, receive:
One Bonus Bet equal to the amount of your first wager up to $1,500Pending approval by the Massachusetts Gaming Commission, Caesars Sportsbook plans to offer in-person sports wagering and convenient mobile account cash deposits at legendary Raynham Park just south of Boston. Caesars Sportsbook at Raynham Park will open as a temporary sportsbook inside its current simulcasting facility in spring 2023 before expanding to a 30,000-square-foot sportsbook inside one of the biggest standalone sports betting and pari-mutuel simulcasting establishments in the U.S.

Caesars is an industry leader in responsible gaming, continuing to focus on responsible gaming education as Caesars Sportsbook expands into new markets. As a complement to the tools in place that encourage responsible play on the Caesars Sportsbook app including Deposit Limits, Spending Limits, Daily Time Limits, and Cool Off Time Limits, Caesars recently announced two new responsible gaming policies.

The first is the industry’s most expansive universal exclusion policy, in which any participant currently on a state-sponsored self-exclusion list where Caesars operates is added to the universal exclusion list for Caesars' gaming facilities and platforms across the enterprise. Additionally, the company is adopting an enhanced 21+ gaming policy that will limit Caesars Rewards accounts to individuals over 21 and, where allowed by law, limit all domestic gaming, pari-mutuel, sports, and iGaming options to those over 21.

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Caesars Entertainment recognized as Best Employer for Veterans by Forbes America

Caesars Entertainment, the largest casino-entertainment company in the U.S., has been recognized as one of the Best Employers for Veterans by Forbes and Statista Inc., a leading statistics portal and industry ranking provider. Caesars has a long-standing commitment to Diversity, Equity and Inclusion, including the Company's Business Impact Groups, one of which, SALUTE, is dedicated to veteran Team Members.

SALUTE provides a supportive community for active-duty and veteran military Team Members, their spouses and allies. The group offers a community to share experiences and volunteer opportunities at veteran organizations across the country. With the help of SALUTE, Caesars has donated close to $1 million and volunteered more than 4,000 hours with local veteran groups.

"I served in the military for eight years; little did I know that afterward, a job offer extended by a fellow U.S. Marine would grow into a nearly 32-year career with Caesars Entertainment," said Bill Gustafson, SVP & GM of Horseshoe Hammond, a Caesars Entertainment property. "I am honored to work for a company that makes a point to hire veterans and offers support both internally with SALUTE and externally through donations and volunteer hours that benefit veteran organizations. Caesars continuously recognizes the sacrifices our military makes in the name of liberty and democracy and offers support to whoever might need it."

The Forbes list of the Best Employers for Veterans was conducted through an independent survey by Statista that included around 7,000 U.S. veterans working for companies employing at least 1,000 people within the U.S. Participants were asked to give their opinion on a series of statements related to general topics regarding their own employer, for example: atmosphere & development, image, working conditions, salary & wage, workplace, diversity, and a set of topics related specifically to the interests of veterans in the workplace, as well as a set of topics related specifically to the interests of veterans in the workplace. The full list of award recipients is now available on Forbes.com.

"We're thrilled to be named as one of the Best Employers for Veterans," said Heather Rapp, SVP of Corporate Social Responsibility for Caesars Entertainment. "But more importantly, we're so honored to be able to support our active-duty and veteran Team Members and spouses by providing them with resources and a community to come together to discuss experiences and common issues. We're proud and extremely thankful for their service and recognize the great sacrifices they have made for our country."

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Caesars Sportsbook app is now live in Ohio

Legalized sports betting is on the horizon for Ohio sports fans and today, Caesars Entertainment, Inc. announced that Caesars Sportsbook is live on desktop and the Caesars Sportsbook app is available for download in the state on iOS and Android. Sports fans in the Buckeye State can now register and deposit funds with a special early registration offer so they can place their first wagers as soon as legalized sports betting starts on 1 January 2023.

"Ohio's rich tradition of sports excellence speaks for itself," said Eric Hession, President of Caesars Digital. "Caesars Sportsbook is ready to match the pedigree and passion of Ohio sports fans with a sports wagering experience that treats them like royalty."

Caesars Sportsbook ties the excitement of mobile sports betting to unmatched rewards via the industry-leading loyalty program, Caesars Rewards. Every wager placed rewards the bettor with Tier Credits for status and Reward Credits that can be used to unlock unbeatable Caesars Rewards experiences, discounted getaways at Caesars destinations across the U.S., bonus cash in their wagering account, and world-class culinary experiences. Caesars Sportsbook's designation as an "Official Sports Betting Partner" of the Cleveland Cavaliers provides Caesars Sportsbook bettors with special access to tickets, merchandise, and experiences that money can't buy like meet and greets with Cavs legends and much more. Caesars Entertainment is also an "Official Casino Partner" of the NBA Cleveland Cavaliers.

The Caesars Sportsbook app provides customers with multiple ways to deposit funds, faster payouts, and intuitive features that make getting a bet down easier than ever. In addition, sports bettors can enjoy live scoreboards, expanded in-play betting options, as well as same-game parlays, new cashout functionality, and more ways to wager with thousands of additional markets.

Starting today, eligible sports fans anywhere in Ohio can download the Caesars Sportsbook app, register, and deposit funds to take advantage of a special sign-up offer for first-time users.

Fund your account early and start with a $100 bet credit:

Register using promo code CZR1H and deposit at least $20 before Jan. 1, 2023

Receive a $100 bet credit for the day that mobile wagering goes live

Caesars Entertainment has a long legacy in Ohio through its offering of premium entertainment experiences at top horse racing and gaming destination Eldorado Gaming Scioto Downs in Columbus. The popular racino will open a state-of-the-art Caesars Sportsbook location to accept convenient cash-deposit sports wagers in person on the first day that legalized sports wagering goes live in Ohio. Leading up to sports betting's launch, the Caesars Sportsbook & Casino Truck will make stops at Scioto Downs and marquee sporting events across the state to engage and educate eligible sports fans on how to download the app and sports wager responsibly.

The partnership with the Cavaliers also includes plans to open a best-in-class retail sportsbook on the street level inside the Northwest Atrium area of the team's home venue, Rocket Mortgage FieldHouse. The new sportsbook, opening on 1 January, will mark the third at a U.S. professional sports facility for Caesars, adding to the historic first in-arena sportsbook of Caesars Sportsbook at Capital One Arena in Washington, D.C., and Caesars Sportsbook at Chase Field in Arizona.

Caesars is an industry leader in responsible gaming and responsible gaming education remains a key emphasis as Caesars Sportsbook continues to expand into new markets. The Caesars Sportsbook app has tools to encourage responsible play, including Deposit Limits, Spending Limits, Daily Time Limits, and Cool Off Time Limits.

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Caesars Entertainment expands Caesars Rewards program

Caesars Entertainment, the world's most diversified casino-entertainment provider, has raised the stakes once again, now offering more ways than ever to earn Caesars Rewards Tier Status with the new and improved Caesars Rewards Visa card, in partnership with Bread Financial. For the first time, new and existing Caesars Rewards members will earn not just Reward Credits but also have the opportunity to raise their Tier Status with every purchase made using their Caesars Rewards Visa card.

"Caesars Rewards is the largest loyalty program in the industry, and we continue to challenge ourselves to find new ways to reward our members and help get them the best offers and rewards in the business," said Josh Jones, Chief Marketing Officer of Caesars Entertainment. "We are thrilled that, with the help of our partner Bread Financial, our Caesars Rewards members now have even more opportunities to unlock the experiences and service that only Caesars Rewards can provide."

Through purchases made on their Caesars Rewards Visa card, Caesars Rewards members have long earned Reward Credits which members can use on casino play, dining, travel and entertainment at the more than 50 Caesars Rewards destinations, as well as for free play and sports bets on the new Caesars Sportsbook and Casino app. Under this expanded program, they will also earn Tier Credits that accumulate and unlock higher status levels and benefits through the Caesars Rewards program. All new and current Caesars Rewards Visa cardholders will automatically be eligible to earn Reward Credits and Tier Credits under the new program.

"Using our proprietary optimization process for value propositions, Bread Financial and Caesars Entertainment created an elevated Tier Credit program with enhanced rewards that meet the needs of Caesars' most loyal customers," said Val Greer, EVP and chief commercial officer, Bread Financial. "The updated earning program gives consumers the opportunity to earn even more Reward Credits back on dining, travel and entertainment for use on their next trip to any Caesars Rewards destination."

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Caesars Sportsbook to launch Caesars Racebook with NYRA Bets

Caesars Sportsbook, a division of Caesars Entertainment, Inc., and NYRABets LLC, the official online wagering platform of the New York Racing Association, Inc., today announced the launch of a new horse racing account wagering app, Caesars Racebook. Available for download this spring, Caesars Racebook will utilize the NYRAbets platform to provide bettors with pari-mutuel wagering services on premier horse racing content from more than 250 tracks around the world.

Caesars Racebook will offer wagering on marquee horse racing events in the United States, as well as on international tracks. The new app will also offer players all the additional benefits of NYRA Bets, including race replays, handicapping insights and more.

"Following our successful roll out of Caesars Sportsbook, we're delighted to launch Caesars Racebook in partnership with NYRA Bets," said Dan Shapiro, Senior Vice President and Chief Development Officer of Caesars Digital. "NYRA conducts world-class horse racing and NYRA Bets has access to the best horse racing content from around the world, including from Caesars-operated racetracks. We're proud to support the horse racing industry while introducing the new Caesars Racebook app and Caesars Rewards to horse racing bettors."

NYRA Bets, the fastest-growing national advance deposit wagering platform, is available in 30 states and continues to expand its reach and customer base throughout the country. NYRA Bets features a secure, state-of-the-art wagering platform that allows its customers to conveniently and securely watch and wager on horse races from their computers and mobile devices.

"NYRA considers it a core responsibility to grow the sport by increasing consumer access to world-class horse racing both in New York and around the country," said Dave O'Rourke, NYRA President & CEO. "Pairing the world-renowned Caesars brand with the rapidly growing NYRA Bets wagering platform is an ideal way to launch Caesars Racebook, which will soon deliver all the NYRA Bets tools and advantages to the Caesars customer base."

Horse racing and sports fans across the country will soon be able to download the Caesars Racebook app on iOS or Android. Similar to the Caesars Sportsbook app, every wager placed on Caesars Racebook will earn with Caesars Rewards.

Caesars is a longtime supporter of horse racing and operates racing at Harrah's Hoosier Park, Horseshoe Indianapolis, Harrah's Philadelphia, and Eldorado Gaming Scioto Downs. In 2021, Caesars announced plans to build and operate a Harrah's racetrack and casino in Columbus, Neb. The company is also the proud host of the National Thoroughbred Racing Association's National Handicapping Championship at Horseshoe Las Vegas.

In January, Caesars Sportsbook and NYRA unveiled a partnership establishing Caesars as an official sports betting marketing partner in New York and the title sponsor of the NYRA Turf Triple Series at Belmont Park and Saratoga Race Course. The new agreement significantly expands the partnership between NYRA Bets and Caesars Sportsbook.

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Caesars Sportsbook accepts largest sports bet ever11 February 2022

Mattress Mack has doubled down. This time placing the single-largest legal sports wager of all-time. Mack just bet $5,000,000 on the Cincinnati Bengals moneyline (+170) against the Los Angeles Rams in Super Bowl LVI, again using the Caesars Sportsbook app in Louisiana.

If the Bengals pull off the upset… Mack will collectively win: $16,207,800 from his nearly $10 million in bets (previous bet placed was $4,534,000 to win $7,707,800).

This $5 million bet officially surpasses the biggest legal sports wager ever placed, which was a $4.9 million bet at -900 odds during the 2002 Super Bowl. .

“Caesar – at least for the moment – is a Rams fan,” said Ken Fuchs, Head of Sports at Caesars Sportsbook. “With nearly $10 million invested by Mack at this point, it’s impossible to sleep on his Bengals conviction. His latest $5 million bet is the largest wager ever made. Bets like these are exactly why we love the Super Bowl and what we do every day, making sports more exciting for anyone who wants in – whether it’s the biggest bet in history or $10 put on the coin toss. We wish Mack the best with his play, and can’t wait for Sunday’s kickoff.”

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Caesars returns to full capacity gaming floors at all Las Vegas Resorts

Caesars Entertainment announced today that the Nevada Gaming Control Board has approved a return to full occupancy, without social distancing, on the casino floors at all nine of the company's Las Vegas properties.

The change comes through a Nevada Gaming Control Board waiver recognizing that Caesars Entertainment has taken measurable and material steps to vaccinate its workforce.

"The expansion to full capacity and the elimination of social distancing on our casino floors in Las Vegas is a result of our Team Members' commitment to doing their part to put us all on the road to recovery," said Tom Reeg, CEO of Caesars Entertainment. "We are grateful to our Team Members who have chosen to be vaccinated and will continue to offer incentives and provide easy, on-site access to vaccines for all of our Team Members in Las Vegas. While this shift is encouraging, we understand that the battle is not yet won, and it is through a continued commitment to health and safety that Las Vegas can most quickly rebound."

Caesars Entertainment Team Members will still be required to wear masks at all times. Guests will be required to wear masks unless actively smoking, eating, or drinking. Those guests who have been fully vaccinated are welcome to remove their masks when seated at any of the resorts' pool areas.

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Caesars Entertainment completes acquisition of William Hill

Caesars Entertainment, Inc. today announced that it has completed its acquisition of William Hill PLC for approximately $4.0 billion. The transaction gives Caesars ownership of one of the world’s leading betting and gambling companies and gives the company the ability to maximize the opportunity within sports betting and online gaming in the U.S.

“We are thrilled to complete the acquisition of William Hill, combining two of the premier operations in the sports betting and iGaming industries under one roof,” said Tom Reeg, CEO of Caesars Entertainment. “We look forward to announcing future sports partnerships that will drive long-term growth.”

The combined companies currently operate sports betting in 18 jurisdictions in the U.S., an industry-leading 13 of which offer mobile sports betting. The Company expects to be operational in 20 U.S. jurisdictions by the end of 2021.

The transaction further expands the reach of Caesars Rewards by providing William Hill members access to the Company’s industry-leading loyalty program, including the ability to earn tier status that can be used at all of the Company’s land-based and online properties. This combination also enables the Company to further enhance its services to customers by providing a single-wallet offering of sports betting and online gaming products across the enterprise in the future.

As previously disclosed, Caesars intends to sell the non-U.S. businesses currently owned by William Hill, including the U.K. and international online divisions and the retail betting shops.

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Caesars Entertainment expands partnership with National Football League

Caesars Entertainment, Inc. will become an Official Sports Betting Partner of the National Football League as part of an agreement that extends the groundbreaking partnership in which the Company became the League's first-ever casino sponsor.

The multi-year agreement, beginning with the upcoming 2021 NFL season, strengthens the partnership between two organizations, allowing Caesars to leverage NFL marks within the sports betting category and activate around retail and online sports betting, as well as engage fans with NFL-themed free-to-play games.

"We are thrilled to take our partnership with the National Football League to the next level," said Tom Reeg, CEO of Caesars Entertainment. "Sports betting and online gaming are the next frontiers for our industry, and we are committed to being where the players are. This expanded relationship allows us to introduce new ways for fans to play alongside their favorite teams, tied into our industry-leading Caesars Rewards program."

As an Official Sports Betting Partner, Caesars will integrate relevant sports betting content directly into NFL Media properties, including NFL.com and the NFL App. Caesars will partner with the League to create content and opportunities for engagement for both its legal online sports betting operations and its expansive retail sportsbook locations across the country.

"We're excited to expand our partnership with Caesars to include the fast-growing area of legalized sports betting," said Renie Anderson, Chief Revenue Officer and Executive Vice President of NFL Partnerships. "One of the world's largest gaming and entertainment companies, we look forward to continuing to work closely with Caesars to find new and innovative ways to engage with NFL fans."

Continuing as the Official Casino Sponsor of the NFL, Caesars retains its exclusive casino rights to use NFL trademarks in its marketing and provide unique experiences for NFL fans using its more than 50 casino properties, celebrity chefs, premier music artists, and a wide range of entertainment elements onsite. As the Official Casino Sponsor, Caesars will create tentpole activations at key NFL events, including the 2022 Pro Bowl and 2022 NFL Draft in Las Vegas and Super Bowl LIX in 2025 in New Orleans. The extended agreement also encompasses Caesars online iGaming applications where the Company will engage NFL fans beyond the traditional football season.

"Together, Caesars and the NFL are changing the way fans can experience football," said Eric Hession, Co-President of Caesars Sports & Online Gaming. "We will enable NFL fans to enjoy an enhanced experience at our casinos, in our sportsbooks, and online. Paired with the ability to earn Caesars Rewards credits and tier status that unlock incredible experiences, football season will be more exciting than ever."

In addition to its groundbreaking partnership with the NFL, Caesars Entertainment currently has relationships with seven individual NFL franchises, consisting of the Las Vegas Raiders, New Orleans Saints, Kansas City Chiefs, Indianapolis Colts, Baltimore Ravens, Atlanta Falcons, and Carolina Panthers, as well as sports media leader ESPN.

Caesars Entertainment shares the NFL's commitment to policies that protect the integrity of NFL games and protect consumers and will collaborate with the NFL on all aspects of this mission, including information sharing, advocacy efforts, and responsible gaming education.

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