Caesars CEO expects online sports betting to deliver profit by 2023 end as company scales back marketing spend

Caesars Entertainment’s CEO Tom Reeg expects the company’s digital gaming endeavors will become profitable by the end of fiscal year 2023, according to a report by Yahoo! Finance. The prediction comes as the casino giant seeks to cut sportsbook marketing in the US. “Obviously, the couple of quarters before footballContinue Reading Expects Record January and Strong 2022 Results

Gambling industry affiliate services provider released today its 2021 preliminary results and financial outlook for 2022 while providing an update on January’s performance. Preliminary 2021 Results The NASDAQ-traded, which released its first public report in August last year, estimates that its full-year ended December 31, 2021 revenue willContinue Reading