Caesars Sells World Series of Poker to Online Gambling Operator for $500 Million

Subscribe

Live TV Markets

Economics

Industries

Tech

Politics

Businessweek

Opinion

More US Edition Industries Deals Caesars Entertainment Inc. has agreed to sell its World Series of Poker brand to online gambling operator NSUS Group Inc. for $500 million.Half of the proceeds will be in cash and the rest in a promissory note due in five years, according to a statement from the company. Have a confidential tip for our reporters? Get in Touch Before it’s here, it’s on the Bloomberg Terminal More From Bloomberg Spring Meetings Of The International Monetary Fund And World Bank Steven Mnuchin Says It’s Time to Kill the New Treasury Bond He Created Harris Picks Minnesota Governor Walz For Ticket Harris VP Pick Walz’s Long History With China May Prove Awkward Harris Taps Minnesota’s Walz in Appeal to Blue-Collar Workers Airbnb Shares Slide By Record on Weak Outlook, Bookings updated an hour ago Top Reads Yosemite National Park Is a Mess by Laura Bliss Private Credit Fund Burned by Risky Bets Is Bleeding Cashby John Sage and Ellen Schneider Layoffs Are More Expensive for Companies Than You Thinkby Matthew Boyle and Mathieu Benhamou Who’s Winning at the Paris 2024 Summer Olympics? by Jeremy Diamond, Cedric Sam, Alex Graves and Brittany Harris Home BTV+ Market Data Opinion Audio Originals Magazine Events News Markets Economics Technology Politics Green Crypto AI Work & Life Wealth Pursuits Businessweek CityLab Equality Pursuits Work Shift Market Data Stocks Commodities Rates & Bonds Currencies Futures Sectors Economic Calendar Explore Newsletters Explainers The Big Take Graphics Submit a Tip About Us Terms of Service Trademarks Privacy Policy

Click here to view original web page at www.bloomberg.com

Leave a Reply

Your email address will not be published. Required fields are marked *