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Caesars Entertainment

Twin River to Acquire Tropicana Evansville from Caesars Entertainment

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Twin River Worldwide Holdings has entered into a deal to acquire the Tropicana Evansville casino operations from Caesars Entertainment.

As part of the acquisition, Gaming and Leisure Properties, Inc. (GLPI), a publicly traded gaming-focused real estate investment trust (REIT), will acquire the Evansville casino real estate for $340 million and lease it back to Twin River for $28 million/year in rent, subject to escalation.

Twin River will also acquire unencumbered rights to the sports betting and iGaming skins associated with the Evansville operations to access the growing Indiana market as part of the transaction.

“This transaction is consistent with our core strategy of acquiring strategic gaming assets at attractive valuations and, importantly, represents the Company’s entry into a 10th state. It also provides us with access to an attractive Indiana gaming market, in which we will look to significantly advance our mobile and online sports betting and iGaming initiatives. We believe this property is a great fit for our portfolio. We are acquiring the operations at a value accretive multiple, while also enhancing our interactive offerings,” George Papanier, President and Chief Executive Officer of Twin River, said.

The transaction is expected to close in mid-2021, subject to receipt of required regulatory approvals and other customary closing conditions.

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ALT Sports Data

ALT Sports Data Announces a New Partnership with Caesars Entertainment

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ALT Sports Data, a global leader in engagement solutions and official data for emerging sports, has announced a new partnership with Caesars Entertainment. The partnership powers a new, next-generation Formula 1 betting product for Caesars’ sports betting platforms, delivering one of the most advanced wagering experiences ever offered on motorsports across Caesars Sportsbook and William Hill digital and retail platforms.

Caesars Sportsbook and William Hill will leverage ALT Sports Data’s proprietary Formula 1 models, pricing, and real-time data infrastructure to offer a comprehensive and differentiated suite of betting markets. Built on sub-second latency data and hundreds of inputs per car, the platform enables dynamic pricing and continuous market recalibration throughout Formula 1 race weekends.

The product introduces a new category of Formula 1 betting, combining pre-race, in-race, and micro-market opportunities into a single, integrated experience. This includes live race micro markets, predictive driver performance modeling, and large-scale race simulations that generate thousands of possible race outcomes per event, allowing for deeper and more accurate pricing across every lap.

“Formula 1 is one of the most complex and data-rich environments in global sport, and that complexity creates an opportunity to completely redefine the betting experience. Our platform is designed to unlock that potential at scale, and partnering with Caesars allows us to bring a truly differentiated, always-on product to market that reflects the speed, strategy, and unpredictability of Formula 1,” said Joe Dunnigan, CEO and Founder of ALT Sports Data.

“Formula 1 continues to captivate fans with its intensity, strategy, and constant innovation. By integrating ALT Sports Data’s advanced modeling and real-time official data, we’re able to elevate our Formula 1 offering and give customers a more dynamic way to experience every moment of the race weekend,” said Eric Hession, President of Caesars Digital.

In addition to core markets such as race winner and podium finishes, Caesars and William Hill will offer an expanded set of in-play and micro markets, including lap-by-lap driver matchups, fastest segment performance, pit stop outcomes, overtakes, and position-based milestones. These markets are designed to evolve in real time, enabling a true race-within-a-race experience for bettors.

As the Official and Exclusive Betting Data Supplier of Formula 1, ALT Sports Data is building the foundational infrastructure to support the sport’s growing focus on regulated sports betting and fan engagement. With Formula 1 increasing its investment in official betting partnerships and data-driven engagement, the expansion of sophisticated betting products represents a key strategic initiative for the league and its global ecosystem.

The agreement further establishes ALT Sports Data as a key infrastructure partner for sportsbooks and leagues seeking to unlock the next phase of growth in global sports betting through official data, advanced modeling, and real-time fan engagement.

The post ALT Sports Data Announces a New Partnership with Caesars Entertainment appeared first on Americas iGaming & Sports Betting News.

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Caesars Entertainment

Gaming Corps takes slots and originals live on Caesars’ US online casinos

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Gaming Corps has partnered with Caesars Entertainment to launch a selection of its online casino titles across Caesars Palace Online Casino, Caesars Sportsbook & Casino and Horseshoe Online Casino.

Caesars will integrate a mix of Gaming Corps releases, including 3 Pigs of Olympus, Smash4Cash™ powered Piggy Smash and Blackjack Multihand. The rollout also includes alternative formats such as mine-style games Shootout Champion and Penalty Champion, plus Plinko Slam Dunk.

Adam Pentecost, Chief Revenue Officer at Gaming Corps, said: “Caesars stands as one of the most iconic brands in global gaming, so seeing our titles go live on their online casino platforms is a very exciting moment for the studio. This partnership opens the door to a wide and highly active player base and collaborating with an operator of Caesars’ stature represents a major step forward in our North American growth.”

Ricardo Cornejo Rivas, Vice President of Online Gaming at Caesars Entertainment said: “Expanding our online casino portfolio with partners like Gaming Corps allows us to continue giving players new ways to engage with our platforms. Their diverse range of titles adds depth and variety to our content lineup and supports our focus on delivering an experience that keeps players entertained.”

Financial terms, market-by-market availability, and a rollout timeline were not disclosed.

The post Gaming Corps takes slots and originals live on Caesars’ US online casinos appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Adam Pentecost Chief Revenue Officer at Gaming Corps

Gaming Corps Partners with Caesars Entertainment to Expand North American Reach

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Gaming Corps – a publicly-listed game development company based in Sweden, has entered into a new partnership with Caesars Entertainment, bringing a selection of the studio’s most recognisable titles to Caesars Palace Online Casino, Caesars Sportsbook & Casino and Horseshoe Online Casino.

The agreement will see Caesars integrate a mix of Gaming Corps content onto its marquee online casino platforms, including the highly successful 3 Pigs of Olympus, the Smash4Cash™ powered Piggy Smash and the table-style release Blackjack Multihand. The rollout also features a range of alternative formats, from the mine-style experiences Shootout Champion and Penalty Champion to the fast-paced Plinko Slam Dunk, highlighting the studio’s strength across multiple gameplay verticals.

The partnership marks another important step in Gaming Corps’ expansion across regulated North American markets, strengthening the studio’s presence with one of the most recognised entertainment and gaming brands in the industry.

Adam Pentecost, Chief Revenue Officer at Gaming Corps, said: “Caesars stands as one of the most iconic brands in global gaming, so seeing our titles go live on their online casino platforms is a very exciting moment for the studio. This partnership opens the door to a wide and highly active player base and collaborating with an operator of Caesars’ stature represents a major step forward in our North American growth.”

Ricardo Cornejo Rivas, Vice President of Online Gaming at Caesars Entertainment said: “Expanding our online casino portfolio with partners like Gaming Corps allows us to continue giving players new ways to engage with our platforms. Their diverse range of titles adds depth and variety to our content lineup and supports our focus on delivering an experience that keeps players entertained.”

The post Gaming Corps Partners with Caesars Entertainment to Expand North American Reach appeared first on Americas iGaming & Sports Betting News.

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