Industry Insight
Key Takeaways
  • An eagerly awaited independent report into the asset transfers within the Caesars conglomerate has not provided support for keeping the group’s assets out of the voluntary bankruptcy proceedings of Caesars Entertainment Operating Company (CEOC).
  • Italian gaming giant IGT, which merged with GTECH last year, has reported its first full year results since the merger.
  • A rake increase amounting to 4% as well as new revenues from New Jersey now that PokerStars has fully launched in the state regulated market, should give Amaya’s 2016 revenues a boost.

Caesars

An eagerly awaited independent report into the asset transfers within the Caesars conglomerate has not provided support for keeping the group’s assets out of the voluntary bankruptcy proceedings of Caesars Entertainment Operating Company (CEOC).