Caesars Interactive Makes Deal with Net Entertainment

Net Entertainment (NetEnt) has entered into a content distribution agreement with Caesars Interactive Entertainment (CIE). Under the agreement, content developer NetEnt will provide a full suite of casino games for both desktop and mobile to CIE, which has operations across online, mobile and social platforms in the US. The deal will initially cover CaesarsCasino.com, CIE’s online gaming brand in the state of New Jersey. NetEnt has not yet been granted permission to offer games in the state, but has applied for a licence and is awaiting approval from New Jersey regulators to commence operations, while its application for a full…

Caesars Pays $15,000 for Online Gaming Violation

Caesars Interactive Entertainment is the online gambling section of the Caesars Entertainment company, providing online gaming options for players located within the borders of New Jersey. The New Jersey Gaming Enforcement Division has fined the group $15,000 for an online gambling violation involving gamblers who are on the self-exclusion list of the state. The self-exclusion list is a list for gamblers who want to prevent themselves from taking part in casino gaming. Players can add their name to the list so they will not be allowed to enter in to any gaming facilities. Caesars Entertainment was fined for soliciting the…

Impressive Q1 Profits for Caesars Interactive

US operator Caesars Acquisition Company has said that its Caesars Interactive Entertainment business unit was able to achieve “impressive” results during the three months through to March 31. Net revenue generated by the Caesars Interactive division amounted to $176.6 million (€156.2 million) in the first quarter, which represents an increase of 42.2% on the $124.2 million posted in the same period last year. Income from operations rocketed by 666% to $40.6 million while net income from continuing operations also shot up by 992% to $27.3 million. In addition, adjusted earnings before interest, tax, depreciation and amortization (EBITDA) grew by 101.3%…

Caesars Interactive completes High 5 Games launch in New Jersey

iGaming Business – US operator Caesars Interactive Entertainment (CIE) has completed the launch of real-money slot titles from land-based, online, mobile and social games developer High 5 Games on its CaesarsCasino.com platform in the US state of New Jersey. The deal, which will see High 5 Games become CIE’s first online gaming partner in the state, will enable CaesarsCasino.com customers in New Jersey to access titles such as ‘Dangerous Beauty’ and ‘Jaguar Princess’. High 5 Games also said 34 more of its “premium” games would be made available on the CaesarsCasino.com platform by the third quarter of 2014. The announcement…

Caesar’s Interactive rules social casino games… again!

Venture Beat – Caesar’s Interactive Entertainment held its position as the No. 1 social casino gaming publisher in the third quarter, according to market research firm Eilers Research. But overall revenue in the sector was flat in quarter. Growth in the mobile and tablet sector wasn’t able to offset a 7 percent decline in Facebook social casino game revenues. During the quarter, Caesar’s launched Caesar’s Slots and World Series of Poker (previously licensed to Electronic Arts). Slotmania, the marquee title for Caesar’s, saw its revenue fall during the quarter. It’s not clear if this was a result of a shift…