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Caesars completes $500m sale of World Series of Poker brand

Deals & M&A

Caesars Entertainment completed the sale of the World Series of Poker intellectual property to NSUS Group for $500m, the company announced. The consideration comprises $250m in cash and a $250m promissory note due five years after closing. Caesars retains rights to host the flagship live series for 20 years and to operate its WSOP Online poker business in four US states under an NSUS licence.

The completed sale changes ownership of the WSOP brand while preserving specified Caesars tournament and online operating rights.

End-of-day close Caesars Entertainment (CZR), USD, to 13 December 2024
Story date16 September 202413 December 2024

Latest reported results

Caesars Entertainment NASDAQ: CZR

Quarter ended 30 September 2026

Revenue
USD 2.94bn10-Q filing 0001590895-26-000033
Operating income
USD 457.0m10-Q filing 0001590895-26-000033

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