Following a few years that generated added losses that extended to over $1.1 billion, Tom Reeg, Caesar’s chief executive officer, announced that the gambling brand is predicted to be finally profitable in 2024.
As quoted by Bloomberg, Reeg says that the brand is “anticipating that digital on a full-year basis will be an Ebitda contributor for us this year”. He also added that Caesars’ analysis includes sports betting and online casino and they hope that both will generate revenue.
He also blamed the lack of profit in the past years due to interest, taxes, depreciation and amortization, but confirmed the company is limiting its losses.
How old is Caesars Online Casino?
Founded by Caesars Interactive Entertainment (CIE), Caesars Online Casino is a subsidiary of Caesars Entertainment Corporation. Its online casino platform was unveiled in 2013 and initially offered a limited selection of games, but it has since expanded to offer a wide range of casino games, including slots, table games, and video poker.
Nowadays this brand is a leading provider of online gaming and sports betting in the United States, with a portfolio of well-known brands, including Caesars Casino, Harrah’s Casino, and WSOP.com.
The company operates in several states where online gambling is legal and regulated, and is licensed and regulated by the state gaming authorities in each state where it operates.
Even though it took them almost a decade to break even and announce profitability, according to Caesars casino review, the general consensus among users is that the Caesars online casino offers a pleasant experience to the customer.
In which US states are Caesars online casino legal?
Currently, Caesars Online Casino is only legal and available in some specific states where online gambling is regulated and licensed. As of today, Caesars Online Casino was available in these states:
- New Jersey
- West Virginia
However, if instead, you are looking for a Caesars sports betting app, then 19 states apply Colorado, New Jersey, Iowa, West Virginia, Illinois, Indiana, Michigan, Virginia, Tennessee, Pennsylvania, New York, and Arizona.
It’s essential to note that the legitimacy of online gambling and online casinos can vary by district and state, and the availability of Caesars Online Casino may change over time as laws and regulations evolve.
It’s always vital to guarantee that online gambling is legal in your state before making an effort to play on any online casino platform.
What Games Can You Play In Caesars Casino?
Caesars Online Casino offers a wide range of casino games, including:
- Slots: Caesars offers a large selection of slot games, including classic slots, video slots, and progressive jackpot slots.
- Table Games: Players can enjoy a variety of popular table games such as blackjack, roulette, baccarat, craps, and Three Card Poker.
- Video Poker: Caesars offers a wide selection of video poker games, including popular titles such as Jacks or Better, Deuces Wild, and Bonus Poker.
- Live Dealer Games: Caesars offers live dealer versions of some popular table games, including blackjack, roulette, and baccarat.
- Sports Betting: Caesars also offers a sportsbook where players can place bets on a variety of sports and events.
The specific selection of games may vary by state, as Caesars operates in several states where online gambling is legal and regulated.
In addition, Caesars may add or remove games from its platform over time, so it’s always best to check the platform directly for the most up-to-date selection of games.
Payment Methods Available
Caesars Online Casino offers a variety of payment methods to make deposits and withdrawals. The specific payment methods available may vary by state, and it’s always best to check with the platform directly for the most up-to-date information. Here are some of the common payment methods that may be available at Caesars Online Casino:
- Credit/debit cards (Visa, Mastercard, American Express)
- Bank transfer (ACH/eCheck)
- Online banking transfer (Bill Pay)
- Cash at the casino cage (in-person deposit and withdrawal)
What about crypto as a payment method?
Unfortunately, due to US gambling laws, Caesars online casino does not offer cryptocurrency as a method of payment just yet. It is likely they will introduce it in the future if the legislation in the country advances.