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Caesars Entertainment Announces Agreement with Carl C. Icahn

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Three New Directors Appointed to Board

 

Caesars Entertainment Corporation announced that it has entered into an agreement with Carl C. Icahn and affiliated entities regarding, among other things, the membership and composition of the Company’s Board of Directors.

Under the terms of the agreement, Keith Cozza, Courtney Mather and James Nelson are being appointed to Caesars’ Board of Directors, effective immediately.  These appointments are subject to customary regulatory approval. In connection with the director appointments, three existing directors will step down from the Board, effective immediately. The agreement also provides the Icahn Group the right to appoint a fourth representative to the Board if a new Chief Executive Officer who is acceptable to new directors is not named within 45 days of this agreement.

“Our new colleagues bring diverse and relevant experience, and we look forward to them joining our board in our ongoing efforts to further enhance value for all shareholders,” said James Hunt, Chairman of the Board. “Since the completion of Caesars’ restructuring, we have been undergoing a strategic process to create value, and we will continue that process working with our new directors.” Hunt added, “On behalf of the entire Board and Caesars’ nearly 68,000 employees, I want to thank our departing director colleagues for their distinguished and tireless service to the Company.”

Carl Icahn commented: “I believe the best path forward for Caesars requires a thorough strategic process to sell or merge the company to further develop its already strong regional presence, which will allow Caesars to continue to take advantage of the Caesars Rewards program bringing more and more players into Caesars’ Vegas market. I expect this to make Caesars the most powerful competitor in Vegas, the gaming capital of the world.  Caesars would be a great opportunity for certain investors who have already expressed interest, and I’m glad the Board will explore these opportunities.  Independent of strategic alternatives, I believe Caesars should also be focused on leadership succession, disciplined capital allocation, improving operating performance and optimizing real estate and other assets.”

Messrs. Mather and Cozza will each serve a term expiring at Caesars Entertainment’s 2019 Annual Meeting of Stockholders (the “2019 Annual Meeting”), and will be nominated by the Company on its slate of nominees for election as directors at the 2019 Annual Meeting. Mr. Nelson will serve in the class of directors who will be elected at the 2020 Annual Stockholders Meeting.

Pursuant to the agreement, the Icahn Group, which beneficially owns 9.78% of Caesars’ outstanding shares, has agreed to vote all of its shares in favor of each of Caesars’ Board nominees at the Company’s 2019 Annual Meeting, which has not yet been scheduled and thereafter while its designees are board members. The Icahn Group will also be subject to certain customary standstill provisions.

Mr. Cozza will join the Governance and Corporate Responsibility Committee, Mr. Mather will be appointed to the Company’s Compensation and Management Development Committee, and Mr. Nelson will be appointed to the Company’s Audit Committee. Additionally, Messrs. Cozza and Mather will be appointed to the Strategy and Finance Committee and the Ad Hoc CEO Search Committee.

In connection with the 2019 Annual Meeting, the Board will propose further enhancements to its governance processes, asking that stockholders approve amendments to its Certificate of Incorporation to (i) permit stockholders owning at least 15% of the Company’s outstanding shares to call a special meeting of stockholders and (ii) prohibit the adoption of a stockholder rights plan with a triggering threshold below 20% of the then outstanding shares, except in limited circumstances.

 

About Caesars Entertainment:

Caesars Entertainment is the world’s most diversified casino-entertainment provider and the most geographically diverse U.S. casino-entertainment company. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment’s resorts operate primarily under the Caesars®, Harrah’s® and Horseshoe® brand names. Caesars Entertainment’s portfolio also includes the Caesars Entertainment UK family of casinos. Caesars Entertainment is focused on building loyalty and value with its guests through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership. Caesars Entertainment is committed to environmental sustainability and energy conservation and recognizes the importance of being a responsible steward of the environment. For more information, please visit www.caesars.com

 

Source: Caesars Entertainment Corporation


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Caesars Entertainment Announces Agreement with Carl C. Icahn

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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7 Best Crypto & Bitcoin Casinos for August 2025

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SatoshiGamblers just released their brutal August 2025 rankings for crypto casino platforms. These maniacs spent months getting rekt by scam operators so you don’t have to. The crypto gambling world is full of exit scams and frozen withdrawals, but their team found seven bitcoin casino sites that actually pay out.

The bitcoin casino industry is completely fucked right now. Every day brings another “revolutionary” platform promising instant riches. Most steal your money faster than a pickpocket in Vegas. Smart players stick with SatoshiGamblers.com because they’re the only crypto casino reviews site crazy enough to deposit real money and call out the scammers by name.

Their crew got destroyed testing 200+ crypto gaming platforms over six months. Lost thousands finding which ones actually work. These seven bitcoin casino games sites survived the torture test. Real deposits, real games, real withdrawals that actually hit wallets.

TOP 7 Bitcoin & Crypto Casinos for August 2025

Casino Welcome Bonus Player Rating
Claps Casino 170% + 35 FS (No Wagering) ⭐ 4.9
Stake $55 Stake Cash + 550K GC ⭐ 4.8
BC.Game 100% + 400 FS + 20 Free Bets ⭐ 4.8
Rollbit $500 Trading Bonus + Futures ⭐ 4.7
Roobet 20% Cashback + Exclusive Games ⭐ 4.7
Thunderpick 100% + 500 FS + Esports ⭐ 4.6
Wild.io 200% + Weekly Cashback ⭐ 4.6

Top 7 Bitcoin & Crypto Casinos – Complete Analysis

Claps Casino – Best Overall Crypto Casino Experience

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Platform Details:

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Stake – The Crypto Casino Empire

Stake survived seven years without exit scamming, which makes them ancient in crypto years. They kept paying during every bear market while smaller bitcoin casino sites vanished with player funds. Eddie’s streams alone bring more traffic than most platforms see in a year.

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BC.Game – Crypto Casino Games Overload

BC.Game collected 8,000+ games like some kind of digital hoarder. Their crash games alone will ruin your sleep schedule and bank account. If you get bored here, gambling might not be your problem.

Platform Overview:

  • Established: 2017
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Bonus Madness:

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Game selection is absolutely ridiculous. Slots, tables, crash games, sports betting, lottery tickets. Everything works on mobile without crashing every five minutes. This crypto gambling site accepts more random coins than most exchanges even list.

Rollbit – Trading Meets Crypto Gambling

Rollbit figured out how to lose money twice as fast by combining crypto trading with casino games. Their 1000x leverage trading battles attract the most degenerate gamblers and traders under one cursed roof.

Platform Intel:

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  • License: Curaçao eGaming
  • Games: 2,500+ plus trading features
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  • Specialty: Trading competitions + casino

Hybrid Bonuses:

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Trade shitcoins with insane leverage while spinning slots between positions. Perfect recipe for complete financial destruction. This bitcoin casino sites hybrid attracts people who think regular gambling isn’t risky enough.

Roobet – Streamer’s Paradise Casino

Every Twitch gambling streamer uses Roobet because it actually works during live streams. No lag, no crashes, no mysterious “technical difficulties” when someone hits big. The platform handles thousands of viewers without breaking.

Streaming Stats:

  • Launched: 2019
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  • Games: 3,000+ streamer favorites
  • Withdrawal: 1-4 hours
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Creator Benefits:

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Streamers love Roobet because the cashback actually shows up without begging customer support for weeks. Chat integration works perfectly for giveaways. This crypto casino online understands that content creators built the entire industry.

Thunderpick – Esports Betting Revolution

Thunderpick mixed esports betting with traditional casino games for kids who grew up watching competitive gaming. Bet on CS:GO pros in the morning, spin slots during lunch break, place Dota 2 wagers before bed.

Gaming Focus:

  • Established: 2017
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  • Games: 3,000+ plus full esports book
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Gamer Rewards:

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Wild.io – Modern Crypto Casino Excellence

Wild.io launched last year with everything players actually want – fast loading, readable terms, mobile that doesn’t suck, and withdrawals that work. Shows what happens when competent people build a platform from scratch.

Modern Features:

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Why Crypto Casino Dominates Traditional Gambling

Regular online casinos still operate like it’s 1995. They want passport scans, utility bills, blood samples, and your mother’s maiden name before letting you play. Meanwhile crypto casino platforms processed three withdrawals and started the next session.

Bitcoin casino sites skip the banking middleman entirely. Most crypto gaming operations only need an email address to start playing. No waiting three days for bank transfers or explaining gambling charges to your spouse.

Provably fair systems let you verify every game result yourself. Good luck getting that transparency from Vegas casinos. Crypto gambling sites offer better bonuses because they don’t pay ridiculous fees to credit card companies.

Our Choice – Claps Casino: Best Overall Crypto Casino Excellence

Claps Casino earned the top spot by actually delivering what they promise. Most bitcoin casino operators advertise instant payouts then suddenly need “additional verification” when you win big. Claps processes everything under 10 minutes without inventing new hoops to jump through.

Their zero-wagering bonuses aren’t marketing tricks with impossible fine print. Win money, keep money, withdraw money. Customer support responds with solutions instead of copy-paste excuses.

Thousands of players already migrated to Claps because it actually works. Fast payouts, honest bonuses, human support. Experience what crypto gambling should have been from the beginning.

The post 7 Best Crypto & Bitcoin Casinos for August 2025 appeared first on European Gaming Industry News.

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Evolution launches Ice Fishing, the fast-paced game show with up to 5,000x win potential

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Evolution announced the launch of Ice Fishing, a fast-paced new addition to its live game show portfolio, first revealed at ICE 2025. Set against an arctic backdrop, Ice Fishing puts a fresh spin on the big money wheel format, with three unique bonus games, suspenseful gameplay, and multiplier wins of up to 5,000x.

At the centre of the game is a 53-segment wheel, where each spin can award an instant cash prize or trigger one of three themed bonus rounds: Lil’ Blues, Big Oranges, and Huge Reds. Each bonus offers its own gameplay style and multiplier potential — up to 100x, 200x and 500x respectively.

Enhancing the excitement are multiplier boosts that can land during the main game and carry through into the bonus rounds. This adds an extra layer of anticipation and a max win potential of up to 5,000x.

Todd Haushalter, Evolution’s Chief Product Officer, said: “We’ve wanted to create a speed game show for a long time, as we’re seeing a growing audience that craves faster, more instantly gratifying formats. It’s a trend not unlike the rising preference for TikTok-style shorts over long-form video. Ice Fishing is our take on that idea. It’s fast, fun, and packed with dramatic gameplay.”

Haushalter added: “The magic lies in the anticipation, waiting to see what kind of fish players will catch and how big the outcome might be. There are little surprises and bursts of excitement woven into the entertainment experience, and we think players will enjoy uncovering them. We’re genuinely excited about this format, as it opens the door to a new style of rapid game show with strong potential.”

The post Evolution launches Ice Fishing, the fast-paced game show with up to 5,000x win potential appeared first on European Gaming Industry News.

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BETBY KICKS OFF FOOTBALL SEASON WITH NEW IN-HOUSE SOCCER TRADING MODEL FEATURING EXCLUSIVE MARKETS AND BIGGER MARGINS

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BETBY, a premium supplier of cutting-edge sportsbook solutions, has unveiled a game-changing addition to its product portfolio: a proprietary trading model for soccer, developed entirely by the provider’s in-house trading experts. This tool leverages advanced mathematical models to deliver exclusive, localized markets across all league tiers, offering significant competitive advantages to BETBY’s network of operators.

The new semi-automated model allows BETBY to generate precise and dynamic odds from raw data inputs, significantly reducing reliance on third-party feed providers. Once the data is inserted, the model autonomously creates accurate odds that require only minimal monitoring from the trading team. This streamlined process empowers operators to achieve new levels of efficiency, while unlocking unique markets that would otherwise be inaccessible.

Designed to support both top-tier leagues and underexplored competitions, the model opens the door to a broader and more customizable betting offering. With greater control over market creation, operators can now launch exclusive tournaments and leagues tailored to their user base, enhancing conversion, retention, and engagement.

The rollout of BETBY’s in-house soccer trading model coincides with the start of most European soccer seasons, giving operators an immediate edge as betting activity surges.

“Our in-house soccer trading model marks a significant advancement in sportsbook flexibility and performance,” said Andris Backovs, Head of Trading at BETBY. “By combining expert insights with advanced automation, we’re helping our partners strengthen their market offering, improve trading margins, and unlock the potential for exclusive tournament experiences, just in time for the kickoff of Europe’s top leagues.”

This latest product launch underscores BETBY’s ongoing commitment to technological excellence and market adaptability. It reinforces the provider’s position as a forward-thinking partner for operators seeking smarter solutions in the iGaming industry.

The post BETBY KICKS OFF FOOTBALL SEASON WITH NEW IN-HOUSE SOCCER TRADING MODEL FEATURING EXCLUSIVE MARKETS AND BIGGER MARGINS appeared first on European Gaming Industry News.

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