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Caesars Entertainment and Caesars Foundation Launch Economic Equity Tour to Build Stronger Communities and Workforce

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Caesars Entertainment and Caesars Foundation Launch Economic Equity Tour to Build Stronger Communities and WorkforceReading Time: 3 minutes

 

Six-City Tour will Provide Education and Skill Development to Current and Potential Employees, Suppliers and Community Members

 

Caesars Entertainment, one of the world’s most diversified casino-entertainment providers, and Caesars Foundation announced the launch of a six-city Economic Equity Tour aimed at providing equal access to skill-based education to potential and current employees, suppliers and community members.

The Tour, which is the first of its kind for the gaming and hospitality industry, will be led by industry experts including community leaders, successful entrepreneurs and business executives and will focus on advising and providing resources in the areas of financial literacy, workforce development and entrepreneurship, as well as providing potential business opportunities for diverse suppliers. Sessions include:

  • Workforce Development: Brings together both non-profit organizations and city/state departments to collaborate on best practices for recruiting and retention to develop a robust workforce pipeline for the community.
  • Non-profit Leadership: Focuses on best practices in fundraising, defining a value proposition and more. The goal will be to match the needs with companies and/or students in the area that can provide pro-bono services.
  • Financial Empowerment: Provides financial education and ongoing private support to help raise credit scores and become more fiscally responsible.
  • Small Business Development: Provides advice on core business elements such as capacity building, innovation, technology and access to capital. Additionally, participants will hear from procurement officials to learn about upcoming opportunities and how to do business with Caesars Entertainment.

“Equity is ensuring that everyone is provided with the correct resources and training they need to be successful, and equality is the fair and equal treatment of these individuals. At Caesars Entertainment, we choose to focus on creating programs and a culture that prioritizes both, which is why we’re excited to extend this commitment in the form of our first Economic Equity Tour,” said Gwen Migita, Social Impact & Inclusion Vice President and Chief Sustainability Officer. “Our goal with the Economic Equity Tour is to provide free and equal access to the necessary education and skills so that we can grow communities and build a strong pipeline of employees, suppliers and service providers.”

The Economic Equity Tour is an extension of Caesars’ commitment to achieving diversity, equity and inclusion by giving current and potential employees fair and equal access to the tools they need to be successful. More so, it aligns with Caesars’ mission to create thriving communities by providing small and diverse businesses, the cornerstone of economic growth in these areas, opportunities to grow and succeed.

The Economic Equity Tour will visit Caesars Entertainment properties in the following cities:

  • New Orleans, Louisiana:  July 16, 2019
  • Hammond, Indiana:  July 22, 2019
  • Bossier City, Louisiana:  August 13, 2019
  • Las Vegas, Nevada:  August 26, 2019
  • Baltimore, Maryland:  September 5, 2019
  • Elizabeth, Indiana:  September 23, 2019

To expand the reach and accessibility of the Tour, Caesars will be hosting a series of five webinars, facilitated by subject matter experts. Topics covered in these webinars include information on expanding the presence of women of color in business, small business development, marketing, branding and more.

You can learn more about the webinars and the Economic Equity Tour at www.CaesarsEconomicEquityTour.com. The Tour has been underwritten by Caesars Foundation, the charitable giving and community engagement program of Caesars Entertainment.

Beyond the Economic Equity Tour, Caesars Entertainment has recently launched initiatives related to its enterprise-wide commitment to equity, including the January launch of The Shared Future Fund, a new and innovative investment model used to create long-term positive change in the areas of human trafficking, homelessness and immigration. Caesars is also advancing its Gender Equity Initiative with an aspirational goal of lawfully achieving an equal representation of women and men in leadership by 2025.

 

About Caesars Entertainment Corporation:
Caesars Entertainment is one of the world’s most diversified casino-entertainment providers 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 its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. For more information, please visit www.caesars.com/corporate.

About Caesars Foundation:
Caesars Foundation is a private foundation funded by a portion of operating income from resorts owned or operated by Caesars Entertainment. The Foundation is the entity through which Caesars Entertainment funds programs and projects of $10,000 or more, as well as not-for-profit giving requirements imposed by certain operating jurisdictions. The Foundation’s objective is to strengthen organizations and programs in the communities where our employees and their families live and work. For more information, please visit www.caesarsfoundation.com

 

Source: Caesars Entertainment


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 and Caesars Foundation Launch Economic Equity Tour to Build Stronger Communities and Workforce

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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CASINO REVOLUCIÓN WELCOMES CONCEPT AND NEW GAMES

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The prominent operator Golden Lion Entertainment Group is expanding its partnership with Zitro by introducing the new CONCEPT cabinet line and a wide variety of new games at the Casino Revolución in Monterrey.

CONCEPT stands out for its powerful Magic Lighting, which creates a stunning light show synchronized with the game, delivering an impressive visual experience. Additionally, the Screen Deck enhances the user experience, providing greater comfort and functionality for both players and operators.

This new addition also includes three exclusive games: Legendary Sword, Triple Charm Journey, and Fairyland Quest, all of which feature high-quality graphics, innovative mechanics, and rewarding prizes.

Golden Lion expressed: “We are extremely pleased with the addition of the CONCEPT line and its new games, as they elevate our entertainment offering and improve the experience we deliver to our customers.”

Johnny Viveiros Ortiz, founder of Zitro, also commented: “We are grateful to Golden Lion for continuing to choose Zitro products. CONCEPT has been designed to offer an unparalleled gaming experience, and we are confident it will be a big hit with players in Monterrey”.

 

The post CASINO REVOLUCIÓN WELCOMES CONCEPT AND NEW GAMES appeared first on European Gaming Industry News.

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Vaulta and Ultra Embark on Strategic Partnership to Power the Future of Gaming and Finance

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This symbiotic partnership is the next step in Ultra’s vision of building the Netflix of Gaming, and effectively positions Ultra as Vaulta’s gaming arm. 

Vaulta, a scalable operating system powering Web3 Banking with fast, low-cost transactions and seamless blockchain connectivity, today announces a strategic partnership with Ultra, the one-stop destination for gamers, publishers, and developers.

This financial and technical alliance positions Ultra as Vaulta’s gaming arm and marks the next phase of Ultra’s ambition to lead the gaming space.

Together, Vaulta and Ultra will accelerate the creation of a full-service platform where digital assets can be tokenized, traded, and monetized across games, all powered by a fast, low-cost, and interoperable infrastructure. In addition to tokenized assets, this platform will also support decentralized marketplaces, cross-game integrations, and metaverse banking. 

Gus van Rijckevorsel, CEO of Ultra, shared, “By 2030, the Web3 gaming market is expected to grow to $615 billion, outpacing both movies and TV exponentially and signaling a major shift in how consumers engage with their entertainment. To harness this potential, the gaming industry needs better infrastructure designed for publishers, developers, and gamers, and we’re here to deliver that. We’re laser-focused on creating the content and structural partnerships necessary to make Ultra THE gaming platform recognized by the gaming industry. Vaulta is a major brick on that path, and this partnership is a solid foundation on which we build the future of gaming and finance. And at the core of this lasting partnership is a mutual alignment on our long-term interests.” 

This partnership supports Vaulta’s mission to drive innovation in tokenization and real-world asset integration,” said Yves La Rose, founder and CEO of Vaulta Foundation. “Ultra’s advanced gaming platform paired with Vaulta’s financial and DeFi infrastructure will enable decentralized marketplaces, cross-game asset utilization, and metaverse banking solutions. Positioning Ultra as Vaulta’s gaming hub provides a gateway to Gaming and GameFi opportunities to our community. At the heart of our collaboration is a shared ambition to elevate digital assets to the standards of traditional finance, empowering users with new financial opportunities powered by Web3.”

Convictions behind this partnership

  1. A new definition of the modern player 

Gone are the days when “player” meant just someone holding a controller. Ultra recognizes three types of players: gamers, viewers, and content creators, each with unique behaviors, needs, and expectations. In partnership with Vaulta, Ultra is building critical infrastructure to fit this new reality and serve all three player groups.

  1. Every industry will have its own chain 

Finance has Vaulta. Gaming has Ultra. Both chains are purpose-built and interoperable, aligning deeply with the needs of their respective audiences. Ultra is not adapting general-purpose tech. It’s building the backbone of the gaming industry from the ground up.

  1. UOS will be THE gaming currency 

Ultra is committed to establishing $UOS as the default currency for in-game transactions, rewards, and monetization across titles, platforms, and services. Just as the dollar dominates oil, $UOS will define value in gaming.

  1. Access and consumption of games will change 

Similar to how Netflix revolutionized film and Spotify transformed music, Ultra envisions a shift in how people access and engage with games. Gamers deserve immersive platforms. Developers desire tools and reach. Publishers demand data and performance. Ultra is building a complete ecosystem that puts them all first.

  1. Crypto must be treated with the same standards as traditional finance 

That’s why Ultra partners only with chains like Vaulta, ones that treat crypto with the same expectations as fiat: prioritising trust, utility, and transparency. Real utility demands real accountability.

  1. AI will unlock the next layer of personalized gaming

AI isn’t just a feature, it’s a fundamental shift in how players should experience games. That’s why Ultra is embedding AI deeply into its ecosystem to serve three purposes: hyper-personalization, real-time gameplay guidance, and intelligent ecosystem interaction. Players won’t just play, they’ll be guided, supported, and understood.

Building the Infrastructure for the Next Era

As co-leaders in blockchain innovation, this partnership is fundamentally guided by a shared purpose to serve the future of gaming, combining Vaulta’s financial rails with Ultra’s user-first infrastructure. 

The partnership aims to radically upgrade the outdated backbone of the gaming industry, delivering ultra-fast transactions, scalable gaming experiences, improved security, and new tools for developers and publishers.

Ultra serves three core clients – gamers, developers, and publishers –  and everything it builds is made to serve their needs. Ultra is building a complete ecosystem that puts them all first. This partnership enhances that mission with sharper tools, smarter systems, and better outcomes for each. 

Technical Exchange Details

The partnership will provide Ultra with access to:

  • Vaulta Spring framework: enabling improved scalability and security alongside a smoother user experience for its platform

  • Vaulta Banking OS framework: Offering enhancements in transaction speed and asset management, while giving Ultra’s gaming ecosystem access to the multi-chain interoperability (IBC) environment 

In exchange, Ultra will provide Vaulta with:

  • Ultratest: A next-generation smart contract testing framework, which allows developers to launch faster and more securely

  • MSIG Signing Tool: A breakthrough in secure gaming transactions and digital ownership

  • Predicate System: Reduces gas fees to make blockchain gaming more affordable and accessible 

  • HSM Signing Code hardware: Secure hardware signing for private key management 

Broader Impact and What’s Next

This partnership isn’t just about technology exchange, it represents a broader alignment of values between two industry-first platforms. As blockchain adoption deepens across industries, Vaulta and Ultra are taking the lead in building the specialized infrastructure needed to serve real users at scale. The partnership unlocks new opportunities and standards for what’s possible in digital entertainment.

At the same time, it supports Vaulta’s broader goal of engaging directly with industry leaders to build the next iteration of global finance, through real use cases, real infrastructure, and real collaboration. More partnerships will follow in the coming weeks, all designed to unlock new use cases, drive innovation, and accelerate adoption across the digital economy.

This partnership follows Vaulta’s recent rebrand (previously EOS Network) and strategic alignment to Web3 Banking, and comes on the heels of key milestones in Ultra’s 2025 roadmap, including the closing of a $12 million round led by NOIA Capital and the key c-suite appointment of Maxime van Steenberghe as Ultra’s new COO. 

The post Vaulta and Ultra Embark on Strategic Partnership to Power the Future of Gaming and Finance appeared first on European Gaming Industry News.

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Legalizing Online Casino Gaming Could Generate Over $18 Billion in Tax Revenue to US States

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Legalizing online casino gaming could add $18.4 billion to US state budgets, a new study says.

The report, conducted by online casino comparison site BonusFinder.com, analyzed tax revenue generated by online casinos across the seven US states where they are already legal — Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, Rhode Island, and West Virginia — to estimate the total economic impact.

Based on average per-adult spending of $262.40 in those markets, the researchers estimated how much revenue the remaining 44 jurisdictions, including Washington D.C., could generate if they adopted similar legislation.

In total, the study estimated that the states are leaving up to $62 billion in gross revenue on the table.

With a 30% tax rate — an average of the seven states with legal online casino gaming— this would translate into $18.4 billion in tax income annually. Even with a more conservative tax rate of 20%, the figures could reach $12.3 billion.

California is estimated to be missing out on the most — with the analysis showing that its adult population of approximately 31 million could generate up to $2.4 billion in annual tax revenue.

“These numbers highlight two problems,” said Luciano Passavanti, Vice President at BonusFinder.com. “States are missing out on billions in tax revenue, and consumers are being pushed to platforms that don’t offer the same safety, accountability, or responsible gaming tools as licensed operators.”

This concern is backed by a recent report from research firm Yield Sec, which found that 74% of gross gaming revenue in the US in 2023 — totaling $67.1 billion — came from unlicensed, illegal, and unregulated operators.

That means the vast majority of online gambling activity is still happening outside state oversight — costing governments billions in potential tax income and leaving players vulnerable.

“The demand for online casino gaming already exists — but right now, the money is flowing offshore,” Passavanti added. “States that act now have the chance to bring that revenue back into their own economies, and to do so responsibly.”

States where online casino gaming is already legal are directing the funds into essential public services. In Michigan, more than $400 million from iGaming taxes, which includes both online sports betting and online casinos, went to the School Aid Fund, $4 million to the First Responder Presumed Coverage Fund and $3.7 million to the state’s agricultural and equine development programs.

Beyond the financial upside, regulated online casino markets allow states to implement age verification, deposit limits, and self-exclusion tools, offering far stronger consumer protections than offshore operators.

“With over $18 billion in annual tax revenue potentially at stake, the case for legalization is becoming harder to ignore.” Passavanti said.

“As states continue to explore ways to balance budgets and modernize outdated gambling laws, regulated online casinos could offer both financial upside and meaningful consumer protections — if policymakers are ready to act.”

The post Legalizing Online Casino Gaming Could Generate Over $18 Billion in Tax Revenue to US States appeared first on European Gaming Industry News.

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