Press Releases
Caesars to develop new resort in Mexico
Caesars Entertainment Corporation, a US-based casino and resort developer, has announced that it would start its new non-gaming resort in Mexico. This will be the third of resort of this kind in the company’s stable, with the first two being in Dubai.
The new resort is titled “The Caesars Palace Luxury Resort in Puerto Los Cabos,” and it is going to be set up at Baja, Mexico. Estimated to cost $200 million, the resort will feature 500 hotel rooms and suites, restaurants, an entertainment venue, a gym, spa, tennis courts, and golf courses as well as a 40,000-square-foot convention centre.
Justifying its selection, the company stated a 40% rise in airline passengers visiting the region from the US and Canada over the last three years as the chief reason for its decision to expand.
Construction on the property will commence during the first half of 2019, with local property development company Grupo Questro handling the construction phase.
Upon completion of the property development, Caesars Entertainment Corporation will take over management of the property, receiving a licensing and management fee.
Speaking about the company’s newest investment, Caesars Entertainment President and Chief Executive Officer, Mark Frissora said: “Bringing Caesars Palace to Puerto Los Cabos will represent further progress on our strategy to expand the company’s non-gaming businesses into premiere resort and gateway destinations.”
“This resort will represent our first investment in Mexico, and it speaks to the global strength of the Caesars brand.”
Sentiments were echoed by Eduardo Sanchez Navarro Rivera Torres, Executive President of Grupo Questro who added: “We are very excited to work with our new partners to help bring the Caesars brand to Puerto Los Cabos. Caesars is known around the world, and we are confident that this luxury resort will be an incredible asset for global visitors.”
If reports are to be believed, Caesars may also add another new market to its casino offering, with Australian media sources reporting the company’s Head of International Development, Steven Tight, has been wining and dining officials from Queensland’s Gold Coast tourism department in an effort to give Caesars integrated resorts plans there a leg-up.
Latest News
Fast Track welcomes PolarLotto: taking online lotto in Sweden to new heights
Malta, 28th March 2024 – PolarLotto, a leading provider of lotto betting services in Sweden, has just announced a strategic partnership with Fast Track, a leading provider of CRM solutions designed specifically for the iGaming industry. This collaboration aims to propel PolarLotto’s expansion from offline to online offerings, bringing the excitement of the world’s biggest lotteries to Swedish players in a safe and responsible manner.
PolarLotto prides itself on its commitment to transparent and ethical gaming practices, with a focus on player safety and responsible gaming. By teaming up with Fast Track, PolarLotto aims to leverage cutting-edge technology to expand its business model from traditional to online, ensuring a seamless and engaging experience for its customers.
Commenting on the partnership, Benjamin Burstein, CEO of PolarLotto, expressed enthusiasm about the possibilities ahead, stating, “We are excited to embark on this journey of transforming our business with the latest technology and automation tools provided by Fast Track. As we transition to the online space, we are confident that Fast Track’s expertise in custom segmentation, real-time data capabilities, and personalised experiences will enable us to better serve our players and achieve our business objectives.”
Fast Track also expressed confidence in the partnership, highlighting the potential for exceptional results through its Singularity model, which uses AI and machine learning to deliver tailored content to players, at the right time and through the most effective channel. “We are thrilled to partner with PolarLotto and support their online expansion,” said Simon Lidzén, CEO and co-founder of Fast Track. Our tools are designed to empower lean teams to achieve remarkable results, and we look forward to helping PolarLotto maximise their online presence and engagement.”
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Red Bull Gaming premieres ‘Memories of CS:GO’ documentary highlighting the game’s early years
As the CS2 PGL Major in Copenhagen is set to kick off, Red Bull Media House will unveil a captivating feature-length documentary, “Memories of CS:GO – The Early Years,” an ode to one of the most influential games ever made.
This film takes viewers on an immersive journey through the origins and evolution of Counter-Strike: Global Offensive (CS:GO), featuring personal accounts and defining moments from several of the most legendary figures of the game.
The 90-minute documentary, narrated by Counter-Strike commentator Henry “HenryG” Greer, chronicles the remarkable trajectory of CS:GO, from its grassroots beginnings to becoming a global esports phenomenon.
Produced by Red Bull Media House, the film captures the essence of the game through the eyes of its most well known players, including Olof “olofmeister” Kajbjer Gustafsson, Patrik “f0rest” Lindberg, Richard “shox” Papillon, Gabriel “FalleN” Toledo, and Jarosław “pashaBiceps” Jarząbkowski, among others.
The documentary’s release is timed to precede the playoff stage of the PGL Major Copenhagen, scheduled for March 26, 2024. It will premiere on Red Bull Gaming’s YouTube channel at 21:00 CEST, offering viewers worldwide an insider’s perspective on the beloved game.
Event Details:
- What: Premiere of “Memories of CS:GO – The Early Years”
- When: March 26th, 2024, at 21:00 CEST
- Where to watch: Red Bull Gaming’s Youtube Channel
- The “CS:GO Memories” documentary can be viewed shareit.redbull.com
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Ten Square Games ready for a new development opportunities in 2024
2023 ESPI package
The following documents in pdf format are equivalents of the official Consolidated Financial Statement which were reported in ESPI (download in the zip file above)
2023 Consolidated Financial Statement
2023 Management Board Report on Activities
Independent Auditor’s Report on the Audit of Annual Consolidated Financial Statements
Link to the stream
Link to the chat with individual investors
Presentation
Factsheet
Financial data
Transcription of the conference and Q&A session
For complete press release visit tensquaregames.com
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