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Gambling in the USA

Caesars Entertainment Leads Industry by Committing to Reduce Carbon Emissions by 95%

George Miller

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Caesars Entertainment Leads Industry by Committing to Reduce Carbon Emissions by 95%
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Caesars Entertainment Corporation, the world’s most diversified casino-entertainment provider, announced it has set science-based targets to drastically reduce greenhouse gas emissions from the company and throughout its supply chain. The ambitious goals demonstrate Caesars’ ongoing commitment to fighting climate change and mitigating long-term risk.

Caesars is one of over 400 global organizations that has committed to business leadership and policy alignment on climate through the Science Based Target initiative (SBTi), and one of just over 100 companies to have their targets approved.

The SBTi is a collaboration among CDP (formerly known as the Carbon Disclosure Project), the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). Targets adopted by companies to reduce greenhouse gas (GHG) emissions are considered “science-based” if they are in line with the level of decarbonization required to keep global temperature increase below 2 degrees Celsius compared to pre-industrial temperatures.

Caesars Entertainment commits to:

reduce absolute Scope 1 and 2 emissions 30% by 2025, and 95% by 2050 from a 2011 base-year;
have 60% of suppliers by spend institute science-based GHG reduction targets for their operations by 2023.
Caesars Entertainment has a well-established track record of successful environmental sustainability progress, and establishing science-based targets further demonstrates our commitment to reducing our impact on the planet,” said Mark Frissora, President and CEO of Caesars Entertainment. “We are proud to be part of this global effort.

Caesars is the first gaming company to include a scope 3 goal in its verified science-based targets. This level of commitment helps to further accelerate the momentum of reducing environmental impact as it relates to the operations a company doesn’t directly control, including supply chain, vendors, etc. This indirect influence also makes it one of the most ambitious goals for a company. With thousands of suppliers throughout the company, Caesars recognized the importance of engaging the full supply chain in order to create meaningful impact.

We congratulate Caesars for setting a bold science-based target aligned with climate science and the Paris Agreement. It is particularly encouraging to see the company extending its influence to its suppliers, leveraging its purchasing power to spread science-based target setting throughout the supply chain,” said Cynthia Cummis, Director of Private Sector Climate Mitigation at World Resources Institute, one of the Science Based Targets initiative partners. “We applaud this leadership, which contributes to our goal of mainstreaming science-based target setting as standard business practice.

One of the first demonstrations of how Caesars will achieve its aggressive goals is a Request for Proposal (RFP) that will be issued in June for a major utility-scale purchase of solar energy in the Las Vegas desert, which will deliver power to its Nevada properties.

The carbon and management strategy developed by Caesars is a cornerstone of the company’s CodeGreen environmental program, which was established in 2008 and entails engaging employees and guests to understand and reduce energy use, GHG emissions, waste and water use. Caesars Entertainment has reduced its total GHG emissions by 22.9% since 2011.

Additional progress includes:

Reduced water use by 21% per square foot since 2008;
Diverted 41% of waste from landfill in 2017.
For more information on Caesars’ Corporate Citizenship, please follow @CitizenCaesars on Twitter, see the 2016-2017 CSR Report and visit the Corporate Citizenship blog.

 

About Caesars Entertainment Corporation:
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 and its portfolio of subsidiaries now operate 47 casinos in 13 U.S. states and five countries. 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

Gambling in the USA

Century Casinos Receives Approval from Missouri Gaming Commission to Acquire Isle Casino Cape Girardeau and Lady Luck Caruthersville

Niji Narayan

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Century Casinos Receives Approval from Missouri Gaming Commission to Acquire Isle Casino Cape Girardeau and Lady Luck Caruthersville
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Century Casinos has received approval from the Missouri Gaming Commission to acquire the Isle Casino Cape Girardeau and Lady Luck Caruthersville from Eldorado Resorts Inc.

Isle Casino Cape Girardeau is located in Cape Girardeau, Missouri. The property opened in 2012 and consists of a dockside casino featuring 41,500 square feet of casino space, 851 gaming machines, 24 table games, three dining venues, a pavilion and an entertainment centre.

Lady Luck Caruthersville is a riverboat casino located along the Mississippi river in Caruthersville, Missouri. The property opened in 1995 and consists of a dockside casino featuring 21,000 square feet of casino space, 513 slot machines, nine table games, two dining venues, a 40,000 square foot pavilion and a 28-space RV park.

In June 2019, the Company entered into a definitive agreement with Eldorado Resorts to acquire the operations of Cape Girardeau, Caruthersville and Mountaineer Casino, Racetrack and Resort, located in New Cumberland, West Virginia, from Eldorado Resorts for approximately $107.0 million. The Acquisition, which is expected to close in December 2019, is subject to customary closing conditions.

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Gambling in the USA

New Coalition Forms to Protect Social Games in Washington

Niji Narayan

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New Coalition Forms to Protect Social Games in Washington
Photo Source: fodors.com
Reading Time: < 1 minute

 

Civic leaders, industry experts and tech executives in Washington have formed a new coalition to protect the social games industry in the state.

The coalition is leading an effort to ensure the state does not restrict access to so-called social games, which are played statewide by millions and support thousands of local jobs, according to the coalition.

The fear of restrictions or bans on social games stems from the Washington State Gambling Commission’s refusal in 2018 to issue guidance establishing that social games are not a form of illegal gambling. The “Game On WA” coalition says some 23,000 people are employed by the social games industry in Washington, jobs that could be on the line if the WSGC’s failure to act is not corrected.

Paul Mathews, founder and president of social-games company Playstudios Inc., said in an opinion piece written for GeekWire in October that concerns over social games being a form of gambling stem from the fact that players can win “non-redeemable tokens or credits,” which he describes as a “flawed premise” that “grossly misrepresents social games.”

“A potential misinterpretation of Washington state’s gambling statute by a federal court could mean Washington residents will lose access to their favorite apps,” Michael Schutzler, CEO of Washington Technology Industry Association and the Game On WA co-chair, said.

The coalition also is led by former Washington Governor Gary Locke and Kristina Hudson, executive director of OneRedmond. The group seeks to educate the public and lawmakers about the value of the social games industry and to convince the state Legislature to “affirm that social games are a form of entertainment, and not illegal gambling.”

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Gambling in the USA

Betgenius Appoints Bill Anderson as its VP for the Americas

Niji Narayan

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Betgenius Appoints Bill Anderson as its VP for the Americas
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Betgenius has appointed Bill Anderson as its Vice President for the Americas. Anderson will spearhead the company’s expansion strategy and oversee its growing team dedicated to the crucial markets of the U.S. and Latin America.

He joins from Stats Perform where he led the US betting business for Perform Media and has previously held senior commercial roles at GAN and TrafficGeneration.

“I couldn’t be more excited about joining Betgenius at this vibrant time in its global growth. As regulation rapidly evolves and markets mature throughout the Americas, our premium quality and highly customizable sportsbook management and best-in-class live wagering services will become increasingly desirable for ambitious operators,” Anderson said.

“Bill is an accomplished gaming executive with a deep understanding of the betting and media ecosystems in the Americas. We continue to invest in new products and services to meet the demands of operators throughout the region, including our renowned live wagering services powered by fast and reliable data, and Bill’s expertise will be invaluable in shaping and deploying this ambitious growth strategy,” Eric Stevens, Global Sales Director at Betgenius, said.

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