Caesars Entertainment reports growth in FY2023
Caesars Entertainment’s latest financial analysis covers the 2023 financial year.One of the first figures reported by the firm in the new analysis was its revenue, which...
Caesars sells UK and African properties to Metropolitan Gaming
The American iGaming operator – Metropolitan Gaming, has successfully completed the buyout of Caesars-owned assets in European and African markets.
The buyout follows the latest acquiring of William Hill, together with a number of other ambitions carried out by Metropolitan Gaming.
Metropolitan Gaming’ freshly named Chief Executive – Michael Silberling, commented:
“I am thrilled to enter the talented group at Metropolitan Gaming.
Considering the amount of damage that the industry took because of the COVID-19 pandemic, I am confident that the people behind this company are able to recover and turn out even stronger in the global iGaming industry.
Our main focus now, as a team, is to prioritize employment and partnership, as we continue making efforts to establish a one-of-a-kind customer and partner experience.”
Fully owned by Silver Point Capital, Metropolitan Gaming currently is the owner and operator of 11 casino brands across the globe, focusing on the EU, as well as North and South African markets.
As the biggest investor of Metropolitan, Silver Point Capital is going to continue strategic and financial support to the company.
Silver Point Capital’s founding member – Edward Mulé, shared his thoughts:
“Silver Point is overjoyed to obtain leading and well-established casino brands in the UK, which aligns with our company’s purpose and values as we continue investing in promising brands across the globe.”
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