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Caesars Entertainment to bolster sports betting tech with acquisition of ZeroFlucs Group Pty Ltd

PUBLIC · CZRJul 06, 2024

Acquiring Company

Caesars Entertainment

Acquired Company

ZeroFlucs Group Pty Ltd

RenoAustraliaGamingSportsHospitalitySportsGambling

Description

Caesars Entertainment has announced the acquisition of ZeroFlucs Group Pty Ltd, an Australian sports betting technology company. This move signals Caesars' commitment to enhancing its sportsbook technology and offering an improved betting experience for its customers, with the strategic acquisition of ZeroFlucs' innovative sports betting products.

Quick answer

Caesars Entertainment is acquiring ZeroFlucs Group Pty Ltd, announced July 5, 2024. Caesars Entertainment is based in Reno, Nevada, United States.

How much did Caesars Entertainment pay for ZeroFlucs Group Pty Ltd?
The deal value was not disclosed.
What does Caesars Entertainment do?
Caesars Entertainment, Inc. operates in the hospitality and entertainment industry, primarily focusing on providing exceptional experiences through gaming, hotels, and entertainment venues.
Where are Caesars Entertainment and ZeroFlucs Group Pty Ltd based?
Caesars Entertainment is based in Reno, Nevada, United States. ZeroFlucs Group Pty Ltd is based in Australia.
Who are the decision-makers at Caesars Entertainment?
Fundz holds 4 contacts at Caesars Entertainment. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Caesars Entertainment

Location

Reno, Nevada, United States

About

Caesars Entertainment, Inc. operates in the hospitality and entertainment industry, primarily focusing on providing exceptional experiences through gaming, hotels, and entertainment venues. The company offers a wide range of services, including casinos, sports betting, hotels, and dining options, catering to diverse customer preferences. Geographically, Caesars serves markets across the United States, with a substantial presence in major tourist destinations. As of the latest report, the company is noted for its robust portfolio, which includes numerous properties and brands. Recently, Caesars has been focusing on enhancing its digital gaming platform and expanding its market presence, indicating a strategic emphasis on technology and innovation to drive growth.

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Frequently asked

Who acquired ZeroFlucs Group Pty Ltd?

ZeroFlucs Group Pty Ltd was acquired by Caesars Entertainment, based in Reno. The deal was reported on July 6, 2024. Caesars Entertainment, Inc. operates in the hospitality and entertainment industry, primarily focusing on providing exceptional experiences through gaming, hotels, and entertainment venues. Caesars Entertainment is publicly traded (CZR) and operates in Gaming.

When did Caesars Entertainment acquire ZeroFlucs Group Pty Ltd?

Caesars Entertainment's acquisition of ZeroFlucs Group Pty Ltd was reported on July 6, 2024. Caesars Entertainment has announced the acquisition of ZeroFlucs Group Pty Ltd, an Australian sports betting technology company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ZeroFlucs Group Pty Ltd do?

ZeroFlucs Group Pty Ltd is an Australian software provider specializing in sports betting technology. It is privately held, operating in Sports, and is based in Australia.

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