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Global Gaming, Media & Entertainment Market Could Exceed $2.1 Trillion In 2021

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PALM BEACH, Fla., April 13, 2021 /PRNewswire/ With the outbreak of COVID-19, home entertainment seems to be the only option for gamers in lockdown while cinemas and theaters continue their door-closed policy to prevent the disease. A March 2020 survey at the beginning of the pandemic, showed that that video gamers in the United States reported that they spent 45% more time playing video games amid the quarantine than in the previous week… that number has surely grown over the subsequent year of quarantine. Esports is another emerging industry that manages to make more than a billion dollars a year. Now, after the pandemic, it has gained further traction. A recent look at the U.S. Online Gaming Industry by Statista came up with a number of statistics and facts, including: a)Revenue in the Online Games segment is projected to reach US$23,582 Million in 2021; b)Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 7. ....

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Caesars Entertainment, Inc. Completes Previously Announced Sale of MontBleu Resort Casino & Spa to Bally's Corporation

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RENO, Nev. and LAS VEGAS, April 7, 2021 /PRNewswire/ Caesars Entertainment, Inc
. (NASDAQ: CZR) ( Caesars ) today announced the closing of the sale of MontBleu Resort Casino & Spa to Bally s Corporation. The closing satisfies Caesars agreement with the Federal Trade Commission to divest the asset in connection with the Caesars-Eldorado merger, which closed in July 2020.
I want to thank the Team Members of MontBleu for all of their hard work and dedication throughout the years with the Caesars organization, particularly during the COVID-19 pandemic, said Tom Reeg, CEO of Caesars Entertainment, Inc. We wish all of them continued success under Bally s ownership. ....

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