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Caesars Entertainment CEO: We unequivocally view prediction markets as gambling
Summary by egr.global
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1 Articles
Caesars Entertainment CEO: We unequivocally view prediction markets as gambling
Caesars Entertainment CEO Tom Reeg has said he views prediction markets as gambling and reiterated that the multichannel operator won’t be expanding into offering event contracts anytime soon. Speaking on Caesars’ Q4 2025 earnings call from Las Vegas last night, February 17, he insisted the company won’t put its gaming licences in jeopardy over prediction markets. He explained: “To me, this is clearly gambling. I think it will take a couple of y…
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