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Caesars hails sports betting decision

14 May 2018

(PRESS RELEASE) -- Caesars Entertainment Corporation today applauded the U.S. Supreme Court's decision to strike down the federal Professional and Amateur Sports Protection Act (PASPA), likely leaving regulation to the states. Caesars currently has licensed gaming operations in 13 states and currently manages a successful legal sports wagering business in Nevada. The company plans to expand its U.S. sports betting business wherever secure and responsible wagering on sporting events is legalized.

Commenting on the ruling, the company's President and CEO, Mark Frissora, said, "The Supreme Court's landmark PASPA ruling creates a golden opportunity to end illegal sports wagering once and for all by creating a well-regulated alternative that sports fans can trust. Caesars is a leader in legalized gaming in the U.S. As a result, we expect to be able to provide safe, exciting sports wagering experiences to consumers across the country, as we do today in Nevada. We plan to announce our specific approach to this business as we better understand the opportunities and regulations which evolve from today's Supreme Court decision."

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Caesars hails sports betting decision is republished from Online.CasinoCity.com.