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Caesars' Online Gaming Business is Growing Despite Predictive Sports Betting Competition
Caesars’ online gaming business is experiencing growth despite increasing competition in predictive sports betting. While the company’s Vegas demand is affected by softer leisure visitation, Caesars is expected to maintain a leading market share in the domestic commercial casino gaming market. This is attributed to its strong asset position, expanded loyalty program following the Eldorado acquisition, and successful integration of previous acquisitions.