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Caesars Entertainment Expands WSOP Online, Becoming the First Online Poker Operator to Pool Liquidity Across Four United States Jurisdictions

1. CZR expands WSOP Online poker platform to four states, enhancing player competition. 2. Caesars is the first online poker operator pooling liquidity across four U.S. jurisdictions.

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FAQ

Why Bullish?

The expansion can boost player engagement and revenue. Historical precedents show such expansions often lead to increased market share and profitability.

How important is it?

The expansion directly enhances CZR's competitive position in the online gaming space, likely impacting revenue positively.

Why Short Term?

Immediate revenue increase expected as awareness of the expanded platform grows. Past announcements have resulted in short-term stock price boosts.

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LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced an expansion of the WSOP Online poker platform, now pooling liquidity in Pennsylvania with its three existing jurisdictions: Nevada, New Jersey and Michigan. The move positions Caesars as the first online poker operator to share liquidity across four U.S. jurisdictions, establishing WSOP Online as the only platform in the U.S. where players from all four states can compete in the same player pool.

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