Caesars Entertainment starts Oregon sports betting offering at Ko-Kwel Casino Resort
The company has a partnership with the Coquille Indian Tribe.
US.- Caesars Entertainment has started accepting sports wagers in Oregon at Ko-Kwel Casino Resort in Coos Bay through its partnership with the Coquille Indian Tribe in Coos Bay. The ceremonial first bet was placed a self-service wagering kiosk. The venue, previously The Mill Casino, celebrated its 30th anniversary yesterday (May 20).
Eric Hession, president of Caesars Digital, said: “We remain committed to supporting Indian gaming, and we’re proud to partner with the Coquille Indian Tribe to enhance their guest experience. Bringing our sports wagering offering to a new jurisdiction for the first time is always significant, and we know offering our expansive menu of sports wagering markets will undoubtedly enhance the exceptional experience that the Coquille Indian Tribe provides to its guests.”
Margaret Simpson, CEO of the Coquille Economic Development Corporation, added: “We are proud to have this iconic gaming brand join us, as both brands have represented excellence in the industry for decades. This partnership aligns perfectly with our commitment to advancing gaming opportunities and enhancing guest satisfaction. We are excited to collaborate with such a distinguished brand and look forward to creating even more memorable sports wagering experiences for our guests!”
Caesars Entertainment reported financial results for the quarter ended March 31. Revenue was $2.8bn, an increase of 2.1 per cent compared to the same period last year. The company recorded a net loss of $115m for the quarter, an improvement from the $158m loss reported in Q1 2024. Adjusted EBITDA grew 4 per cent from $853mn in the prior quarter to $884m this year.
