A software analyst said the attacks on MGM Resorts and Caesars Entertainment may embolden hackers to hit other Las Vegas casino operators.
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Plaintiffs say Caesars Entertainment and MGM Resorts International failed to protect customer data during attacks revealed this month.
Hackers reportedly broke into the Las Vegas casino operator’s systems in recent weeks and threatened to release the company’s data.
Executives at Caesars Entertainment say they remain confident in the Las Vegas economy, especially with major sporting events on the horizon.
Caesars CEO Tom Reeg said the prospect of the A’s in Las Vegas was exciting, but he didn’t want to see tax hits that would “unnecessarily” impact Clark County.
Caesars Entertainment said it has moved past the meltdown of its William Hill sportsbook app, which crashed during the Super Bowl and left bettors unable to wager on the game.
CEO Tom Reeg announced the decision to not pursue a sale during the company’s third-quarter earnings call.
Caesars Entertainment Inc. announced a partnership Thursday with New York office landlord SL Green Realty Corp. to open Caesars Palace Times Square in an existing skyscraper.
Caesars Entertainment said it started the process of selling one of its Strip casinos during its first quarter earnings call, but did not say which one.