Caesars Entertainment news and trends

Security Expert: Casino Hacks Were Part of Wider Crime Wave
Cybersecurity // September 19, 2023

The hackers who broke into the systems of two casino giants recently also carried out cyberattacks on three other companies. That’s according to David Bradbury, chief security officer of the identity management company Okta, who said in an interview with Reuters on Tuesday (Sept. 19) that the groups...

From Clorox to Casinos to Banks, Hacks Highlight Advantage of AI in Anti-Fraud Toolkits
Security & Fraud // September 18, 2023

Hack by hack, the fraudsters are getting bolder. And for enterprises girding against the rising tide of disruption and ransomware, advanced technologies are integral parts of any line of defense. A spate of attacks detailed over the last several days and weeks underscores the urgency...

Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials
Cybersecurity // September 15, 2023

The recent cyberattacks on Caesars Entertainment and on MGM Resorts reportedly may have been launched with stolen login credentials. A cybersecurity company based in London, DynaRisk, discovered that the login credentials of MGM and Caesars employees were being sold on underground forums for cybercriminals, the Financial Times (FT) reported Friday (Sept. 15). The data...

Report: Caesars Entertainment Paid $15 Million Ransom After Cyberattack
Security & Fraud // September 13, 2023

Caesars Entertainment, the operator of Caesars Palace in Las Vegas, reportedly fell victim to a cyberattack during the summer and paid a ransom of approximately $15 million to the hackers. The company is expected to disclose this cyberattack in a Securities and Exchange Commission (SEC)...

Interviews & Exclusives
From Clorox to Casinos to Banks, Hacks Highlight Advantage of AI in Anti-Fraud Toolkits

September 18, 2023
Hack by hack, the fraudsters are getting bolder. And for enterprises girding against the rising tide of disruption and ransomware, advanced technologies are integral parts of any line of defense. A spate of attacks detailed over the last several days and weeks underscores the urgency to harness artificial intelligence (AI) and machine learning (ML). In […]

Quick Reads
Caesars Entertainment Reports Growth and Profitability in Digital Segment

October 31, 2023
Caesars Entertainment highlighted the growth and profitability of its digital segment Tuesday (Oct. 31) during its third-quarter earnings call.  The digital segment generated $2 million in adjusted EBITDA during the third quarter, marking the second consecutive quarter of profitability, Eric Hession, co-president of Caesars Sports and Online Gaming at Caesars, said during the call. This is […]

Security Expert: Casino Hacks Were Part of Wider Crime Wave

September 19, 2023
The hackers who broke into the systems of two casino giants recently also carried out cyberattacks on three other companies. That’s according to David Bradbury, chief security officer of the identity...

Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials

September 15, 2023
The recent cyberattacks on Caesars Entertainment and on MGM Resorts reportedly may have been launched with stolen login credentials. A cybersecurity company based in London, DynaRisk, discovered that the login credentials of MGM and Caesars employees were...

Report: Caesars Entertainment Paid $15 Million Ransom After Cyberattack

September 13, 2023
Caesars Entertainment, the operator of Caesars Palace in Las Vegas, reportedly fell victim to a cyberattack during the summer and paid a ransom of approximately $15 million to the hackers....