{"id":22710,"date":"2012-02-14T12:39:48","date_gmt":"2012-02-14T12:39:48","guid":{"rendered":"http:\/\/cleverduckmedia.com\/media\/wordpress\/?p=14"},"modified":"2012-02-14T12:39:48","modified_gmt":"2012-02-14T12:39:48","slug":"test1","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/test1\/","title":{"rendered":"Caesars social gaming venture?"},"content":{"rendered":"<p><a href=\"http:\/\/cleverduckmedia.com\/media\/wordpress\/wp-content\/uploads\/2012\/02\/1888.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/cleverduckmedia.com\/media\/wordpress\/wp-content\/uploads\/2012\/02\/1888.jpg\" alt=\"\" title=\"1888\" width=\"300\" height=\"215\" class=\"alignleft size-full wp-image-96\" \/><\/a>CAESARS Entertainment Corp said in a recent speech that they could benefit from social media gaming, according to Chief Executive Gary Loveman. Loveman described what he called \u201cthe continued remarkable growth of online social games\u201d in remarks at a luncheon in downtown Boston. Although the Las Vegas company\u2019s resort plans are often tied up in local proceedings, online games like those Caesars offers through its Playtika business face fewer rules.<\/p>\n<p>\u201cThese games are legal for anyone to play anywhere in the world,\u201d Loveman said. It\u2019s been reported that Caesars has expressed their ambition in online gaming. This was reflected in a document filed to the Securities and Exchange Commission. \u201cWe are not aware of another U.S. landbased casino company that owns an online gaming business,\u201d the filing states. Though many online players spend money mostly for fun and not for wagers, as at casinos, Loveman reminded journalists after his talk of the IPO of gamemaker Zynga Inc in December best known for games like Farmville.<\/p>\n<p>According to the Wall Street Journal, Loveman spent much of his talk on Tuesday arguing criticism of the growing casino industry is overblown and that new casinos do not boost crime or take advantage of poorer customers.<\/p>\n<p>He did say about 1 percent of the population is prone to gambling addiction. \u201cWe have to deal with that,\u201d he said.<\/p>\n<p>Loveman spoke just months after Massachusetts officials approved a bill to allow casinos, and began a process to select operators for three of them. Caesars has a partnership with a Boston-area racetrack to create one of the facilities. Depending on the design of the facilities, about 40 percent of their revenue could be captured from neighboring states, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAESARS Entertainment Corp said in a recent speech that they could benefit from social media gaming, according to Chief Executive Gary Loveman. Loveman described what he called \u201cthe continued remarkable growth of online social games\u201d in remarks at a luncheon in downtown Boston. Although the Las Vegas company\u2019s resort plans are often tied up in [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":96,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[9,23],"class_list":["post-22710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gaming","tag-featured","tag-gaming-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Caesars social gaming venture? - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/test1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Caesars social gaming venture? - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"CAESARS Entertainment Corp said in a recent speech that they could benefit from social media gaming, according to Chief Executive Gary Loveman. Loveman described what he called \u201cthe continued remarkable growth of online social games\u201d in remarks at a luncheon in downtown Boston. 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