Saturday, 12 July 2014

MITCH GARBER - DEALER TRAINEES PREPARE FOR LATE SUMMER OPENING OF HORSESHOE CASINO BALTIMORE

The late summer 2014 launch of Horseshoe Casino Baltimore is approaching fast and eager students with Baltimore City Community College attend a 12 week 240 hour dealer-training program at the Horseshoe Legendary Academy. Trainees compete for a shot at landing employment with the state of Maryland’s second largest Casino. The brand new gambling entertainment complex boasts a 122,000 square foot gambling floor where candidates strive to be one of the 300 chosen for the cream of the crop dealer positions.

Mitch Garber

Students are receiving one-on-one training at the table games academy in a four hour classroom set up with dealer tables, to learn the art of dealing. This is a dream opportunity come true for many local Baltimore residents who have been unemployed long-term and not at the top of the list with hiring managers. Future dealers have a chance at making up to $50,000 total compensation with tips, plus additional employee benefits and other perks.

Mitch Garber

Students who complete the course but are not among the chosen will still come out winners, earning a dealer’s certification that allows them to work all tables from baccarat, crap, roulette, blackjack, and others. The intense training course is proving to be both inspirational and challenging at the same time with a large group of students struggling with cleverly using their hands and simultaneously computing numbers. However, this is not stopping these tough minded pupils who are willing to put in the necessary hard work for a rewarding life.

Mitch Garber

About Horseshoe Casino Baltimore


The Horseshoe Baltimore is a casino asset under Caesars Growth Partners, a joint venture between Caesars Acquisition Company (NASDAQ: CAC) CEO Mitch Garber and Caesars Entertainment Corp. (NASDAQ: CZR) CEO Gary Loveman. The new gambling complex will be located along Russell Street on the South side of Baltimore. The grand casino will be an extension of the already rich neighboring entertainment venues, namely The Baltimore Ravens M&T Stadium, Camden Yards, home to the Baltimore Orioles, and the Inner Harbor http://www.caesars.com/Baltimore/about.html

Mitch Garber CEO


For more information visit

www.caesarsacquisitioncompany.com
www.caesarsinteractive.com
www.caesars.com
www.mitchgarber.com

Friday, 11 July 2014

MITCH GARBER - CAESARS INVEST IN HORSESHOE BALTIMORE CASINO TO RESHAPE THE BALTIMORE SKYLINE

The Baltimore Skyline is undergoing a major facelift with the development of Caesars Growth Partners investment Horseshoe Baltimore Casino. The massive entertainment complex is a joint venture between land-based casino operator Caesars Entertainment Corporation (CEO Gary Loveman) and partner affiliate Caesars Interactive Entertainment (CEO Mitch Garber), through Caesars Growth Partners. The $442 million dollar gambling facility is set to open later this year with exciting attractions that will allure both tourists and gambling thrill seekers from all over the world.

Mitch Garber

The two-story tall Horseshoe Baltimore Casino will feature a massive 122,000 square foot gaming floor with a wide variety of table games, numerous Video Lottery Terminals (VLT’s), and a World Series of Poker room. The casino will be based on Baltimore’s Southside, close to other popular entertainment arenas such as Camden Yards, M&T Stadium, and Baltimore’s famed Inner Harbor. The new Baltimore casino will keep the 60-year Horseshoe Brand tradition of doing everything with “swagger” alive, by including a 20,000 square foot social hub called the Baltimore Marketplace, where guests can enjoy exquisite fun-filled dining and food shopping experiences.

Mitch Garber

The Baltimore Market Place will have no shortage of celebrity feasting venues to anchor the bar and lounge scene, with the addition of Guy Fieri’s Baltimore Kitchen and Bar, named after famed TV chef personality Guy Fieri. This highly anticipated hot spot will serve up a delicious medley of popular traditional and custom food choices, delivered with Fieri’s bold signature taste. Horseshoe Baltimore execs also announced a new collaboration with world renowned Chefs John Besh and Aaron Sanchez who will be introducing new concept restaurants that will showcase their culinary mastery.

Mitch Garber CEO


About Horseshoe Casino Baltimore

Mitch Garber

The Horseshoe Baltimore is a casino asset under Caesars Growth Partners, a joint venture between Caesars Acquisition Company (NASDAQ: CAC) CEO Mitch Garber and Caesars Entertainment Corp. (NASDAQ: CZR) CEO Gary Loveman. The new gambling complex will be located along Russell Street on the South side of Baltimore. The grand casino will be an extension of the already rich neighboring entertainment venues, namely The Baltimore Ravens M&T Stadium, Camden Yards, home to the Baltimore Orioles, and the Inner Harbor http://www.caesars.com/Baltimore/about.html


For more information visit

www.caesarsacquisitioncompany.com
www.caesarsinteractive.com
www.caesars.com
www.mitchgarber.com

Wednesday, 11 June 2014

MITCH GARBER- CAESARS INTERACTIVE PARTNERS WITH KMG GAMING & SPIN GAMES TO UP THE ANTE FOR ONLINE GAMERS IN NEW JERSEY

Leading social and mobile casino brand Caesars Interactive Entertainment has partnered with online gaming content developers KMG Gaming and Spin Games to bring new thrilling titles to Caesars online casino properties. This content supply deal is part of an aggressive strategy by Caesars Interactive CEO Mitch Garber to develop a portfolio of high growth assets.

New KMG Gaming and Spin Games titles will be highlighted on the homepage of CaesarsCasino.com and HarrahsCasino.com for the enjoyment of legal-age verified and regisered gamers within the NJ State borders. The seven new titles that are now live on Caesars casino sites will be hosted on the remote gaming servers licensed to Caesars Interactive and are also available In HTML5 format for mobile phone users.

Spin Games LLC President Kent Young expressed his excitement in a statement following the announcement of the live gaming titles in NJ saying, “This stands as a landmark moment for my software development team, this is the first time we will go live on an interactive casino”. Young continued his statements by acknowledging his team’s efforts to bring this deal to fruition.

KMG’s Gaming President Jason Peters added to Young’s statements by commending the skills of the developers from both companies for the quality of the newly released gaming titles and an expedient development process that enabled them to fulfill the deal with Caesars. Peters also praised the HTML5 mobile format that will give fans access to these games at any point in the day.

About Caesars Interactive Entertainment

Caesars Interactive Entertainment, Inc. (CIE) is one of the largest online, mobile and social gaming companies and is focused on casino entertainment. CIE is led by Montreal CEO Mitch Garber and is a subsidiary of Caesars Growth Partners, LLC which is a joint venture between Caesars Acquisition Company (CAC) where Garber is also CEO and Caesars Entertainment Corporation, the world’s most diversified casino-entertainment provider and the most geographically diverse U.S. casino entertainment company.
SOURCE Caesars Interactive http://www.caesarsinteractive.com

For more information visit

http://www.caesarsacquisitioncompany.com
http://www.caesarsinteractive.com
http://www.caesars.com
http://www.mitchgarber.com

Tuesday, 10 June 2014

MITCH GARBER- CAESARS GROWTH PARTNERS OFFICIALLY SEAL THE DEAL ON HARRAH'S NEW ORLEANS

The Louisiana Gaming Control Board has officially approved the sale of Caesars Entertainment Corporation (NASDAQ: CZR) property Harrah’s New Orleans to Caesars Growth Partners (CGP), an entertainment and casino asset of Caesars Acquisition Company (NASDAQ: CACQ).

Caesars Acquisition Co. and Caesars Entertainment Corp. made a joint announcement about the finalization of the deal a day following the May 19th approval by the gaming commission. The transaction will not interrupt the daily operations at Harrah’s New Orleans and the acquired property will remain included in the Total Rewards Network.

This comes after the recent regulatory consent granted to CGP by the Nevada Gaming Commission and the entity’s success in securing $700 million in financing to close on the purchase of The Cromwell, Bally’s Las Vegas and The Quad Resort & Casino from parent company Caesars Entertainment Corporation. Caesars Growth Partners plans on replacing this loan with $2 billion in financing, which will incorporate restructuring Planet Hollywood’s $485 million debt.

About Caesars Growth Partners
 
Caesars Growth Partners is an entertainment company that solely concentrates its efforts on growing a portfolio of high-growth operating assets and equity and debt investments with strong value potential through acquisitions in the interactive and gaming entertainment industries.
http://www.caesarsacquisitioncompany.com

Caesars Acquisition Company (NASDAQ: CACQ), Mitch Garber CEO and President is an equity stakeholder in Caesars Growth Partners, LLC through Caesars Interactive Entertainment where Mitch Garber Caesars also sits as CEO. The joint partnership is with Casino Properties and Developments, a subsidiary of parent company Caesars Entertainment Corporation (NASDAQ: CZR)

For more information visit

http://www.caesarsacquisitioncompany.com
http://www.caesarsinteractive.com
http://www.caesars.com
http://www.mitchgarber.com

Tuesday, 3 June 2014

Caesars CEO Mitch Garber Pleased With Q1 Financial Results

Earlier this month Caesars Acquisition Company (NASDAQ CACQ) announced its first quarter financial earnings results for Caesars Growth Partners, LLC (“CGP LLC”); a joint venture between CACQ and parent company, Caesars Entertainment Corporation (NASDAQ CZR).

Caesars Acquisition Co. revealed solid financial performance from CGP LLC in the Interactive Entertainment area posting strong revenues up 82.4% and Adjusted EBITDA up 42.9% YOY, wholly a result of record breaking performance from social and mobile games.

The Caesars Executive Team expressed their pleasure with the impressive first quarter report with the following statement from Chief Executive Officer of Caesars Acquisition Company Mitch Garber, shortly after the release of the financial data:

“Caesars Growth Partners delivered impressive results for the first quarter… Broad based strength across both segments of the business resulted in strong year over year growth in revenue and Adjusted EBITDA. The recent closing of the asset purchase adds three attractive and complementary properties to CGP’s existing portfolio, reinforcing the strategy of acquiring and developing high growth operating assets with strong value creation potential.

“The Cromwell successfully opened a few weeks ago to a welcoming crowd, and we are excited about the upcoming transformation of The Quad, which has the potential to drive higher operating performance at the property upon reopening. CIE closed its fourth social game acquisition in four years, and Horseshoe Baltimore is on-track to open in the coming months. We believe these additions to the business coupled with ongoing investments to expand the interactive business bode well for CGP’s future outlook.”-  CEO Caesars Acquisition Co. Mitch Garber

CGP LLC Operating Results Overview
  • The Casino Properties and Development segment produced equally impressive operating results with revenues up 23% and Adjusted EBITDA up 24.3% YOY
  • Completed Pacific Interactive Acquisition, House of Fun slots creator, making this Caesar Interactive Entertainment’s fourth social game acquisition in a four year period
  • Successfully closed on the purchase of major casino assets Bally’s Las Vegas, The Cromwell, The Quad resort & Casino in May of this year, diversifying the existing asset portfolio
  • Initiated guest focused upgrades as part of the $223 million renovation of the Quad Resort & Casino
For more information visit
http://www.caesarsacquisitioncompany.com
http://www.caesars.com
http://www.caesarsinteractive.com
http://www.mitchgarber.com

Monday, 2 June 2014

CAESARS ACQUISITION COMPANY CEO MITCH GARBER NAMED AN EY ENTREPRENEUR OF THE YEAR™ 2014 FINALIST

Ernst & Young (known as EY) is a global professional services firm that leads in transaction, assurance, tax and advisory services and is one of the “Big Four” accounting firms in the world. Global markets rely on the insights of the more than 700 member firm networks in over 150 countries to instill confidence in capital markets and help create healthy world economies. To learn more about the program, please visit: http://www.ey.com/us/eoy/greaterla.

The prestigious EY Entrepreneur of the Year business award, now in its 28th year, celebrates the contributions of entrepreneurs with strong potential who inspire others with their leadership, vision and achievements. This singular global honor recognizes business leaders who show remarkable distinction and achievement in areas like financial performance, innovation and good will. EY recognizes these individuals through multiple geographic award programs in more than 145 cities in over 60 countries.

EY announced its finalists for the 2014 EY Entrepreneur Of The Year Award this past week where Caesars Acquisition Co., CEO Mitch Garber was named as an EY Entrepreneur of the Year 2014 finalist in the Greater Los Angeles, Nevada and Hawaii region. “Congratulations to all the finalists… It truly is an honor to receive this recognition from the prestigious EY organization and on behalf of my entire team at Caesars Acquisition Company this is a proud achievement for our organization. This is the only award that Magic Johnson has won, that I as a 5’7 inch 49-year-old, can compete for too” said Garber in a recent CACQ (Caesars Acquisition Co.) press release.

A black-tie Awards Gala will be held on Tuesday, June 17, 2014 at the Beverly Hilton Hotel in Beverly Hills, CA., where award winners will be revealed. Regional award winners qualify for entrance into the Entrepreneur of the Year National Program. EY announces its overall winner of the National EY Entrepreneur of the Year Award at its annual awards Gala on November 15, 2014 in Palm Springs, CA.

About Caesars Acquisition Company (CACQ)

Caesars Acquisition Company was formed to make an equity investment in Caesars Growth Partners, LLC (CGP), a joint venture between CACQ and Caesars Entertainment Corporation (NASDAQ: CZR), the world’s most diversified casino entertainment provider and the most geographically diverse U.S. casino-entertainment company.  CACQ is CGP’s managing member and sole holder of all of CGP’s outstanding voting units.

Learn more at:

http://www.caesarsacquisitioncompany.com
http://www.caesarsinteractive.com
http://www.caesars.com
http://www.mitchgarber.com

Tuesday, 20 May 2014

World Series of Poker® Led by Mitch Garber Has A Long History Of Breaking Records

Poker fanatics around the globe can hardly wait for the games to begin, as the opening of the 2014 World Series of Poker (WSOP) draws near. The stakes are high this season with 60+ gold bracelets and over $20 million in cash prizes up for grabs during this 49 consecutive day poker festival. Caesars Interactive CEO Mitch Garber and his WSOP team are gearing up for what is said will be a record breaking year in attendance, cash prizes, and winners.

Breaking records is nothing new for the WSOP, in 2013 the event attracted 79,471 participants from more than 107 countries and is the largest turnout on record in the WSOP’s 44-year running history. Partakers joined in a total of 62 events that amassed a prize pool of more than $197 million. The WSOP Main Event, won by Michigan’s Ryan Riess, drew over 6,300 players and Riess was awarded $8,361,570 that year.

Since it’s launch in 1970, the WSOP Main Event has produced poker rock stars like Stu Ungar, Johnny Moss, Doyle Brunson, and Johnny Chan, each setting records for winning multiple main events, with Brunson and Chan winning in consecutive years. Chan’s second victory in 1988 was highlighted in the 1988 feature film Rounders. Phil Hellmuth is the ultimate WSOP rock star holding numerous records including most bracelets, most WSOP cashes, most final tables, and is the only player to win Main Events in both WSOP and WSOP Europe.

This year Garber’s team will unveil close to 500 poker tables spanning more than 100,000 square-feet of ballroom space to host thousands of players from around the world.  The 2014 WSOP will no doubt produce some record-breaking moments and poker aficionados are eagerly standing by to be a part of history.



To learn more:

www.wsop.com
www.caesars.com
www.caesarsacquisitioncompany.com
www.caesarsinteractive.com
www.mitchgarber.co

Monday, 19 May 2014

Caesars Interactive CEO Mitch Garber Expects More States To Legalize Online Gambling

At least 10 states are considering moving toward creating legislation that allows the implementation or expansion of Internet gambling. New Jersey, Pennsylvania, Massachusetts, Mississippi, Louisiana, Iowa, Illinois , Colorado, California, and Hawaii, have all introduced proposals with New Jersey, Massachusetts, Pennsylvania, Iowa, California and Hawaii that already have bills pending. These recent developments in pro-online gaming come as no surprise to Caesars Interactive CEO Mitch Garber.

According to Garber, it is only a matter of time before online gambling is adopted in most states. There is more movement in the pro direction with States like NJ providing hard proof that the online gaming industry can be responsibly regulated and yield successful results. In a CNBC interview the Caesars CEO he said "We look at it as the second domino wave of gaming. It started with Nevada and New Jersey with real, land-based gaming. This is the online version of that. Nevada first and New Jersey second. Other states come one at a time."

Recently at the 2014 IGaming North America Conference Garber emphasized that people have become used to doing everything online and gambling will follow suit because of the reality of the Internet. Understanding the legitimate concerns of legalized Internet gaming opposition, He pointed out that in his 21 years in the industry and billions of dollars in transactions the fears of money laundering and terrorism have not come to pass.

Despite the sluggish nature of the process of legalizing online gaming, Garber remains optimistic. He is confident once online and interactive gaming matures in states that opt to approve it, other governments will realize the incredible potential the industry has to offer and will move toward legalization.

About

Caesars Acquisition Co., [CACQ] CEO Mitch Garber is also the CEO and President of Caesars Interactive Entertainment, a subsidiary of Caesars Growth Partners and Caesars Acquisition Co. He controls the World Series of Poker (WSOP) and all social, mobile and real money interactive assets of Caesars, Including casino brands such as, Harrah’s, Caesars, WSOP, and others.


To learn more:


www.caesars.com
www.caesarsacquisitioncompany.com
www.caesarsinteractive.com
www.mitchgarber.co

Tuesday, 13 May 2014

Caesars Interactive CEO Mitch Garber Wins The Great Online Gambling Debate

Everyone loves a title bout where the stakes are high and two of the best fighters square off for the ultimate glory of winning the championship and bragging rights – this was the scene at the 2014 IGaming North American Conference when Caesars Interactive CEO Mitch Garber squared off with Sands Casino executive Andy Abboud to answer the question “Is iGaming the Problem or Solution?”

Intrigued spectators reacted with delight as both casino giants made their arguments to sway public opinion to their side. Garber seemed to have the upper hand throughout with swift logical responses to each of Abboud’s claims against making Internet gambling legal. Reactions to this highly anticipated bout were just as dynamic with Garber emerging as the clear winner. Below are some reactions from attendees:

“This is a conference about trying to develop regulations to make sure it’s safe. Once we work to build those regulations to protect the consumer, then I believe that Mitch’s argument prevails. Online sports betting is already working in Europe and it’s bringing in a lot of revenues. to those places. Why can’t we find ways to make it happen in the United States. ”
- Hon. Shawn Malone, Legislature of the US Virgin Islands

“Our organizational system here in the United States is leaning toward openness as opposed to closed environments, and as more-and-more people do want to pursue online gaming, the fact that it exists today and needs to be organized in a more lawful and recognized manner, I think it’s going to lead us in that direction over time.” - Matt Davis, MoneyGram

“ The biggest point Mitch Garber CEO made and it’s the point Andrew really had no argument against is that the customers are already there. The customers want to play online. In 15 years the number of people that want to play online is going to be a lot bigger than the number of people who want to go to a brick and mortar to play.” - Vin NaraYanan, Casino City Times & GPWA Times


For more information visit

www.caesars.com
www.caesarsacquisitioncompany.com
www.caesarsinteractive.com
www.mitchgarber.co

Monday, 12 May 2014

Mitch Garber – The New Generation of Gambling Executives

The blazing debate about whether online gambling has a place in American commerce continues to be a hot button of discussion between industry professionals, politicians, and everyday citizens. Polarizing views on this topic are glaringly visible among the “old school” thinking of some land-based casino leaders resisting the “new school” mentality of catering to the online entertainment community and digital generation of consumers. Caesars Interactive Entertainment CEO Mitch Garber considers himself and his colleagues “The New Generation” of gambling executives, who are willing to take on the old school naysayers in order to follow their customers online.

With more people choosing to transact business online, educate themselves online, and even find love online, Garber feels the new generation of gambling executives along with legislators should create a regulated framework which allow adults to play online. Garber argues that new age gambling executives know their future generation of players will be coming from the online world and smart leaders should spend more time preparing for this new way of doing business, instead of opposing what most say is a natural transition for these players.

Mitch Garber is also the man behind the widely successful World Series of Poker® (WSOP) and asserts online poker created the poker boom as people know it today. Founder and former CEO of WPT (World Poker Tournament) Enterprises Steven Lipscomb echoed Garber’s sentiment during the 2014 IGaming North America Conference while acting as a moderator between the pro legalization Garber and anti legalization Sands executive Andy Abboud. Lipscomb recalled a time where land-based casino operators fearing the worst for the online gambling landscape changed their minds about online poker after seeing quantifiable results without incident from 2002 – 2010.

Many are betting that resistant land-based casino executives will eventually get the memo that online gaming is the future and will structure their business accordingly. For Garber and his team, this is an inevitable outcome and they will continue to take a proactive stance by making the necessary changes to their infrastructure that will accommodate gamers who prefer online entertainment. His management of six land-based casinos is also a testament to the convergence of online and offline businesses and the ability for them to co-exist in a complimentary fashion.

For more information visit

http://www.caesars.com
http://www.caesarsacquisitioncompany.com
http://www.caesarsinteractive.com

Tuesday, 29 April 2014

Caesars Acquisition CEO Mitch Garber Welcomes A New High Roller To Vegas

Las Vegas is known for enticing some of the wealthiest high rollers on the planet with its audacious culture and extravagant sights, yet the biggest of them all is attracting both tourists and locals to take a gamble at breathtaking aerial enjoyment. The 550 foot tall High Roller is the latest Caesars attraction to hit the Vegas Strip and offers the ride of a lifetime. According to Caesars Acquisition Co. and Caesars Interactive CEO Mitch Garber, the world's largest observation wheel is now open to the public and he expects more than 4 million people to ride the wheel in the first year.

The High Roller Stands 100 Feet taller than the phenomenal London Eye and is the centerpiece of The LINQ, Caesars Entertainment’s stunning new outdoor shopping, dining and entertainment district. The Iconic wheel supports 1,120 passengers at full capacity in 28 Italian-handcrafted glass-enclosed spherical 40-person cabins. Riders can enjoy incredible views of the dazzling city in a 30-minute ride, the time it takes for one complete revolution, additionally the adjacent wheelhouse offer guests a swanky venue that can be reserved for private events.

Mitch Garber and fellow Caesars executives are confident the world’s tallest observation wheel’s alluring 2000 LED lights will compel Vegas patrons to venture beyond the usual Sin City strip to experience another level of fun and excitement. Caesars innovative contribution to the Vegas Skyline will no doubt impress regular Vegas goers and attract new thrill seekers.

To learn more:

www.thelinq.com
www.caesars.com
www.caesarsacquisitioncompany.com
www.caesarsinteractive.com
www.mitchgarber.co

Monday, 21 April 2014

Caesars CEO Mitch Garber Plays His Cards Right With The Cromwell Opening This Spring

The Illustrious Las Vegas Strip is gaining an extravagant new addition with the opening of the The Cromwell this May. The exquisite 188-room boutique hotel replaces the shuttered Bill’s Gamblin’ Hall & Saloon, and is a Caesars Entertainment asset recently sold to affiliate Caesars Growth Partners as part of a landmark $2.2 Billion dollar deal earlier this year. Many Industry watchers feel Caesars Acquisition Co. Mitch Garber CEO  is playing his cards right with the investments and upgrades made on this property and predict the renovations will no doubt attract the masses of the new hip Vegas demographic, to improve the value of the asset.

Mitch Garber and his group’s plans boast vintage style suites with a modern touch. Dated hardwood floors reflect custom chandeliers and compliment the trunk-style furnishing with a bright display of signature pieces gracing the walls, taken by contemporary photographic artist Deborah Anderson. The bath salons feature Imaginative black and white mosaic shower tiles that playfully spell out English-French phrases. The Cromwell’s 19 Luxury suites highlight wet bars, steam showers and deep soaking tubs, offer breathtaking views of the Vegas Strip and will be part of the luxurious Anthology Las Vegas Suites & Villas collection.

According to Caesars Chief Marketing Officer Tariq Shaukat, The Cromwell’s design inspiration is taken from the Hotel Costes in Paris, complete “with black Parisian awnings and gold fixtures adorning the windows.” The hotel’s star restaurant Giada, run by famed Food Network television personality Giada De Laurentiis will be located on the second floor of The Cromwell. The hotel will also feature two nightlife venues by prominent nightclub developer Victor Drai; Drai’s Beach Club, which is, located on The Crowell rooftop, and Drai’s After Hours.


To learn more:

http://www.thecromwell.com
http://www.caesars.com
http://www.caesarsacquisitioncompany.com
http://www.caesarsinteractive.com
http://www.mitchgarber.co
http://www.drais.net

Caesars Interactive CEO Mitch Garber’s 2014 World Series of Poker Schedule Praised By Poker Enthusiasts

The World Series of Poker® (WSOP) is wrapped in tradition and is the most anticipated poker event for poker enthusiasts around the globe. Much like unwrapping presents during the holidays, the unveiling of the WSOP schedule is seen as the gift of all gifts for poker fans and comes with lots of excitement. The highly anticipated 2014 tournament schedule released by Caesars Interactive CEO Mitch Garber and WSOP Head Honcho Ty Stewart and the team this past February, has been praised by poker fanatics for having a good mix of smaller buy-in no-limit hold'em events. The reintroduction of the $10,000 championship events and the return of the $1,000,000 BIG ONE for ONE DROP for ONE DROP charity tournament also have fans buzzing.

 The 45th annual WSOP’s action packed schedule reveals a roster of 65 total events with 35 no-limit hold’em events and 30 others, starting as low as $75. To the thrill of high-stakes players there will be 12 big bad $10,000 championship events covering all of the major games from Poker to Razz with multiple new variants. Many dedicated players feel the return of these high-roller games will bring back a level of prestige to the WSOP. The return of the $1,000,000 BIG ONE for ONE DROP charity tournament will be even bigger and better with a 56 player cap, and is expected to sell out with the grand prize potentially soaring to well over $20,000,000, according to a member of Garber’s marketing team.   

The biggest Poker event of the year is set to take place at the Rio All-Suite Hotel & Casino in Las Vegas from May 27th thru July 14, 2014, with an ESPN televised final table. Poker watchers around the world predict a record turnout for this seemingly momentous Poker holiday. Both players and industry watchers credit Caesars CEO Mitch Garber and his team for delivering what is expected to be an event of historic proportions.

To learn more:

www.wsop.com
www.caesars.com
www.caesarsacquisitioncompany.com
www.caesarsinteractive.com
www.mitchgarber.co

Tuesday, 15 April 2014

Caesars Interactive CEO Mitch Garber Believes The Power Of Water Can Unite The World

One of the most critical challenges of the 21st century is providing clean water access to billions of people around the world. Sustainable clean water is a vital component necessary to life and nearly 800 million people lack access to clean water while 2.5 billion are deprived of access to adequate sanitation. Caesars Acquisition Co. CEO Mitch Garber has joined forces with Cirque du Soleil and One Drop Foundation founder Guy Laliberté to create a powerful coalition working toward solving the world’s water access and management challenges.

One Drop Foundation

One Drop is a non-governmental organization whose mission is to ensure clean water is accessible to all. The foundation’s unique sustainable intervention model develops innovative water access and management projects that encourage resourcefulness to people in disadvantaged, rural and semi-rural regions of Latin America, West Africa and Asia. Mitch Garber CEO of Caesars acquisition Co, and Caesars Interactive Inc., sits on the board of directors of the One Drop Foundation and has raised in excess of $10 million dollars with the Big One for One Drop Tournament hosted by the World Series of Poker (WSOP).

One Drop Projects

One Drop supports clean water activities with a high social and environmental impact. Art and culture is used to mobilize people in impoverished communities to provide education about water issues. Access to solidarity financing is given to foster development of income-generating activities, thus making it possible to create jobs and stronger self-reliant communities. The Foundation currently has projects in Burkina Faso, El Salvador, Haiti, Honduras, India, and Nicaragua.

One Drop Approach

Water To Live – One Drop provides communities with clean water access by creating the physical infrastructures needed, and endow them with indispensable skills and knowledge, to create a shared responsible effort in maintaining and managing the resource.

Water To Prosper – One Drop inspires economic activity by providing families and individuals with access to micro-loans. The income-generating activities from subsequent ventures help build sustainable communities around the world.

Water To Inspire – Communities are mobilized through social arts and shared beliefs to understand water issues more easily. This communication on a local level helps One Drop to quickly connect and convince people to embrace good water management practices.


For more information visit


www.onedrop.org
www.wsop.com
www.allinforonedrop.com
www.mitchgarber.com

Wednesday, 2 April 2014

Mitch Garber: Spearheading the Movement Towards Legalization of Online Gambling Throughout the United States

On September 19, 2013, Caesars Acquisition Company became the second entity to offer real money online poker since its legalization in the state of Nevada earlier in February that year.  Mitch Garber, CEO and President of Caesars Interactive Entertainment and CEO of Caesars Acquisition Company, is positive that laws regulating online poker will change very soon, and more states will follow suit in the fight for legalizing online gambling.  Garber has likened the early stages of online gaming legalization to the early days of land-based gaming. Nevada, followed by New Jersey, followed by a domino effect across the United States and internationally.

In late 2013, Garber oversaw the IPO of Caesars Acquisition Co. (Nasdaq; CACQ), adding landbased casinos to the online/interactive portfolio. CACQ went public at $8.64 and now is a multi-billion dollar entity, which includes 6 casino properties, CIE, and a portfolio of bonds. Garber has repeatedly spoken about convergence and cross marketing to the next generation of Las Vegas customer who today is demanding to do almost every commercial activity they can do offline, online. The digital distribution of brands and the ability to have land-based visitors become familiar with our apps and play them at home, and to have our app customers come visit our casinos is an area Caesars is leading and can win over the long run.

In a CNBC interview during the NJ online-gambling field-test run, Mitch Garber assured the public that a proven model of online gambling success can already be seen in Australia and the UK, where online gambling does not cannibalize land-based casinos. In fact, Garber asserts that while online poker was growing in revenue pre-UIGEA, data shows land based gaming revenues simultaneously increased on the Las Vegas strip, and that WSOP main event participation increased tenfold. Garber sees California as the next most-likely state to legalize online poker, and points out that Caesars partnership with the Pachanga tribe in California, is a winning combination. Garber says that online gaming is a multi-billion dollar business, and Caesars is very “bullish” as to what this means. Albeit a slow process, the Caesars CEO sees bright prospects for pro-online gaming legislation to be adapted in several states.

To learn more about Caesar Interactive ventures, visit http://www.mitchgarber.com