Caesars Sportsbook pulling back from advertisement

Caesars executives have stated that they will pull back from advertising and look more toward profitability. CEO Tom Reeg said, “You’re going to see our commercials largely disappear from your screens.” they still have some March Madness slots they could not get out of. Reeg also stated, “We have accomplished what we set out to do. We set out to become a significant player and it’s happened significantly quicker than we thought. And I think most of you know me as someone who’s not one to spend any money needlessly.” Caesars will likely start to develop their phone app to meet the standards held by other operators, like FanDuel or BetMGM.