On July 3, Caesars Entertainment expanded its digital gaming partnership with Wabanaki Nations in Maine by adding three new iGaming platforms. The company faces a Zacks Rank #5 (Strong Sell) rating due to reduced earnings estimates and concerns over substantial debt. On July 6, Caesars announced it would not host a Q2 earnings call due to its pending merger agreement with Fertitta Entertainment. Caesars' stock will be delisted from NASDAQ, and the company will become a private entity upon completion of the merger, valued at approximately $17.6 billion.
