Caesars Entertainment has agreed to sell its intellectual property rights for the World Series of Poker brand to iGaming investment group NSUS Group. The transaction, announced Aug. 1, is expected to close prior to the end of 2024. Financial terms were not disclosed. Reno, Nevada-based Caesars Entertainment sought counsel from Latham & Watkins and a Kirkland & Ellis team led by corporate partner Maggie Flores and technology & IP transactions partners Martin Schwertmann and Neil Hirshman. NSUS Group, which is based in Toronto, was advised by Greenberg Traurig.
Gaming & Esports
August 05, 2024, 11:12 AM