Caesars entertainment closes sale of world series of poker® brand to nsus group for us$500 million

Toronto & las vegas--(business wire)--caesars entertainment, inc. (nasdaq: czr) (“caesars”) today announced the closing of the previously announced sale of its intellectual property rights for the world series of poker® (“wsop”) brand to nsus group inc. (“nsus”). as previously disclosed, the transaction includes us$250 million in cash and a $250 million promissory note due five years after the transaction's closing secured by the wsop intellectual property assets being sold. caesars retains the.
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