Smoove Move: Caesars Cuts Ad Spend as Sportsbooks Suffer Growing Pains

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Smoove Move: Caesars Cuts Ad Spend as Sportsbooks Suffer Growing Pains

Published Thursday 4 August 2022

Click here to read the full article. Amid an ongoing slowdown in the U.S. advertising market and fears that consumers are about to default to a sort of grimly ascetic recessionary belt-tightening mode, TV sales execs are keeping a close eye on the sports-betting category. While gambling dollars have served as a welcome panacea during a time of shrinking automotive spend, at least one top-tier online sportsbook is scaling back its TV investments. Speaking to investors earlier this week, Caesars Entertainment CEO Thomas Reeg said the casino conglomerate had slashed its marketing costs down to the bone. “We have pulled…hundreds of...

Business Industry Caesars Entertainment Draft Kings Espn Gambling Hobbies J B Smoove Lifestyle Linus Business Marketing NFL Ohio State Osb Sportsbook

Details About the Article "Smoove Move: Caesars Cuts Ad Spend as Sportsbooks Suffer Growing Pains"

This article was originally published by Sportico and was recommended by Gambling48.com a couple of days later due to its popularity. It has gotten a lot of attention and 1 comments have been submitted since it was published in August of 2022. The article "Smoove Move: Caesars Cuts Ad Spend as Sportsbooks Suffer Growing Pains" is a news post and categorized as Gambling by gambling48.com and the main topics includes Business Industry, Caesars Entertainment, Draft Kings, Espn, Gambling, Hobbies, J B Smoove, Lifestyle, Linus Business, Marketing, NFL, Ohio State, Osb & Sportsbook.

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