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The cybercrime group has made a ransom demand to MGM as well, those sources told CNBC's Contessa Brewer. The 8-K report, similar to one filed by MGM Resorts on Wednesday, acknowledges the hack as a material event. The cybercrime group demanded a $30 million ransom from Caesars, but the company ultimately agreed to pay about half that, sources said. Bloomberg previously reported the ransom and that the same group is behind the attacks on both companies. It wasn't immediately clear why Caesars delayed filing the report disclosing the hack and ransom for weeks.

Persons: CNBC's Contessa Brewer, Charles Carmakal Organizations: Caesars, CNBC, MGM, U.S . Securities, Exchange, MGM Resorts, Google, Bloomberg, vx, Twitter, Security, SEC Locations: United States, Twilio

☆ MGM and Caesars hacked: FBI investigating cyber intrusion
▼ + stars: | 2023-09-14 | by ( Contessa Brewer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMGM and Caesars hacked: FBI investigating cyber intrusionCNBC's Contessa Brewer reports on a cybersecurity hack in the casino industry.

Persons: Contessa Brewer Organizations: MGM, Caesars

William Purnell | Icon Sportswire | Getty ImagesAs legalized sports gambling expands across the U.S., a record 73.5 million Americans plan to wager on the NFL this season, according to the American Gaming Association's latest survey on Americans' betting plans released Wednesday. Last year, an estimated 46 million people bet on the NFL in the U.S., according to the AGA. Out of all U.S. adults, 35.1 million people or 14% plan to bet online, while 13.6 million or 5% plan to bet at a physical sportsbook. Self-identified NFL fans are expected to place more bets than ever this season, with 37% projected to place a wager. "We expect this to be the most bet NFL season in BetMGM's history," Seamus Magee, trading team lead at BetMGM, told CNBC in an email.

Persons: Josh Allen, William Purnell, Seamus Magee Organizations: Buffalo, AFC Divisional, Kansas City Chiefs, Arrowhead, Getty, NFL, American Gaming, CNBC Locations: Kansas City , Missouri, U.S

☆ Maui wildfires: What you need to know
▼ + stars: | 2023-08-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMaui wildfires: What you need to knowCNBC's Contessa Brewer joins 'Power Lunch' to discuss the struggle to account for missing persons in Hawaii, donations funneling in to help support the devastation in Hawaii, and the economic impact of the fire destruction.

Persons: CNBC's Contessa Brewer Locations: Hawaii

☆ Insurers are acting fast to process initial claims from fire devastation in Mau
▼ + stars: | 2023-08-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInsurers are acting fast to process initial claims from fire devastation in MauCNBC's Contessa Brewer joins 'Squawk on the Street' to discuss the state of wildfire destruction in Maui, Hawaii, shortages in shelter supplies for evacuees, and evaluating the insurance impact of Maui's wildfires.

Persons: Contessa Brewer Locations: Maui, Hawaii

☆ Total cost of Maui wildfire damage and economic loss between $8 to $10 billion: AccuWeather
▼ + stars: | 2023-08-11 | by ( Contessa Brewer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTotal cost of Maui wildfire damage and economic loss between $8 to $10 billion: AccuWeatherCNBC's Contessa Brewer joins 'Squawk Box' with the latest news out of Maui.

Persons: Contessa Brewer Locations: Maui

☆ Deadly Maui wildfires projected to have major economic impact on Hawaii
▼ + stars: | 2023-08-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeadly Maui wildfires projected to have major economic impact on HawaiiCNBC's Contessa Brewer joins 'Closing Bell Overtime' to talk the economic impact of the deadly wildfires in Hawaii.

Persons: Hawaii CNBC's Contessa Brewer Organizations: Hawaii CNBC's Locations: Hawaii

☆ After divesting Barstool Sports, Penn Entertainment CEO says Dave Portnoy is the only 'natural owner' for the company long term
▼ + stars: | 2023-08-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Penn Entertainment CEO Jay Snowden told CNBC's Jim Cramer and CNBC's Contessa Brewer that the only natural owner of Barstool Sports was David Portnoy, who founded the company in 2003. Penn Entertainment, a gambling firm, announced Tuesday it would be divesting Barstool — selling the entity back to Portnoy — while entering a $1.5 billion deal with Disney 's ESPN to launch a betting sportsbook. "Dave Portnoy is the only natural owner for Barstool sports long term," Snowden said. Snowden explained that the company realized its product was quickly becoming outdated by having to rely on a third-party platform. The ESPN deal marks the first time the brand will be on a sports betting platform, known as ESPN Bet.

Persons: Jay Snowden, Jim Cramer, Contessa Brewer, David Portnoy, Portnoy —, Dave Portnoy, Snowden, Wednesday's, DraftKings Organizations: Penn Entertainment, Barstool Sports, Disney, ESPN, ESPN Bet

☆ PENN Entertainment CEO Jay Snowden sits down with Jim Cramer to talk ESPN partnership
▼ + stars: | 2023-08-09 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

PENN Entertainment CEO Jay Snowden sits down with Jim Cramer to talk ESPN partnership'Mad Money' host Jim Cramer and CNBC's Contessa Brewer sit down with PENN entertainment President and CEO Jay Snowden to talk PENN's new partnership with ESPN.

Persons: Jay Snowden, Jim Cramer, Contessa Brewer Organizations: PENN Entertainment, ESPN, PENN

☆ Dave Portnoy is the only natural owner for Barstool Sports long-term, says PENN CEO Jay Snowden
▼ + stars: | 2023-08-09 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDave Portnoy is the only natural owner for Barstool Sports long-term, says PENN CEO Jay Snowden'Mad Money' host Jim Cramer and CNBC's Contessa Brewer sit down with PENN entertainment President and CEO Jay Snowden to talk PENN's new partnership with ESPN.

Persons: Dave Portnoy, Jay Snowden, Jim Cramer, Contessa Brewer Organizations: Barstool, PENN, ESPN

watch nowAristocrat Gaming unveiled Thursday new NFL-themed slot machines slated to appear on casino floors when football season kicks off in September. Now, its highly sought-after license will appear on casino slot machines nationwide, designed and manufactured by Aristocrat. Aristocrat unveils the first look of its NFL-themed slot machines that will begin appearing on casino floors in September. Aristocrat unveils the first look of its NFL-themed slot machines that will begin appearing on casino floors in September. Source: Aristocrat Gaming

Persons: Gaming, Joe Ruggiero, Hector Fernandez Organizations: NFL, National Football League, American Gaming Association, League, Gaming, CNBC

☆ Marriott and MGM link loyalty programs in a bid on business travelers
▼ + stars: | 2023-07-17 | by ( Contessa Brewer | ) www.cnbc.com time to read: +3 min

Marriott and MGM Resorts International announced a partnership Monday to link their loyalty programs and give customers more options for cashing in. Under the deal, MGM guests in the United States can earn Marriott Bonvoy rewards points and Bonvoy members will in turn have access to 17 MGM properties when they spend their points. Those loyalty programs drive business and help to differentiate competitors at a time when travel is continuing to rebound from a pandemic pause. Marriott CEO Tony Capuano said MGM Resorts brings a wealth of intellectual property to the portfolio as well as entertainment, high-end culinary options and other one-of-a-kind experiences. Customers of MGM's sportsbook will earn Bonvoy points on some transactions, and Bonvoy members will see MGM sportsbooks marketing on the Marriott site.

Persons: Bill Hornbuckle, Bonvoy, Tony Capuano, Capuano, Hornbuckle, sportsbook, Adam Greenblatt, Dawn Giel, Jessica Golden, Kasey O'Brien Organizations: Marriott, MGM Resorts International, MGM, CNBC, Las, Cosmopolitan, MGM Resorts, Caesars, Entain Locations: United, Vegas, United States

Sports gambling powerhouse DraftKings has made a $195 million, all-cash offer for PointsBet's U.S. assets, it said on Friday, as it looks slow down the rise of Fanatics. The offer comes a month after Fanatics agreed to buy the Australian company for $150 million in an effort to boost its presence in sports gambling. "We believe DraftKings is uniquely positioned to submit this superior proposal due to our scale and corresponding ability to generate meaningful synergies from the acquisition." Fanatics CEO Michael Rubin told CNBC after the announcement that he's highly skeptical of the deal, which he views as DraftKings attempting to slow Fanatics down. "It's a move to delay our ability to enter the market," Rubin said.

Persons: DraftKings, Jason Robins, Michael Rubin, Rubin Organizations: Sports, PointsBet's U.S, CNBC Locations: United States

☆ Golden Knights' Stanley Cup win cements Las Vegas as a big-time sports city
▼ + stars: | 2023-06-14 | by ( Contessa Brewer | ) www.cnbc.com time to read: +2 min

Mark Stone #61 of the Vegas Golden Knights celebrates with the Stanley Cup after the Vegas Golden Knights won the NHL Stanley Cup Final against the Florida Panthers on June 13, 2023 at T-Mobile Arena in Las Vegas, Nevada. The Stanley Cup belongs to Sin City. The Vegas Golden Knights, in just their sixth season in the NHL, won the league's championship Tuesday night, completing a 4-1 series victory over the Cinderella Florida Panthers. Now, the who's who of Las Vegas have become Golden Knights fans. Murren championed the WNBA's Las Vegas Aces, which MGM owned at the time and later sold to Las Vegas Raiders owner Mark Davis in 2021.

Persons: Mark Stone, Bill Foley, It's, Bill Hornbuckle, Jim Murren, Murren, Mark Davis, Davis Organizations: Vegas Golden Knights, NHL, Florida Panthers, Mobile, The Vegas Golden Knights, Cinderella Florida Panthers, Vegas, Las, Golden Knights, MGM, CNBC, Sports City, Las Vegas Aces, Las Vegas Raiders Locations: Las Vegas , Nevada, Sin City, Las Vegas, Sin, Vegas, California

☆ Insurers brace for more wildfires as Canadian blazes blanket the U.S. in smoke
▼ + stars: | 2023-06-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInsurers brace for more wildfires as Canadian blazes blanket the U.S. in smokeCNBC’s Contessa Brewer joins ‘The Exchange’ to report how insurers and re-insurers are trying to reduce their wildfire exposure.

Persons: Contessa Brewer

☆ Actor Mark Wahlberg lobbies to make Las Vegas a Hollywood in the desert
▼ + stars: | 2023-06-01 | by ( Contessa Brewer | ) www.cnbc.com time to read: +3 min

Actor Mark Wahlberg lobbied Nevada state lawmakers Wednesday to pass a bill that would coax more film production to Las Vegas. The electronics giant has committed to spend $1 billion on film production in Nevada over a decade, but only if the tax incentive package, known as the Nevada Film Studio Infrastructure Act, passes. That studio would sit on the University of Nevada Las Vegas technology park, which would also include educational facilities for job training in the film industry. "For a company to earn $190 million tax credit ... they would have to spend $633 million filming and creating economic development for this whole valley." Other states have seen film production tax credits become a financial drain, according to analysis by the Nevada Policy Research Institute.

Persons: Mark Wahlberg, Wahlberg, I've, Sen, Roberta Lange, Howard Hughes, Tony Vinciquerra, David O'Reilly, O'Reilly, Birtcher Organizations: CNBC, Nevada Legislature, Birtcher Development, Sony Pictures Entertainment, Howard, Howard Hughes Corp, Sony, Nevada Film Studio, Las Vegas Media, University of Nevada, Nevada Policy Research Institute Locations: Nevada, Las Vegas, Summerlin, University of Nevada Las Vegas

☆ DraftKings and FanDuel are dominating sports betting
▼ + stars: | 2023-05-31 | by ( Contessa Brewer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDraftKings and FanDuel are dominating sports bettingCNBC's Contessa Brewer joins 'Squawk on the Street' to report on DraftKings' outperformance and dominance in the sports betting sector.

Persons: Contessa Brewer

Sandra Douglass Morgan has seen a lot of changes in the five years since she was named to the Nevada Gaming Commission. The same year she became a gaming regulator, the Supreme Court cleared the path for legalized sports betting. During that time, Douglass Morgan went from gaming regulator to chair of the Nevada Gaming Control Board to the corporate board of directors for casino giant Caesars Entertainment . I'm incredibly blessed that I've been given these opportunities, you know, based on my skill set and my experience," Douglass Morgan told CNBC. Douglass Morgan said.

☆ A pair of sports betting deals has the gaming industry asking, 'Who's next?'
▼ + stars: | 2023-05-15 | by ( Contessa Brewer | ) www.cnbc.com time to read: +1 min

Fanatics' splashy $150 million acquisition of PointsBet's U.S. business wasn't the only deal in gambling in recent days — and it could be a sign of more to come. Fanatics on Sunday announced it has agreed to buy PointsBet's U.S. assets, a long-rumored tie-up. Fanatics CEO Michael Rubin previously vowed to launch sports betting operations in every state where it's legal, except New York. For Fanatics, the deal really pays off when it comes to upfront licensing fees it would need to pay in new states. "We're really able to save tens of millions of dollars worth of upfront license fees by leveraging PointsBets footprint versus going at it with a new footprint," said Matt King, Fanatics CEO of Betting and Gaming, on Monday.

☆ DraftKings shares soared after crushing Wall Street's revenue expectations in Q1
▼ + stars: | 2023-05-05 | by ( Contessa Brewer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDraftKings shares soared after crushing Wall Street's revenue expectations in Q1CNBC’s Contessa Brewer joins 'Squawk on the Street' to report on the rise in DraftKings shares.

☆ Travelers' shares spike higher following earnings beat
▼ + stars: | 2023-04-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTravelers' shares spike higher following earnings beatCNBC's Contessa Brewer joins 'Halftime Report' to discuss Travelers' stock moving higher despite catastrophe losses, the tax benefit behind the earnings beat, and the company's buyback announcement.

☆ Former President Trump lands in Florida after pleading not guilty to felony charges
▼ + stars: | 2023-04-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer President Trump lands in Florida after pleading not guilty to felony chargesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. CNBC's Contessa Brewer reports on Donald Trump's arraignment in New York City on 34 felony counts of falsifying business records.

☆ Trump supporters gather around New York City courthouse ahead of arraignment
▼ + stars: | 2023-04-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump supporters gather around New York City courthouse ahead of arraignmentCNBC's Contessa Brewer reports from outside the Manhattan courthouse where former President Trump is expected to face an arraignment on charges related to a hush money payment his former lawyer and fixer Michael Cohen made to former adult film star Stormy Daniels ahead of the 2016 election.

☆ Trump pleads not guilty to 34 felony charges in New York City arraignment
▼ + stars: | 2023-04-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump pleads not guilty to 34 felony charges in New York City arraignmentCNBC's Eamon Javers and Contessa Brewer join 'Closing Bell' to discuss the latest news encircling Donald Trump's arraignment, the 34 charges against Trump's, and the scene outside the courthouse.

☆ DraftKings' CEO pay soars as company loses money
▼ + stars: | 2023-03-28 | by ( Contessa Brewer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDraftKings' CEO pay soars as company loses moneyCNBC's Contessa Brewer joins 'Power Lunch' to discuss DraftKings increasing it's CEO's salary following money losses, the ratio of CEO pay to median employee income, and the state of game betting

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