Caesars Entertainment signs on as official sponsor for Philadelphia 76ers
Participating in this sponsorship deal:
About Sponsor:
Caesars Entertainment Corporation is an American public gaming corporation that owns and operates over 50 casinos, hotels, and seven golf courses under several brands. The company, based in Paradise, Nevada, is the largest gaming company in the world, with annual revenues of $8.9 billion . Caesars is owned by Hamlet Holdings, a joint venture of Apollo Global Management and Texas Pacific Group, with Blackstone Group holding a minority stake.
About Property:
The Philadelphia 76ers are a professional basketball team based in Philadelphia, Pennsylvania. They play in the Atlantic Division of the Eastern Conference of the National Basketball Association . Originally known as the Syracuse Nationals, they are one of the oldest franchises in the NBA. After their move to Philadelphia, a contest was held to decide on their new name. The winning name, chosen by Walter Stalberg, was the "76ers", as a "tribute to the gallant men who forged this country's independence."