NASDAQ Framework: Caesars Entertainment Inc.
1: Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment company in the US and one of the world's most diversified casino-entertainment providers. Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.'s resorts operate primarily under the Caesars®, Harrah's®, Horseshoe®, and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards loyalty program, the company focuses on building value with its guests through a unique combination of impeccable service, operational excellence, and technology leadership. Caesars is committed to its employees, suppliers, communities, and the environment through its PEOPLE PLANET PLAY framework. To review our latest CSR report, please visit www.caesars.com/corporate-social-responsibility/csr-reports. Know When To Stop Before You Start.® Gambling Problem? Call 1-800-GAMBLER. For more information, please visit www.caesars.com/corporate. View Source2: Caesars Entertainment, Inc. owns and operates as a chain of resorts. The Company offers casino, poker, roulette, and other gaming facilities, as well as provides food and beverages services. Caesars Entertainment serves customers in the United States. View Source3: Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno. In addition, the company operates dining venues, bars, nightclubs, lounges, hotels, and entertainment venues; and provides staffing and management services. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada. View Source
Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment company in the United States and one of the world's most diversified casino-entertainment providers. Founded in Reno, Nevada, in 1937, the company has grown through the development of new resorts, expansions, and acquisitions, including a significant merger with Eldorado Resorts in 2020 45. Operating primarily under the Caesars®, Harrah's®, Horseshoe®, and Eldorado® brand names, Caesars offers a wide range of gaming, entertainment, and hospitality amenities, as well as mobile and online gaming and sports betting experiences, all tied to its industry-leading Caesars Rewards loyalty program 678. The company is committed to responsible gaming and corporate social responsibility, as evidenced by its PEOPLE PLANET PLAY framework and various initiatives 91011.
4: Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment company in the US and one of the world's most diversified casino-entertainment providers. Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.'s resorts operate primarily under the Caesars®, Harrah's®, Horseshoe®, and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards loyalty program, the company focuses on building value with its guests through a unique combination of impeccable service, operational excellence, and technology leadership. Caesars is committed to its employees, suppliers, communities, and the environment through its PEOPLE PLANET PLAY framework. To review our latest CSR report, please visit www.caesars.com/corporate-social-responsibility/csr-reports. Know When To Stop Before You Start.® Gambling Problem? Call 1-800-GAMBLER. For more information, please visit www.caesars.com/corporate. View Source5: Caesars Entertainment, Inc. and Eldorado Resorts, Inc. came together in 2020 to create the largest gaming company in the U.S. – Caesars Entertainment. Each company brings a rich, storied history that positions us to be the global leader in the gaming industry as we embark on this exciting new chapter. View Source6: Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment company in the US and one of the world's most diversified casino-entertainment providers. Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.'s resorts operate primarily under the Caesars®, Harrah's®, Horseshoe®, and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards loyalty program, the company focuses on building value with its guests through a unique combination of impeccable service, operational excellence, and technology leadership. Caesars is committed to its employees, suppliers, communities, and the environment through its PEOPLE PLANET PLAY framework. To review our latest CSR report, please visit www.caesars.com/corporate-social-responsibility/csr-reports. Know When To Stop Before You Start.® Gambling Problem? Call 1-800-GAMBLER. For more information, please visit www.caesars.com/corporate. View Source7: Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (49% of 2023 EBITDAR before corporate expenses) and regional (48%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced marginal EBITDA in 2023. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah’s, Tropicana, Bally’s, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform. View Source8: Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno. In addition, the company operates dining venues, bars, nightclubs, lounges, hotels, and entertainment venues; and provides staffing and management services. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada. View Source9: Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment company in the US and one of the world's most diversified casino-entertainment providers. Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.'s resorts operate primarily under the Caesars®, Harrah's®, Horseshoe®, and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards loyalty program, the company focuses on building value with its guests through a unique combination of impeccable service, operational excellence, and technology leadership. Caesars is committed to its employees, suppliers, communities, and the environment through its PEOPLE PLANET PLAY framework. To review our latest CSR report, please visit www.caesars.com/corporate-social-responsibility/csr-reports. Know When To Stop Before You Start.® Gambling Problem? Call 1-800-GAMBLER. For more information, please visit www.caesars.com/corporate. View Source10: Caesars has been a leader in Responsible Gaming since the launch of Project 21 in 1989, setting the standard for the gaming industry's Responsible Gaming programming. In addition to the Universal Exclusion and 21+ Gaming policies, Caesars Entertainment’s Responsible Gaming initiatives include awareness and education training for all Caesars Entertainment and Caesars Sportsbook & Casino Team Members, provides advanced Responsible Gaming training to over 1,800 Responsible Gaming Ambassadors to assist guests who may not be playing responsibly, a Responsible Gaming Council comprised of seven senior leaders to oversee Responsible Gaming policies on behalf of the Company, charitable giving to organizations dedicated to research, education, workforce development and treatment of problem gambling including serving as a member of the Leadership Circle for the National Council on Problem Gambling. View Source11: Caesars Entertainment's goals regarding Responsible Gaming are simple and unequivocal: Caesars wants everyone who visits and gambles at its properties or through its online products to do so for the right reason – to simply have fun. The Company's initiatives intentionally span platforms, markets, audiences and mediums to ensure all players are aware of their options when it comes to safe play. For more information about Caesars Entertainment's Responsible Gaming program, please visit https://www.caesars.com/corporate. View Source
NO
Caesars Entertainment Inc. is not still led by its founders, nor are the founders heavily involved. The company has grown significantly since its founding in 1937 by Bill Harrah and has undergone various expansions and acquisitions, including a merger with Eldorado Resorts in 2020 1213. The current leadership is composed of senior management and a board of directors, with no indication that the founders are still involved 1415.
Caesars Entertainment Inc. is not still led by its founders, nor are the founders heavily involved. The company has grown significantly since its founding in 1937 by Bill Harrah and has undergone various expansions and acquisitions, including a merger with Eldorado Resorts in 2020 1213. The current leadership is composed of senior management and a board of directors, with no indication that the founders are still involved 1415.
12: Caesars Entertainment, Inc. and Eldorado Resorts, Inc. came together in 2020 to create the largest gaming company in the U.S. – Caesars Entertainment. Each company brings a rich, storied history that positions us to be the global leader in the gaming industry as we embark on this exciting new chapter. View Source13: The Caesars Entertainment corporate legacy began in 1937 when Bill Harrah opened Harrah’s Bingo Club, a modest establishment in Reno, Nevada. What began as a single property expanded over the years to offer more than 50 dazzling casinos worldwide. In 1947, Flamingo Hotel & Casino became the first casino on the Las Vegas Strip and by 1973, Harrah’s was the first casino company listed on the New York Stock Exchange. View Source14: Senior management at Caesars Entertainment leads an extensive team enterprise wide as they adhere to the commitments made to these employees, our guests, our communities and the environment. View Source15: Caesars Entertainment is committed to good corporate governance. Our Investor Relations page has further details regarding our board of directors, governance, committee composition, financials and filings. View Source
MEDIUM RISK
Caesars Entertainment Inc. has shown a mix of financial strengths and challenges. While the company has realized significant synergies from its merger with Eldorado and has a strong market presence with over 50 properties and a diversified portfolio 1617, its stock performance has been poor, with a 60% decline over the past three years and a 36% decline in the past year 1819. Additionally, the company has received mixed ratings from analysts, with some downgrading it to "SELL" and lowering its price target 2021. Despite insider buying, which is a positive sign, the overall investor sentiment remains cautious 22. Therefore, the financial situation of Caesars Entertainment Inc. can be considered as medium risk.
Caesars Entertainment Inc. has shown a mix of financial strengths and challenges. While the company has realized significant synergies from its merger with Eldorado and has a strong market presence with over 50 properties and a diversified portfolio 1617, its stock performance has been poor, with a 60% decline over the past three years and a 36% decline in the past year 1819. Additionally, the company has received mixed ratings from analysts, with some downgrading it to "SELL" and lowering its price target 2021. Despite insider buying, which is a positive sign, the overall investor sentiment remains cautious 22. Therefore, the financial situation of Caesars Entertainment Inc. can be considered as medium risk.
16: As a result of the acquisition of the legacy Caesars business by Eldorado (closed July 2020) and its leading omnichannel presence, we estimate Caesars holds around 10% revenue share of the $66 billion domestic commercial casino gaming market. The acquisition roughly doubled the company’s US portfolio to about 50 properties while lifting its loyalty membership to over 60 million from 55 million. Caesars has realized over $1 billion in combined sales and cost synergies from its merger with Eldorado, representing around a 30% increase to pro forma 2019 EBITDAR. Before this recent combination, legacy Eldorado successfully integrated the Isle and Tropicana acquisitions in 2017 and 2018, respectively, with both deals driving about a 30% return on investment, based on our calculation. View Source17: Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (49% of 2023 EBITDAR before corporate expenses) and regional (48%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced marginal EBITDA in 2023. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah’s, Tropicana, Bally’s, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform. View Source18: Caesars Entertainment (NASDAQ:CZR shareholders incur further losses as stock declines 6.0% this week, taking three-year losses to 60% View Source19: The truth is that if you invest for long enough, you're going to end up with some losing stocks. But long term Caesars Entertainment, Inc. (NASDAQ:CZR) shareholders have had a particularly rough ride in the last three year. Sadly for them, the share price is down 60% in that time. The more recent news is of little comfort, with the share price down 36% in a year. And the share price decline continued over the last week, dropping some 6.0%. View Source20: Raising target price to $33.00 CAESARS ENTERTAINMENT INC has an Investment Rating of SELL; a target price of $33.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low. Rating Price Target Argus• 7 days ago Lowering target price to $29.00 CAESARS ENTERTAINMENT INC has an Investment Rating of SELL; a target price of $29.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Low. Rating Price Target Argus• 14 days ago What does Argus have to say about CZR? CAESARS ENTERTAINMENT INC has an Investment Rating of SELL; a target price of $30.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Low. Rating Price Target Argus• 21 days ago Morningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover In this edition, divining European insurance dividends; demand for gaming can't be denied; initiating coverage of UL Solutions; and Port of Tauranga, Prudential Financial, and Nokia. Morningstar• 25 days ago View Source21: Susquehanna raised the price target for the Caesars Entertainment Inc (NASDAQ:CZR) stock from “a Neutral” to “a Negative”. The rating was released on July 15, 2024, according to finviz. The research report from B. Riley Securities has resumed the stock to Buy, with a price target set at $70. The stock was initiated by JMP Securities, who disclosed in a research note on January 09, 2024, to Mkt Outperform and set the price objective to $65. In their research brief published October 12, 2023, CapitalOne analysts initiated the Caesars Entertainment Inc stock to Equal Weight with a price target of $51. View Source22: It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. This free report showing analyst forecasts should help you form a view on Caesars Entertainment View Source
YES
Caesars Entertainment Inc. is launching new product offerings. The company has recently expanded its mobile sports betting access in Washington, D.C. 23 and completed the acquisition of Michigan iGaming operations from Wynn Resorts 24. Additionally, Caesars Entertainment is promoting new experiences such as the Formula 1 Heineken Silver Las Vegas Grand Prix and the DiscoShow at The LINQ 25.
Caesars Entertainment Inc. is launching new product offerings. The company has recently expanded its mobile sports betting access in Washington, D.C. 23 and completed the acquisition of Michigan iGaming operations from Wynn Resorts 24. Additionally, Caesars Entertainment is promoting new experiences such as the Formula 1 Heineken Silver Las Vegas Grand Prix and the DiscoShow at The LINQ 25.
23: Why a Harris victory and GOP Senate takeover is the best outcome for consumer stocks MarketWatch Jul 24, 2024 12:29pm Caesars Entertainment Wins Corporate Social Responsibility Award at National Council on Problem Gambling National Awards Business Wire Jul 22, 2024 8:43pm Buddy Valastro Celebrates Grand Opening of Buddy’s Boardwalk Empire at Harrah’s Resort Atlantic City Business Wire Jul 19, 2024 6:34pm Caesars Sportsbook Expands Mobile Sports Betting Access in Washington, D.C. Business Wire Jul 17, 2024 5:01pm Caesars Entertainment, Inc. Appoints Rodney Williams to Board of Directors Business Wire Jul 1, 2024 8:15pm Caesars Entertainment, Inc. to Report 2024 Second Quarter Results on July 30, 2024 Business Wire Jul 1, 2024 12:00pm Caesars Entertainment, Inc. Completes Previously Announced Acquisition of Michigan iGaming Operations from Wynn Resorts Business Wire Jun 18, 2024 4:00pm Caesars Entertainment Releases 2023 Corporate Social Responsibility Report Business Wire Jun 6, 2024 6:05pm View Source24: Why a Harris victory and GOP Senate takeover is the best outcome for consumer stocks MarketWatch Jul 24, 2024 12:29pm Caesars Entertainment Wins Corporate Social Responsibility Award at National Council on Problem Gambling National Awards Business Wire Jul 22, 2024 8:43pm Buddy Valastro Celebrates Grand Opening of Buddy’s Boardwalk Empire at Harrah’s Resort Atlantic City Business Wire Jul 19, 2024 6:34pm Caesars Sportsbook Expands Mobile Sports Betting Access in Washington, D.C. Business Wire Jul 17, 2024 5:01pm Caesars Entertainment, Inc. Appoints Rodney Williams to Board of Directors Business Wire Jul 1, 2024 8:15pm Caesars Entertainment, Inc. to Report 2024 Second Quarter Results on July 30, 2024 Business Wire Jul 1, 2024 12:00pm Caesars Entertainment, Inc. Completes Previously Announced Acquisition of Michigan iGaming Operations from Wynn Resorts Business Wire Jun 18, 2024 4:00pm Caesars Entertainment Releases 2023 Corporate Social Responsibility Report Business Wire Jun 6, 2024 6:05pm View Source25: Formula 1 Heineken Silver Las Vegas Grand Prix Book the Caesars Palace Experience, November 21-23, 2024 Learn More Rooms From $27 $24 Semi-annual Sale + Resort Fees DiscoShow Arrives Summer 2024 at The LINQ Learn More Las Vegas Flights & Hotel Packages Bundle and earn with Caesars Rewards Learn More Caesars Sportsbook The only sportsbook app with Caesars Rewards Play Now Caesars Palace Online Your Palace Awaits Learn More The Killers: Live in Las Vegas Celebrating 20 Years of Hot Fuss Learn More Formula 1 Heineken Silver Las Vegas Grand Prix Book the Caesars Palace Experience, November 21-23, 2024 Learn More Rooms From $27 $24 Semi-annual Sale + Resort Fees View Source
Caesars Entertainment Inc. has laid out an ambitious product roadmap and expansion strategy for 2024 through 2026, focusing on both physical and digital growth. The company is expanding its mobile sports betting access, as evidenced by recent initiatives in Washington, D.C. 26, and has completed the acquisition of Michigan iGaming operations from Wynn Resorts 27. Additionally, Caesars is enhancing its entertainment and hospitality offerings with new experiences like the Formula 1 Heineken Silver Las Vegas Grand Prix and the DiscoShow at The LINQ 28. These efforts are supported by the company's robust Caesars Rewards loyalty program, which aims to build value through impeccable service, operational excellence, and technology leadership 29.
26: Why a Harris victory and GOP Senate takeover is the best outcome for consumer stocks MarketWatch Jul 24, 2024 12:29pm Caesars Entertainment Wins Corporate Social Responsibility Award at National Council on Problem Gambling National Awards Business Wire Jul 22, 2024 8:43pm Buddy Valastro Celebrates Grand Opening of Buddy’s Boardwalk Empire at Harrah’s Resort Atlantic City Business Wire Jul 19, 2024 6:34pm Caesars Sportsbook Expands Mobile Sports Betting Access in Washington, D.C. Business Wire Jul 17, 2024 5:01pm Caesars Entertainment, Inc. Appoints Rodney Williams to Board of Directors Business Wire Jul 1, 2024 8:15pm Caesars Entertainment, Inc. to Report 2024 Second Quarter Results on July 30, 2024 Business Wire Jul 1, 2024 12:00pm Caesars Entertainment, Inc. Completes Previously Announced Acquisition of Michigan iGaming Operations from Wynn Resorts Business Wire Jun 18, 2024 4:00pm Caesars Entertainment Releases 2023 Corporate Social Responsibility Report Business Wire Jun 6, 2024 6:05pm View Source27: Why a Harris victory and GOP Senate takeover is the best outcome for consumer stocks MarketWatch Jul 24, 2024 12:29pm Caesars Entertainment Wins Corporate Social Responsibility Award at National Council on Problem Gambling National Awards Business Wire Jul 22, 2024 8:43pm Buddy Valastro Celebrates Grand Opening of Buddy’s Boardwalk Empire at Harrah’s Resort Atlantic City Business Wire Jul 19, 2024 6:34pm Caesars Sportsbook Expands Mobile Sports Betting Access in Washington, D.C. Business Wire Jul 17, 2024 5:01pm Caesars Entertainment, Inc. Appoints Rodney Williams to Board of Directors Business Wire Jul 1, 2024 8:15pm Caesars Entertainment, Inc. to Report 2024 Second Quarter Results on July 30, 2024 Business Wire Jul 1, 2024 12:00pm Caesars Entertainment, Inc. Completes Previously Announced Acquisition of Michigan iGaming Operations from Wynn Resorts Business Wire Jun 18, 2024 4:00pm Caesars Entertainment Releases 2023 Corporate Social Responsibility Report Business Wire Jun 6, 2024 6:05pm View Source28: Formula 1 Heineken Silver Las Vegas Grand Prix Book the Caesars Palace Experience, November 21-23, 2024 Learn More Rooms From $27 $24 Semi-annual Sale + Resort Fees DiscoShow Arrives Summer 2024 at The LINQ Learn More Las Vegas Flights & Hotel Packages Bundle and earn with Caesars Rewards Learn More Caesars Sportsbook The only sportsbook app with Caesars Rewards Play Now Caesars Palace Online Your Palace Awaits Learn More The Killers: Live in Las Vegas Celebrating 20 Years of Hot Fuss Learn More Formula 1 Heineken Silver Las Vegas Grand Prix Book the Caesars Palace Experience, November 21-23, 2024 Learn More Rooms From $27 $24 Semi-annual Sale + Resort Fees View Source29: Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment company in the US and one of the world's most diversified casino-entertainment providers. Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.'s resorts operate primarily under the Caesars®, Harrah's®, Horseshoe®, and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards loyalty program, the company focuses on building value with its guests through a unique combination of impeccable service, operational excellence, and technology leadership. Caesars is committed to its employees, suppliers, communities, and the environment through its PEOPLE PLANET PLAY framework. To review our latest CSR report, please visit www.caesars.com/corporate-social-responsibility/csr-reports. Know When To Stop Before You Start.® Gambling Problem? Call 1-800-GAMBLER. For more information, please visit www.caesars.com/corporate. View Source