C

Caesars Entertainment
D

CZR

32.830
USD
-0.22
(-0.67%)
Market Closed
Volume
437,770
EPS
-0
Div Yield
-
P/E
-20
Market Cap
6,975,730,547
OverviewSignalsIdeasNews
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News

Title: Caesars Entertainment

Sector: Consumer Cyclical
Industry: Resorts & Casinos
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 digitalsports betting platform.