Caesars Entertainment, Inc. operates as a gaming and hospitality company in the United States. The company operates casinos, including poker, keno, and race and online sportsbooks; dining venues, bars, nightclubs, and lounges; hotels; and entertainment venues. It also offers staffing and management services; accessories, souvenirs, and decorative items through retail stores; and online sports betting and iGaming services. As of December 31,2020, the company owned, leased, or managed 54 domestic properties in 16 states, consisting of approximately 54,600 slot machines, video lottery terminals, and e-tables; 3,200 table games; and 47,700 hotel rooms. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada.
IPO Year:
Exchange: NASDAQ
Website: caesars.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/15/2024 | $33.00 | Neutral → Negative | Susquehanna |
5/21/2024 | $55.00 | Strong Buy | Raymond James |
5/9/2024 | $70.00 | Buy | B. Riley Securities |
1/9/2024 | $65.00 | Mkt Outperform | JMP Securities |
10/12/2023 | $51.00 | Equal Weight | CapitalOne |
5/25/2023 | $27.00 → $39.00 | Negative → Neutral | Susquehanna |
1/24/2023 | $63.00 → $68.00 | Buy | Stifel |
12/14/2022 | $60.00 → $55.00 | Buy → Neutral | BofA Securities |
11/21/2022 | $51.00 | Equal-Weight | Morgan Stanley |
7/20/2022 | $32.00 | Neutral | Susquehanna |
8-K - Caesars Entertainment, Inc. (0001590895) (Filer)
10-Q - Caesars Entertainment, Inc. (0001590895) (Filer)
8-K - Caesars Entertainment, Inc. (0001590895) (Filer)
8-K - Caesars Entertainment, Inc. (0001590895) (Filer)
8-K - Caesars Entertainment, Inc. (0001590895) (Filer)
8-K - Caesars Entertainment, Inc. (0001590895) (Filer)
8-K - Caesars Entertainment, Inc. (0001590895) (Filer)
8-K - Caesars Entertainment, Inc. (0001590895) (Filer)
8-K/A - Caesars Entertainment, Inc. (0001590895) (Filer)
10-Q - Caesars Entertainment, Inc. (0001590895) (Filer)
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4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
New online casino mobile app and online gaming platform pays homage to a legendary gaming brand with an elevated experience built for the seasoned casino player A legendary casino brand known for providing unparalleled customer satisfaction is bringing its player-centric gaming experience to the online world. Caesars Entertainment, Inc. (NASDAQ:CZR) ("Caesars") today announced the launch of Horseshoe Online Casino, a cutting-edge online casino app and desktop platform developed for the seasoned casino player. Horseshoe Online Casino builds on the legacy of the Horseshoe brand, a leader in providing exceptional gaming experiences since 1951 with a heritage that celebrates casino players wh
Sports fans can visit the Evergreen State's largest casino to register and enjoy an elevated sports wagering experience on mobile devices while on property Caesars Entertainment, Inc. (NASDAQ:CZR) ("Caesars") launched the Caesars Sportsbook Muckleshoot app, which is now accepting mobile sports bets at Muckleshoot Casino Resort in Auburn, Washington. Guests 21 and older who are interested in wagering on mobile devices can download the Caesars Sportsbook Muckleshoot app and must be physically present on the property at Muckleshoot to verify their registration for an account and place wagers during their visit, in accordance with state law. "The Caesars Sportsbook Muckleshoot app enhances th
State-of-the-art sports bar Oddfellahs powered by Caesars Sportsbook is now accepting sports bets in downtown Portland Caesars Entertainment, Inc. (NASDAQ:CZR) ("Caesars") today celebrated the first in-person sports wagering location in the state of Maine at the newly opened sports entertainment venue, Oddfellahs, powered by Caesars Sportsbook. Made possible through Caesars Sportsbook's partnership with First Tracks Investments LLC, the new state-of-the-art sports bar brings in-person sports betting to the Pine Tree State for the first time. Oddfellahs today commemorated its grand opening in the heart of downtown Portland at 55 Market St. with a ceremonial first bet placed by Portland May
Advances Ongoing Commitment to Refreshment and Strong Corporate Governance Biumi Brings More Than 40 Years of Senior Financial, Operational and Board Experience Hilliard M. Eure III Retires From the Board MarineMax, Inc. (NYSE:HZO), the world's largest recreational boat, yacht and superyacht services Company, today announced the appointment of Bonnie S. Biumi to its Board of Directors, effective September 1, 2024. Ms. Biumi, 62, will also serve as chair of the Audit Committee, replacing Hilliard M. Eure III, who simultaneously will retire from the Board after 20 years of service. Ms. Biumi brings more than 40 years of public accounting and operational leadership experience across di
Expanded access to the Caesars Sportsbook mobile platform brings a premier sports wagering experience to more sports fans on mobile and desktop Just over three years after making history by opening the first sportsbook in a U.S. professional sports venue at Capital One Arena, Caesars Entertainment, Inc. (NASDAQ:CZR) ("Caesars") announced today that its flagship mobile sports wagering platform, Caesars Sportsbook, is expanding its reach across Washington, D.C. Starting today, sports fans 21 and older can download the Caesars Sportsbook app on iOS and Android, or access it via desktop, district-wide – except on federal lands and designated areas surrounding other professional sports venues.
Caesars Entertainment, Inc. (NASDAQ:CZR) today announced the appointment of Rodney Williams to its Board of Directors, effective July 1, 2024, subject to required regulatory approvals and pending licensure. With a unique perspective derived from a track record of luxury brand-building, strategic and digital marketing, and corporate leadership, Williams will bring a distinct and innovative vision to the Caesars Entertainment Board of Directors. "Rodney is an important addition to the Caesars Entertainment leadership team," said Gary Carano, Executive Chairman of the Board, Caesars Entertainment. "Rodney's career leading some of the world's best-known beverage brands gives him unmatched per
Online casino mobile app refresh raises the bar with an upgraded experience anchored by the familiarity of a best-in-class iGaming product **For downloadable high-res assets, click here** Caesars Entertainment, Inc. (NASDAQ:CZR) ("Caesars") today announced a comprehensive upgrade to the Caesars Palace Online Casino mobile app on iOS and Android. The new-look Caesars Palace Online Casino app is now live and headlined by an industry-first multi-lobby navigation layout that revolutionizes the online casino experience with curated lobbies dedicated to popular game concepts, including slots, table games, and Live Dealer. This press release features multimedia. View the full release here: ht
Caesars Entertainment, Inc. (NASDAQ:CZR) today announced the appointment of Kim Harris Jones to its Board of Directors, effective April 29, 2024, subject to required regulatory approvals and pending licensure. With a track record of strategic corporate leadership as both an executive and a board member, Harris Jones will bring a unique perspective and in-depth experience to the Caesars Entertainment Board of Directors. "Kim Harris Jones is a tremendous addition to the Caesars Entertainment leadership team," said Gary Carano, Executive Chairman of the Board, Caesars Entertainment. "With her extensive experience in finance and a reputation as a thoughtful and engaged leader inside some of t
Sports fans can now enjoy a fully immersive mobile sports wagering experience while visiting Harrah's Gulf Coast in Biloxi Caesars Entertainment, Inc. (NASDAQ:CZR) ("Caesars") today announced that the Caesars Sportsbook Mississippi app is accepting mobile sports bets at Harrah's Gulf Coast in Biloxi, Mississippi. Sports fans 21 and older who are interested in wagering on sports via mobile devices can download the Caesars Sportsbook Mississippi app to register and deposit statewide but must be physically present on-property at Harrah's Gulf Coast to wager. The launch of the Caesars Sportsbook Mississippi mobile app complements the on-premise Caesars Sportsbook location, which accepted it
Sports fans 21 and older across North Carolina can get in on the action with the Caesars Sportsbook app on mobile or via desktop After becoming the first sportsbook to offer mobile sports wagering in North Carolina on Eastern Band of Cherokee Indians Tribal Lands and at Harrah's Cherokee Casino Resort and Harrah's Cherokee Valley River Casino & Hotel, Caesars Sportsbook is now accepting mobile sports wagers across the Tar Heel State. The full launch of Caesars Sportsbook, the premier sports betting platform operated by Caesars Entertainment, Inc. (NASDAQ:CZR) ("Caesars"), builds on the longstanding partnership between Caesars and the Eastern Band of Cherokee Indians. Sports fans 21 and ol
The new destination is the award-winning chef's seventh restaurant across Caesars Entertainment Las Vegas Resorts **For high-res images, click here** The Las Vegas burger scene just got tastier. Celebrated chef and TV personality Gordon Ramsay hosted a special event this evening to commemorate the grand opening of the second Gordon Ramsay Burger location on The Strip at Flamingo Las Vegas. Gordon Ramsay Burger is Chef Gordon Ramsay's seventh restaurant in Las Vegas with Caesars Entertainment and offers bold flavors and a lively atmosphere to the iconic resort. "Lucky number seven, can you believe it?" said Gordon Ramsay of the new restaurant. "Las Vegas is like a second home to me, an
Caesars Entertainment, Inc. (NASDAQ:CZR) will release its financial results for the fourth quarter and full year 2024 after the market closes on Tuesday, February 25, 2025. The company will also host a conference call on February 25, 2025, at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time, to discuss its results and other matters related to the company. Participants may register for the call by clicking here. Once registered, participants will receive an email with the dial-in number and unique PIN number to access the live event. The call will also be accessible via webcast on the Investor Relations section of Caesars Entertainment's website or by visiting https://investor.caesars.com. A
*For high-res images, click here* Flamingo Las Vegas is ready to fire up the grills as Gordon Ramsay Burger at Flamingo Las Vegas is now accepting reservations through OpenTable. The arrival of Gordon Ramsay Burger at Flamingo Las Vegas follows the success of the world-famous chef and TV personality's first Gordon Ramsay Burger, which opened at Planet Hollywood Resort & Casino in December 2012. It is the celebrated chef's seventh restaurant at Caesars Entertainment's Las Vegas Resorts and the fifth Gordon Ramsay Burger globally. "Wow, restaurant lucky No. 7 – I can't believe it!" said Gordon Ramsay. "I love Las Vegas, and I'm truly grateful for the incredible partnership we have in th
For hi-res images and b-roll, please click here Caesars Entertainment celebrated the grand opening of its highly anticipated destination Caesars Virginia earlier today. The luxury resort opened its doors for the first time following a ceremony led by Caesars Entertainment CEO Tom Reeg, Caesars Entertainment President & COO Anthony Carano, Caesars Entertainment Regional President Barron Fuller, Caesars Virginia General Manager Chris Albrecht and Eastern Band of Cherokee Indians Chief Michell Hicks. Danville Mayor Alonzo Jones, Virginia Lottery Executive Director Khalid Jones, Senator Tammy Mulchi, Deputy Secretary of Commerce and Trade Maggie Beal and hundreds of community members joined t
Caesars Entertainment, Inc. (NASDAQ:CZR) ("Caesars") today announced the closing of the previously announced sale of the LINQ Promenade to a joint venture formed between TPG Real Estate ("TPG") and the Investment Management Platform of Acadia Realty Trust ("Acadia") for $275 million. Concurrent with the closing of the transaction, Caesars made a $275 million voluntary prepayment of our Term Loan B due 2030 with the proceeds from the transaction. Latham & Watkins LLP and Brownstein Hyatt Farber and Schreck, LLP represented Caesars on the transaction. Kirkland & Ellis LLP provided transaction counsel to TPG & Acadia. About Caesars Entertainment, Inc. Caesars Entertainment, Inc. (NASDAQ:
Reservations are now available on OpenTable for the new Italian concept **For high-res images, click here** A decadent dining and lounge experience by Caesars Entertainment and Tao Group Hospitality is opening soon at Planet Hollywood Resort & Casino. Caramella, a new Italian restaurant with an expansive terrace overlooking The Strip and a swanky cocktail lounge, is now accepting reservations via OpenTable. "We are so fortunate to partner with Tao Group Hospitality again to create a fun and dynamic destination restaurant and lounge," said Ken Ostempowski, SVP and General Manager of Planet Hollywood Resort & Casino. "Caramella is the perfect place to enjoy dinner and drinks before a co
*For high-res images, click here* Guests were tickled pink at last night's grand opening event for Lisa Vanderpump's newest restaurant and cocktail bar, Pinky's by Vanderpump, at Flamingo Las Vegas. Friends of Vanderpump joined the party to celebrate, including actors Jesse Bradford and Andrea Watrouse, reality television stars Tom Schwartz and Peter Madrigal, and the cast from Vanderpump's latest show, "Vanderpump Villa." Pinky's by Vanderpump (coined after Vanderpump's nickname, "Pinky") features playful and decadent dishes that complement uniquely Instagrammable cocktails and the restaurateur's signature design aesthetic. "Pinky's has been a true labor of love, and we are excited
The new Parisian market-inspired venue is the award-winning pastry chef's second location in Las Vegas *For high-res images, click here* A freshly baked dining concept awaits at Paris Las Vegas. In partnership with Caesars Entertainment, Chef Dominique Ansel – James Beard Award-winning pastry chef and the creator of the Cronut® – will open his second venue on the Las Vegas Strip, Dominique Ansel Marché at Paris Las Vegas, on Friday, Dec. 6 at noon. As a "thank you" to those looking to take the first bites of Chef Dominique's signature creations, the first 50 guests will receive a commemorative gift in celebration of the grand opening. "I'm thrilled to have a new home at Paris Las Vega
For assets, please click here Caesars Virginia is excited to announce its highly anticipated opening date will be Thursday, Dec. 12, 2024. The resort will welcome its first guests beginning at noon. Additional details on the opening festivities will be announced at a later date. Caesars Virginia is a 587,000 square foot casino resort with more than 90,000 square feet of gaming space, including nearly 1,500 of the newest, most exciting slots, 79 live-action table games, 48 electronic table games, a WSOP™ poker room and Caesars Sportsbook. Additionally, Caesars Virginia is also home to a 320-room hotel tower, 50,000 square feet of meeting and convention space that also serves as a 2,500-sea
Caesars Entertainment, Inc. (NASDAQ:CZR) ("Caesars") today announced an agreement to sell the LINQ Promenade to a joint venture to be formed between TPG Real Estate ("TPG") and the Investment Management Platform of Acadia Realty Trust ("Acadia") for $275 million. This sale is subject to customary approvals and other closing conditions and is expected to close during the fourth quarter 2024. "The sale of the LINQ Promenade represents an accretive, non-core asset sale that will accelerate our debt reduction goals. I want to thank all the team members and the tenants of the LINQ Promenade for their partnership over the last 10 years and wish them continued success," said Tom Reeg, CEO of Caes
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
4 - Caesars Entertainment, Inc. (0001590895) (Issuer)
Susquehanna downgraded Caesars Entertainment from Neutral to Negative and set a new price target of $33.00
Raymond James initiated coverage of Caesars Entertainment with a rating of Strong Buy and set a new price target of $55.00
B. Riley Securities resumed coverage of Caesars Entertainment with a rating of Buy and set a new price target of $70.00
JMP Securities initiated coverage of Caesars Entertainment with a rating of Mkt Outperform and set a new price target of $65.00
CapitalOne initiated coverage of Caesars Entertainment with a rating of Equal Weight and set a new price target of $51.00
Susquehanna upgraded Caesars Entertainment from Negative to Neutral and set a new price target of $39.00 from $27.00 previously
Stifel reiterated coverage of Caesars Entertainment with a rating of Buy and set a new price target of $68.00 from $63.00 previously
BofA Securities downgraded Caesars Entertainment from Buy to Neutral and set a new price target of $55.00 from $60.00 previously
Morgan Stanley initiated coverage of Caesars Entertainment with a rating of Equal-Weight and set a new price target of $51.00
Susquehanna initiated coverage of Caesars Entertainment with a rating of Neutral and set a new price target of $32.00
Caesars Entertainment, Inc. (NASDAQ:CZR) will release its financial results for the fourth quarter and full year 2024 after the market closes on Tuesday, February 25, 2025. The company will also host a conference call on February 25, 2025, at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time, to discuss its results and other matters related to the company. Participants may register for the call by clicking here. Once registered, participants will receive an email with the dial-in number and unique PIN number to access the live event. The call will also be accessible via webcast on the Investor Relations section of Caesars Entertainment's website or by visiting https://investor.caesars.com. A
Caesars Entertainment, Inc., (NASDAQ:CZR) ("Caesars," "CZR," "CEI" or "the Company") today reported operating results for the third quarter ended September 30, 2024. Third Quarter 2024 and Recent Highlights: GAAP net revenues of $2.9 billion versus $3.0 billion for the comparable prior-year period. GAAP net loss of $9 million compared to net income of $74 million for the comparable prior-year period. Same-store Adjusted EBITDA of $1.0 billion versus $1.0 billion for the comparable prior-year period. Caesars Digital Adjusted EBITDA of $52 million versus $2 million for the comparable prior-year period. Tom Reeg, Chief Executive Officer of Caesars Entertainment, Inc., commented, "Du
WYOMISSING, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) ("GLPI" or the "Company") today announced financial results for the quarter ended September 30, 2024. Financial Highlights Three Months Ended September 30,(in millions, except per share data) 2024 2023Total Revenue $385.3 $359.6Income from Operations $271.4 $268.3Net Income $190.1 $189.3FFO (1) (4) $250.6 $254.4AFFO (2) (4) $268.2 $251.2Adjusted EBITDA (3) (4) $346.4 $327.1Net income, per diluted common share and OP units (4) $0.67 $0.70FFO, per diluted common share and OP units (4) $0.89 $0.94AFFO, per diluted common share and OP units (4) $0.95 $0.92 ________________
Caesars Entertainment, Inc. (NASDAQ:CZR) will release its financial results for the third quarter 2024 after the market closes on Tuesday, October 29, 2024. The company will also host a conference call on October 29, 2024 at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time, to discuss its results and other matters related to the company. Participants may register for the call by clicking here. Once registered, participants will receive an email with the dial-in number and unique PIN number to access the live event. The call will also be accessible via webcast on the Investor Relations section of Caesars Entertainment's website or by visiting https://investor.caesars.com. A replay of the call
Caesars Entertainment, Inc. (NASDAQ:CZR) ("Caesars," "CZR," "CEI" or "the Company") today reported operating results for the second quarter ended June 30, 2024. Second Quarter 2024 and Recent Highlights: GAAP net revenues of $2.8 billion versus $2.9 billion for the comparable prior-year period. GAAP net loss of $122 million compared to net income of $920 million for the comparable prior-year period, with the decrease primarily driven by a release of $940 million of valuation allowance against deferred tax assets associated with our REIT leases in the prior year. Same-store Adjusted EBITDA of $1.0 billion versus $1.0 billion for the comparable prior-year period. Caesars Digital
WYOMISSING, Pa., July 25, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) ("GLPI" or the "Company") today announced financial results for the quarter ended June 30, 2024. Financial Highlights Three Months Ended June 30,(in millions, except per share data) 2024 2023Total Revenue $380.6 $356.6Income from Operations $293.4 $238.3Net Income $214.4 $160.1FFO(1) (4) $279.2 $225.4AFFO(2) (4) $264.4 $250.4Adjusted EBITDA(3) (4) $340.4 $325.5Net income, per diluted common share and OP units(4) $0.77 $0.59FFO, per diluted common share and OP units(4) $1.00 $0.83AFFO, per diluted common share and OP units(4) $0.94 $0.92 ________________________________
Caesars Entertainment, Inc. (NASDAQ:CZR) will release its financial results for the second quarter 2024 after the market closes on Tuesday, July 30, 2024. The company will also host a conference call on July 30, 2024 at 5:30 p.m. Eastern Time, 2:30 p.m. Pacific Time, to discuss its results and other matters related to the company. Participants may register for the call by clicking here. Once registered, participants will receive an email with the dial-in number and unique PIN number to access the live event. The call will also be accessible via webcast on the Investor Relations section of Caesars Entertainment's website or by visiting https://investor.caesars.com. A replay of the call wil
Caesars Entertainment, Inc. (NASDAQ:CZR) ("Caesars," "CZR," "CEI" or "the Company") today reported operating results for the first quarter ended March 31, 2024. First Quarter 2024 and Recent Highlights: GAAP net revenues of $2.7 billion versus $2.8 billion for the comparable prior-year period. GAAP net loss of $158 million compared to net loss of $136 million for the comparable prior-year period. Same-store Adjusted EBITDA of $853 million versus $947 million for the comparable prior-year period. Caesars Digital Adjusted EBITDA of $5 million versus $(4) million for the comparable prior-year period. Tom Reeg, Chief Executive Officer of Caesars Entertainment, Inc., commented,
WYOMISSING, Pa., April 25, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) ("GLPI" or the "Company") today announced financial results for the quarter ended March 31, 2024. Financial Highlights Three Months Ended March 31,(in millions, except per share data) 2024 2023 Total Revenue $376.0 $355.2 Income from Operations $257.6 $266.8 Net Income $179.5 $188.7 FFO (1) (4) $244.4 $253.8 AFFO (2) (4) $258.6 $248.6 Adjusted EBITDA (3) (4) $333.4 $323.1 Net income, per diluted common share and OP units (4) $0.64 $0.70 FFO, per diluted common share and OP units (4) $0.87 $0.94 AFFO, per diluted common share and OP units (4) $0.92 $0.92 ____________________
Caesars Entertainment, Inc. (NASDAQ:CZR) will release its financial results for the first quarter 2024 after the market closes on Tuesday, April 30, 2024. The company will also host a conference call on April 30, 2024 at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time, to discuss its results and other matters related to the company. Participants may register for the call by clicking here. Once registered, participants will receive an email with the dial-in number and unique PIN number to access the live event. The call will also be accessible via webcast on the Investor Relations section of Caesars Entertainment's website or by visiting https://investor.caesars.com. A replay of the call wi