STOCK TITAN
  1. Home
  2. News
  3. CZR

Caesars Entertainment, Inc. - CZR STOCK NEWS

Welcome to our dedicated page for Caesars Entertainment news (Ticker: CZR), a resource for investors and traders seeking the latest updates and insights on Caesars Entertainment stock.

Caesars Entertainment, Inc. (symbol: CZR) stands as the world's most diversified casino-entertainment provider and the most geographically diverse U.S. casino-entertainment company. Originating in Reno, Nevada, 75 years ago, Caesars has flourished into a global powerhouse, operating 50 casinos across 13 U.S. states and five international countries. Its well-known brands, including Caesars, Harrah's, and Horseshoe, are synonymous with high-quality entertainment and luxury.

Caesars' expansion was significantly bolstered by the 2020 acquisition by Eldorado Resorts, which doubled its U.S. footprint. Today, the company’s portfolio includes notable properties such as Tropicana, Bally's, Isle, and Flamingo. Additionally, Caesars owns the U.S. segment of William Hill, a leading digital sports betting platform, which it divested from its international operations in 2022.

The company generates substantial revenue from both its Las Vegas (49% of 2023 EBITDAR before corporate expenses) and regional markets (48%). Beyond physical casinos, Caesars also manages properties and digital assets, which have shown promising, albeit marginal, EBITDA in recent years. Caesars Entertainment remains committed to innovation, driven by a collaborative culture that values accountability, passion, and idea sharing.

Recent achievements highlight Caesars' forward-thinking approach. For instance, the sale of Casinos.com in 2022 for a multi-million-dollar deal underscores its strategic investments in high-value digital assets. The company also continually seeks talented individuals who share its core values and dedication to exceptional guest experiences, team member engagement, community impact, and environmental stewardship.

As Caesars Entertainment looks to the future, it remains a beacon of excellence in the casino-entertainment industry, blending tradition with cutting-edge innovation to offer unparalleled experiences to its guests and stakeholders around the world.

News

Chef Nobu Matsuhisa Hosts 10th Anniversary Celebration for Nobu Hotel Caesars Palace and Nobu Hotels Oct. 27

Rhea-AI Summary
Limited tickets are on sale now for a one-night-only party commemorating the milestone anniversary of the world’s first Nobu Hotel
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.49%
Tags
none
-
News

Legendary Peter Luger Steak House is Now Accepting Reservations at Caesars Palace

Rhea-AI Summary
Peter Luger Steak House is opening its first domestic expansion in Las Vegas after more than 60 years. The Caesars Palace location is now accepting reservations through OpenTable. The restaurant has a long history of serving America's highest-quality beef and has set the standard for American steak houses. The Las Vegas location will feature a dry-aging facility and offer the iconic Peter Luger Steak for Two. The Chilled Shellfish Tower will be exclusive to the Las Vegas location. The restaurant's design draws inspiration from the original Brooklyn location. Peter Luger Steak House Las Vegas will be the restaurant's fourth location globally. The restaurant opens this fall near MR CHOW at Caesars Palace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
Tags
none
-
News

IGT PlayDigital™ Delivers Bespoke CAESARS CLEOPATRA Game as Launch Title for Caesars Palace Online Casino

Rhea-AI Summary
IGT launches CAESARS CLEOPATRA for Caesars Palace Online Casino, offering a unique gaming experience. The game has a 20-payline slot with the chance to triple awards and win up to 10,000x the line bet. It is available for download in select regions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.89%
Tags
none
News

WSOP Online Returns For Players Worldwide From August 20 - October 17

Rhea-AI Summary
WSOP Online 2023, the prestigious online poker tournament series, will offer a total of 33 WSOP gold bracelets at GGPoker and WSOP.COM, with an additional 8 bracelets available at GGPoker.CA. The tournament series runs from Aug. 20 to Oct. 2, 2023, and offers a wide range of buy-ins and satellites. Daniel Negreanu, GGPoker Global Ambassador, will be participating in multiple bracelet events and streaming his play. Players can also join Negreanu at GGPoker's Rush & Cash tables for a special promotion. The domestic series at WSOP.COM begins with a $400 No Limit Hold'em event and includes favorites like the Colossus and the $1,000 Online Championship.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
none
-
News

Caesars Entertainment Launches Caesars Racebook in New York

Rhea-AI Summary
Caesars Entertainment has announced that its horse racing account wagering app, Caesars Racebook, is now live in New York State. The app allows fans to enjoy pari-mutuel wagering on premier horse racing content from over 300 tracks worldwide. Caesars Racebook is available on iOS, Android, and desktop.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
none
-
News

Your Palace Awaits! Caesars Palace Goes Mobile with the Launch of Caesars Palace Online Casino

Rhea-AI Summary
Caesars Entertainment launches Caesars Palace Online Casino, an online casino app and desktop platform tied to its customer loyalty program and leveraging its network of premier destinations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
none
News

Global Icon Shania Twain Announces Her Return to Las Vegas With Brand New COME ON OVER Residency at Bakkt Theater at Planet Hollywood Resort & Casino

Rhea-AI Summary
Shania Twain: COME ON OVER – The Las Vegas Residency – All The Hits! - Shania Twain, the top-selling female country artist of all time, is returning to the Las Vegas Strip with a new residency at Bakkt Theater at Planet Hollywood Resort & Casino. The residency, featuring all her hits, will kick off on May 10, 2024. Presales begin on August 16, and public on sale begins on August 21. For more information, visit the official press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
Tags
none
-
News

Caesars Entertainment Releases 14th Annual Corporate Social Responsibility Report

Rhea-AI Summary
Caesars Entertainment, Inc. releases its 2022 Corporate Social Responsibility report, highlighting progress on diversity, equity, and inclusion goals, environmental impact, community investment, and Team Member support. The report reveals achievements such as a 41.8% reduction in Scope 1 + 2 emissions, a 14% reduction in water consumption, and a 106% increase in people of color in senior leadership roles. Caesars also invested $81 million in communities, launched an educational assistance program, and introduced new Team Member support programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.92%
Tags
none
-
News

Donny Osmond Extends Las Vegas Residency at Harrah’s Las Vegas Through May of 2024

Rhea-AI Summary
Donny Osmond (TBD) Extends Las Vegas Residency at Harrah’s Las Vegas Through May of 2024 - Legendary entertainer and music icon Donny Osmond has extended his award-winning solo residency inside Harrah’s Las Vegas Showroom through May of 2024. The show features a dynamic, energy-filled musical journey of his unparalleled life, including engaging performances, audience interactive segments, and a full Broadway production of his classic Disney hit from Mulan, 'I'll Make A Man Out Of You.' Tickets go on sale to the public on August 5th at 10 a.m. PT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
none
News

Caesars Entertainment, Inc. Reports Second Quarter 2023 Results

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.33%
Tags
earnings

FAQ

What is the current stock price of Caesars Entertainment (CZR)?

The current stock price of Caesars Entertainment (CZR) is $32.82 as of December 20, 2024.

What is the market cap of Caesars Entertainment (CZR)?

The market cap of Caesars Entertainment (CZR) is approximately 7.0B.

What does Caesars Entertainment, Inc. do?

Caesars Entertainment, Inc. is the world’s most diversified casino-entertainment provider, operating 50 casinos across 13 U.S. states and five countries.

What brands does Caesars Entertainment operate under?

Caesars Entertainment operates primarily under the Caesars, Harrah's, and Horseshoe brand names in the U.S. and Caesars Entertainment in the UK.

How did Caesars Entertainment expand its U.S. presence?

Caesars' U.S. presence roughly doubled with the 2020 acquisition by Eldorado Resorts.

What is the significance of Caesars' digital assets?

Caesars' digital assets, including the U.S. portion of William Hill, have shown promising EBITDA, reflecting the company's investment in the growing digital sports betting market.

What recent strategic moves has Caesars made?

In 2022, Caesars sold Casinos.com in a multi-million-dollar deal, highlighting its strategic focus on high-value digital assets.

What is the company's cultural approach?

Caesars promotes a collaborative culture focused on accountability, passion, and idea sharing, driving innovation and continuous improvement.

What are the key revenue sources for Caesars?

Caesars generates significant revenue from its Las Vegas properties (49% of 2023 EBITDAR before corporate expenses) and regional markets (48%).

Where did Caesars Entertainment originate?

Caesars Entertainment began in Reno, Nevada, 75 years ago.

What is Caesars Entertainment's commitment to its stakeholders?

Caesars is dedicated to exceptional guest experiences, team member engagement, community impact, and environmental stewardship.

How does Caesars view its future in the industry?

Caesars Entertainment continues to blend tradition with innovation to offer unparalleled experiences and maintain its position as a leader in the casino-entertainment industry.

Stock CZR logo
Caesars Entertainment, Inc.

Nasdaq:CZR

CZR Rankings

#1054 Ranked by Market Cap
N/A Ranked by Dividends

CZR Stock Data

6.99B
210.85M
0.73%
105.04%
7.23%
Resorts & Casinos
Hotels & Motels
Link
United States of America
RENO