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.
News and press releases for Caesars Entertainment, Inc. (NASDAQ: CZR) highlight the company’s activities as a major casino-entertainment operator with a significant digital presence. Investors and followers of CZR can use this page to review company-issued updates on financial performance, property developments, digital product launches and corporate governance events.
Recent news includes quarterly earnings announcements, where Caesars reports net revenues, segment results for its Las Vegas, regional, Caesars Digital and managed and branded operations, and non-GAAP measures such as Adjusted EBITDA. These releases often feature commentary from senior leadership on trends across its resort portfolio and digital platforms.
Caesars also issues news about the expansion of its Caesars Sportsbook and online casino offerings. Examples include the launch of mobile and in-person sports wagering in Missouri, the opening of new Caesars Sportsbook locations at properties like Harrah’s Kansas City, Horseshoe St. Louis and Monmouth Park in New Jersey, and partnerships to bring a Caesars Sportsbook to Rampart Casino in the Summerlin area, subject to regulatory approval. Other announcements describe enhancements to the Caesars Palace Online Casino app, such as the Caesars Rewards Shop feature for redeeming Reward Credits.
Entertainment and hospitality updates are another recurring theme. Releases cover developments at Caesars Palace in Las Vegas, including recognition for Restaurant Guy Savoy and new residencies at The Colosseum, such as Cyndi Lauper: Live in Las Vegas. Corporate governance items, like a board member’s planned retirement, are reported through both SEC filings and associated press statements.
By reviewing this news feed, readers can follow how Caesars Entertainment presents its strategy across resort operations, digital gaming, loyalty integration and responsible gaming initiatives, as well as track notable property-level and brand-level milestones.
Caesars Entertainment (NASDAQ: CZR) has launched its first proprietary online casino game, Caesars Palace Signature Multihand Blackjack Surrender, developed by its new in-house studio Empire Creative™. The game is currently available exclusively on Caesars Palace Online Casino in New Jersey, with plans to expand to other jurisdictions.
The new blackjack game features innovative elements including ambidextrous game modes, brand-aligned design, comprehensive wagering options, turbo mode, customizable audio, safety net features, and voiceover flexibility. The game is accessible to players 21 and older in New Jersey through iOS, Android, or desktop platforms.
This launch represents Caesars' first venture into developing and certifying fully proprietary online casino games, marking a strategic expansion of their digital gaming portfolio. The game will be available across Horseshoe Online Casino and Caesars Sportsbook & Casino brands in various jurisdictions including New Jersey, Pennsylvania, Michigan, Ontario, and West Virginia.
The Ontario Lottery and Gaming Corporation (OLG) has selected Caesars Entertainment (NASDAQ: CZR) as the service provider for the Windsor Casino in Ontario, Canada. Under a 20-year operating agreement expected to begin in 2026, Caesars will manage both gaming and non-gaming operations at the property.
This selection marks the final phase of OLG's land-based gaming modernization initiative. Caesars and its predecessor companies have been operating Caesars Windsor (formerly Casino Windsor) since the temporary facility opened in 1994. The agreement includes an 18-month restriction on organizational changes, and existing unionized employees will remain under their current collective agreement terms.
Caesars Entertainment announces a $160 million transformation of Harveys Lake Tahoe into Caesars Republic Lake Tahoe Hotel & Casino, set to launch in summer 2025. The property will remain operational during the renovation, with the official rebranding scheduled for July 1.
The 1.6 million-square-foot resort renovation includes:
- Complete modernization of the 88,000-square-foot casino floor
- New High Limit Room and World Series of Poker Room
- Remodeling of the Remus Tower (formerly Mountain Tower)
- Butler service for select suites
- New lobby bar - Cleo's Coffee and Cocktails
The project will continue through 2025, pausing during summer, with final completion expected in mid-2026. This marks the second Caesars Republic location following Scottsdale. The connected Harrah's Lake Tahoe is also undergoing improvements, including Summit Suites renovation and the newly opened Brew Brothers restaurant.
Caesars Entertainment reported its Q1 2025 financial results, showing mixed performance across segments. The company achieved GAAP net revenues of $2.8 billion, up from $2.7 billion year-over-year, while reducing its net loss to $115 million from $158 million.
Key highlights include:
- Same-store Adjusted EBITDA reached $884 million (up from $849 million)
- Digital segment showed remarkable growth with $43 million EBITDA (up from $5 million)
- Regional segment grew 1.7% in revenue
- Las Vegas segment saw a slight decline of 1.9%
The company's financial position shows total debt of $12.3 billion with cash and equivalents of $884 million. Management highlighted expectations for lower capital expenditures and cash interest expense in 2025, with plans to reduce debt and conduct opportunistic share repurchases. Notable was the April share repurchase of $100 million at $23.84 per share.
Caesars Entertainment has integrated pari-mutuel horse race wagering into its Caesars Sportsbook app in Kentucky and Colorado ahead of the Kentucky Derby. The integration offers users a seamless shared wallet experience combining sports betting with horse racing through NYRA Bets technology.
Key features include:
- Live streaming from 300+ racetracks worldwide
- Access to major venues like Del Mar, Monmouth Park, and Keeneland
- Integration with Caesars Rewards loyalty program
- In-app horse racing statistics and handicapping data
The move strengthens Caesars' position in horse racing, where it already operates multiple tracks and sponsors the National Horseplayers Championship. The Caesars Racebook standalone app remains available in 20 other states. The company maintains strict responsible gaming practices and enforces a 21+ gaming policy across all platforms.
Caesars Entertainment has expanded its WSOP Online poker platform to include Pennsylvania, becoming the first operator to share liquidity across four U.S. states. Players from Pennsylvania can now join those in Nevada, New Jersey, and Michigan on the upgraded platform ahead of the 2025 World Series of Poker in Las Vegas.
Key highlights:
- 30 bracelet events scheduled for 2025 WSOP Online
- New Online Bracelet Leaderboard offering $30,000 in prizes
- Six Mystery Bounty tournaments with $5.5 Million in guarantees
- Ten hybrid format events with live final tables in Las Vegas
- Daily satellites starting at $1 entry fees
The 56th annual World Series of Poker will run from May 27 to July 16, with the Main Event starting July 2. The 2024 online bracelet events awarded over $30 Million in prize money. Players can participate in both online and live events simultaneously, with reduced room rates available at Caesars Las Vegas resorts using promo code WSOP25.
Wheel of Fortune LIVE! is set to launch an extended engagement at Paris Las Vegas starting July 11, 2025, before embarking on a planned 60-city U.S. tour. The live stage version, hosted by Mark L. Walberg, will offer audience members the chance to spin the iconic wheel, solve puzzles, and win prizes up to $10,000 or dream vacations.
Attendees will have the unique opportunity to audition on-site for future TV show episodes with Ryan Seacrest and Vanna White. Tickets go on sale April 25, with VIP packages offering early access, premier seats, pre-show lounge access, and photo opportunities.
The Las Vegas engagement marks the first stop of the nationwide tour, with additional tour dates and cities to be announced in May 2025. The show represents the first interactive live version of the popular TV game show, allowing fans to experience the game in their local venues.
Caesars Entertainment (NASDAQ: CZR) has launched a new NBA-themed slot game called NBA Triple Double Power Combo on its online casino platforms. The game, developed in partnership with Games Global, features official NBA branding and logos - a first for Caesars' online gaming platforms.
The slot game is now available exclusively on Caesars Palace Online Casino, Horseshoe Online Casino, and Caesars Sportsbook & Casino in New Jersey, Michigan, Pennsylvania and Ontario during the 2025 NBA Playoffs. The game incorporates basketball-themed visuals and classic slot mechanics, set against a vibrant basketball court backdrop with cheering fans.
The platforms offer various casino games including high limit slots, private live dealer tables, linked progressive jackpots, and variations of poker and roulette. Caesars maintains strict responsible gaming policies, including a 21+ gaming policy and recently received RG Check accreditation from the Responsible Gambling Council in Ontario.