The Undiscovered Stocks Playbook: 3 Picks for In-the-Know Investors
- Although strong corporate earnings can support the market's artificial intelligence-powered surge, sentiment is not consistently optimistic across all sectors and indexes, making undiscovered stocks the way to go at a time of mixed returns. Morgan Stanley believes economic growth will stall, which might lower stock market gains, but Goldman Sachs is forecasting an S&P 500 target of 5,100 on assumptions of a dovish Federal Reserve and cooling inflation.
- 06/04/2024
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Carl Icahn Takes Major Position in Caesars Entertainment
- Activist investor Carl Icahn has made headlines again with a significant position in casino operator Caesars Entertainment NASDAQ: CZR. This revelation caused a notable surge in Caesars' stock, which jumped 15% following the announcement.
- 06/03/2024
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We're looking for a capital pivot from Caesars, says Jefferies' David Katz
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 05/31/2024
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S&P 500 Gains and Losses Today: Caesars Entertainment Jumps on News of Icahn Stake
- Major U.S. equities indexes were mixed to close out the trading week and the month of May.
- 05/31/2024
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Carl Icahn Is Betting Big on Caesars Entertainment (CZR) Stock
- Hotel and casino giant Caesars Entertainment (NASDAQ: CZR ) is up big on Friday following a major development. Billionaire investor Carl Icahn — known for his activist campaigns — recently revealed a “sizable position” in CZR stock, according to people familiar with the matter.
- 05/31/2024
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Icahn Said to Build Caesars Stake
- Carl Icahn has amassed a sizable position in Caesars Entertainment Inc., according to people familiar with the matter, sending shares in the US hotel and casino operator up by the most in more than 18 months. Chris Palmeri has more.
- 05/31/2024
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Carl Icahn reportedly owns sizable stake in Caesars, sending shares soaring
- The casino operator, which runs Caesars Atlantic City and Caesars Palace, missed market expectations for first-quarter results, offset by low table hold in its Las Vegas segment.
- 05/31/2024
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Caesars Entertainment Stock Jumps on Report of 'Sizable' Icahn Stake
- Shares of Caesars Entertainment (CZR) spiked Friday following a Bloomberg report that billionaire investor Carl Icahn has taken "a sizable position” in the hotel and casino operator.
- 05/31/2024
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Carl Icahn to CNBC: I like Caesars and I own some stock
- Carl Icahn takes a stake in Caesars. We bring you the latest.
- 05/31/2024
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Caesars Stock Pops on Report Carl Icahn Has Amassed a Large Stake
- Caesars is the top-performing stock in the S&P 500 on Friday.
- 05/31/2024
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Why Is Caesars Entertainment (CZR) Down 11.6% Since Last Earnings Report?
- Caesars Entertainment (CZR) reported earnings 30 days ago. What's next for the stock?
- 05/30/2024
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Here's Why You Should Retain Caesars Entertainment (CZR) Stock
- Caesars Entertainment (CZR) is optimistic about the outlook for 2024 and beyond, with strong forward occupancy and ADRs. High expenses, competitive pressure and weather woes are headwinds.
- 05/29/2024
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World Series of Poker Makes Online Poker History With Launch of All-New WSOP Online
- LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) and the World Series of Poker® (WSOP®) today announced the launch of an all-new real-money poker platform, WSOP Online that combines player pools in Michigan, Nevada and New Jersey into one network. The move makes online poker history, as WSOP becomes the first poker operator to pool liquidity across three U.S. jurisdictions. WSOP.COM officially rebrands as WSOP Online, featuring upgraded functionality such as fou.
- 05/25/2024
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Paris Las Vegas Opens Dominique Ansel Marché in Fall 2024
- LAS VEGAS--(BUSINESS WIRE)--James Beard Award-winning pastry chef Dominique Ansel has found his second home on The Strip and will introduce a new dining destination at Paris Las Vegas. Following the success of Dominique Ansel Las Vegas, which opened at Caesars Palace in October 2022, Dominique Ansel Marché is set to debut in fall 2024. Inspired by the sidewalk markets in France, Dominique Ansel Marché marks the launch of an entirely new concept from Chef Dominique, showcasing croissants and vie.
- 05/21/2024
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3 Sports Betting Stocks to Buy and Hold for the Next Decade
- It might feel like yesterday, but it's already been six years since the U.S. Supreme Court lifted the federal ban on sports betting. This has allowed states to legalize the sport, and now, over 30 states and D.C.
- 05/18/2024
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Caesars Entertainment Celebrates Grand Opening of Company's First Nebraska Property, Harrah's Columbus Nebraska Racing and Casino
- LAS VEGAS & COLUMBUS, Neb.--(BUSINESS WIRE)--Harrah's Columbus, NE Racing & Casino, Caesars Entertainment's first venture into the Cornhusker State, opened its doors to guests for the first time today. Caesars, Columbus Exposition and Racing and the Columbus community celebrated the momentous occasion with a ribbon cutting, giveaways and more. Opening day guests received commemorative Harrah's shirts before making the property's historical first spins on the slots, table game wagers and fir.
- 05/17/2024
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Caesars Rewards Casino Data Breach Investigation - (Ticker: CZR)
- NEW YORK, NY / ACCESSWIRE / May 17, 2024 / On September 7, 2023, Caesars Rewards, a popular loyalty program run by Caesars Entertainment, Inc. (Nasdaq:CZR), suffered a massive "digital break-in." The attack targeted the personal information of Caesars Rewards Members - more than 65 million people - compromising member names, birth dates, Social Security Numbers, driver's license information, and other government-issued ID numbers.
- 05/17/2024
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Caesars Rewards Casino Data Breach Investigation - (Ticker: CZR)
- NEW YORK, NY / ACCESSWIRE / May 16, 2024 / On September 7, 2023, Caesars Rewards, a popular loyalty program run by Caesars Entertainment, Inc. (NASDAQ:CZR), suffered a massive "digital break-in." The attack targeted the personal information of Caesars Rewards Members - more than 65 million people - compromising member names, birth dates, Social Security Numbers, driver's license information, and other government-issued ID numbers.
- 05/16/2024
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Data Breach: Caesars Rewards Casino Investigated by Levi & Korsinsky, LLP
- NEW YORK, NY / ACCESSWIRE / May 16, 2024 / On September 7, 2023, Caesars Rewards, a popular loyalty program run by Caesars Entertainment, Inc. (NASDAQ:CZR), suffered a massive "digital break-in." The attack targeted the personal information of Caesars Rewards Members - more than 65 million people - compromising member names, birth dates, Social Security Numbers, driver's license information, and other government-issued ID numbers.
- 05/16/2024
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INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation of Caesars Rewards Casino - Data B
- NEW YORK, NY / ACCESSWIRE / May 14, 2024 / On September 7, 2023, Caesars Rewards, a popular loyalty program run by Caesars Entertainment, Inc. (Ticker:CZR), suffered a massive "digital break-in." The attack targeted the personal information of Caesars Rewards Members - more than 65 million people - compromising member names, birth dates, Social Security Numbers, driver's license information, and other government-issued ID numbers.
- 05/14/2024
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Global Icon Shania Twain Celebrates Spectacular Debut of New COME ON OVER Residency at Bakkt Theater at Planet Hollywood Resort & Casino
- LAS VEGAS--(BUSINESS WIRE)--This past weekend, one of music's most renowned trailblazers and the top-selling female country artist of all-time, Shania Twain, took the stage at Bakkt Theater at Planet Hollywood Resort & Casino to debut her new headlining residency show, Shania Twain: COME ON OVER – The Las Vegas Residency – All The Hits! With Shania herself at the helm as creative director, COME ON OVER not only marks her third residency on the Las Vegas Strip, but also commemorates the 25th.
- 05/13/2024
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LEGENDARY COMEDIAN AND ACTOR MARTIN SHORT APPOINTED AS NEW MAYOR OF FUNNER, CALIFORNIA
- Funner's Fourth Celebrity Mayor, Martin Short, Has Officially Taken the Oath of Office FUNNER, Calif., May 13, 2024 /PRNewswire/ -- Harrah's Resort Southern Californ ia officially welcomed iconic comedian and actor Martin Short as Funner, California's newest mayor today, succeeding former mayors Jane Lynch, Rob Riggle and David Hasselhoff.
- 05/13/2024
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3 Stock Gems Hiding in the Nasdaq
- With the technology benchmark Nasdaq index encountering some choppy weather since April, speculators may want to consider undervalued Nasdaq stocks. Granted, it's always risky betting on enterprises that haven't caught other people's attention.
- 05/13/2024
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Data Breach: Caesars Rewards Casino Investigated by Levi & Korsinsky, LLP
- NEW YORK, NY / ACCESSWIRE / May 10, 2024 / On September 7, 2023, Caesars Rewards, a popular loyalty program run by Caesars Entertainment, Inc. (NASDAQ:CZR), suffered a massive "digital break-in." The attack targeted the personal information of Caesars Rewards Members - more than 65 million people - compromising member names, birth dates, Social Security Numbers, driver's license information, and other government-issued ID numbers.
- 05/10/2024
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Shareholders push casinos to reassess indoor smoking
- Advocates for smoking bans point to research by C3 Gaming that concluded smoke-free casinos generate more revenue and outperform competitors that allow smoking.
- 05/09/2024
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Data Breach: Caesars Rewards Casino Investigated by Levi & Korsinsky, LLP
- NEW YORK, NY / ACCESSWIRE / May 9, 2024 / On September 7, 2023, Caesars Rewards, a popular loyalty program run by Caesars Entertainment, Inc. (Ticker CZR), suffered a massive "digital break-in." The attack targeted the personal information of Caesars Rewards Members - more than 65 million people - compromising member names, birth dates, Social Security Numbers, driver's license information, and other government-issued ID numbers.
- 05/09/2024
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Caesars Rewards Casino Data Breach Investigation - (NASDAQ: CZR)
- NEW YORK, NY / ACCESSWIRE / May 8, 2024 / On September 7, 2023, Caesars Rewards, a popular loyalty program run by Caesars Entertainment, Inc. (NASDAQ:CZR), suffered a massive "digital break-in." The attack targeted the personal information of Caesars Rewards Members - more than 65 million people - compromising member names, birth dates, Social Security Numbers, driver's license information, and other government-issued ID numbers.
- 05/08/2024
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Caesars Rewards Casino: Data Breach- Levi & Korsinsky, LLP Announces an Investigation
- NEW YORK, NY / ACCESSWIRE / May 7, 2024 / On September 7, 2023, Caesars Rewards, a popular loyalty program run by Caesars Entertainment, Inc. (NASDAQ:CZR), suffered a massive "digital break-in." The attack targeted the personal information of Caesars Rewards Members - more than 65 million people - compromising member names, birth dates, Social Security Numbers, driver's license information, and other government-issued ID numbers.
- 05/07/2024
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Bargain Hunting: 7 Stocks Near 52-Week Lows to Buy Before the Bounce Back
- If you really want to maximize your return potential, then acquiring stocks near 52-week lows could present a viable opportunity. Stated simply, it's a way to practice buying low and selling high.
- 05/06/2024
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Caesars Rewards Casino Data Breach Investigation - (NASDAQ:CZR)
- NEW YORK, NY / ACCESSWIRE / May 6, 2024 / On September 7, 2023, Caesars Rewards, a popular loyalty program run by Caesars Entertainment, Inc. (NASDAQ:CZR), suffered a massive "digital break-in." The attack targeted the personal information of Caesars Rewards Members - more than 65 million people - compromising member names, birth dates, Social Security Numbers, driver's license information, and other government-issued ID numbers.
- 05/06/2024
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3 Dividend Growth REITs To Buy And Hold
- REITs do not just pay a high dividend yield. They also grow their dividend and appreciate in value over time. Here are three of my favorite dividend growth REITs to buy today.
- 05/02/2024
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Caesars Entertainment (CZR) Q1 Earnings & Revenues Lag Estimates
- Caesars Entertainment's (CZR) first-quarter 2024 results suffer from lower-than-expected hold in Las Vegas and online sports betting and weather-related woes in the Regional segment.
- 05/01/2024
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Caesars Entertainment, Inc. (CZR) Q1 2024 Earnings Call Transcript
- Caesars Entertainment, Inc. (NASDAQ:CZR ) Q1 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants Brian Agnew – Senior Vice President-Corporate Finance, Treasury and Investor Relations Tom Reeg – Chief Executive Officer Anthony Carano – President and Chief Operating Officer Eric Hession – President-Caesars Sports and Online Gaming Bret Yunker – Chief Financial Officer Conference Call Participants Carlo Santarelli – Deutsche Bank Joe Greff – JPM Brandt Montour – Barclays Steven Wieczynski – Stifel Daniel Politzer – Wells Fargo Barry Jonas – Truist Securities David Katz – Jefferies Stephen Grambling – Morgan Stanley Shaun Kelley – Bank of America John Decree – CBRE Chad Beynon – Macquarie Daniel Guglielmo – Capital One Securities Operator Thank you for standing by and welcome to Caesars Entertainment Inc. First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
- 04/30/2024
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Caesars Entertainment (CZR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
- Although the revenue and EPS for Caesars Entertainment (CZR) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 04/30/2024
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Caesars Entertainment, Inc. Reports First Quarter 2024 Results
- LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--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 mi.
- 04/30/2024
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Caesars Palace Online Casino Upgrades App with First-of-its-kind Functionality
- LAS VEGAS--(BUSINESS WIRE)--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 extensive revamp of Caesars P.
- 04/30/2024
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Caesars Entertainment, Inc. Appoints Kim Harris Jones to Board of Directors
- LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--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.
- 04/29/2024
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What Awaits for Caesars Entertainment's (CZR) Q1 Earnings?
- Increased competition, construction disruptions and higher expenses will likely affect Caesars Entertainment's (CZR) Q1 performance.
- 04/29/2024
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INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation of Caesars Rewards Casino - Data Breach
- NEW YORK, NY / ACCESSWIRE / April 26, 2024 / On September 7, 2023, Caesars Rewards, a popular loyalty program run by Caesars Entertainment, Inc. (NASDAQ:CZR), suffered a massive "digital break-in." The attack targeted the personal information of Caesars Rewards Members - more than 65 million people - compromising member names, birth dates, Social Security Numbers, driver's license information, and other government-issued ID numbers.
- 04/26/2024
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Caesars (CZR) Launches Mobile Wagering at Harrah's Gulf Coast
- Caesars (CZR) introduces mobile wagering at Harrah's Gulf Coast, revolutionizing sports betting in Mississippi.
- 04/12/2024
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Insiders Are Buying These 3 Stocks
- Many strict rules apply to insiders. Notably, they have a longer holding period than most, a critical aspect investors should know.
- 04/11/2024
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Sportsbooks report record betting throughout the March Madness tournament
- CNBC's Contessa Brewer reports on the stocks set to benefit from March Madness.
- 04/09/2024
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Three-Stock Lunch: Match Group, Caesars & UnitedHealth
- Courtney Garcia, Payne Capital Management senior wealth advisor, joins 'Power Lunch' to discuss plays for three stocks including Match Group, Caesars and UnitedHealth.
- 04/01/2024
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Caesars: Asymmetric Proposition At $39 Per Share (Rating Upgrade)
- Caesars: Asymmetric Proposition At $39 Per Share (Rating Upgrade)
- 03/17/2024
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Caesars (CZR) Expands Mobile Wagering in North Carolina
- Caesars (CZR) expands its reach in North Carolina with statewide mobile wagering, leveraging its premier sports betting platform to cater to passionate sports fans.
- 03/12/2024
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7 Earnings Losers With a Shot at a Strong Comeback
- While companies who rank among the earnings losers category don't obviously generate confidence, it's also important to keep in mind the big picture. Technology juggernaut Nvidia (NASDAQ: NVDA ) provides an extreme example of this.
- 02/22/2024
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CHK, PANW, CZR: Earnings Extravaganza
- Chesapeake Energy's (CHK) 4Q closed the remaining Eagle Ford divestiture package for about $700M. Palto Alto Networks' (PANW) 2Q revenue grew 19%.
- 02/20/2024
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Caesars Entertainment, Inc. (CZR) Q4 2023 Earnings Call Transcript
- Caesars Entertainment, Inc. (CZR) Q4 2023 Earnings Call Transcript
- 02/20/2024
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Trading Tepidly Lower Ahead of Key Earnings Reports
- While Palo Alto Networks is down on disappointing guidance, Toll Brothers shares are higher in late trading.
- 02/20/2024
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Compared to Estimates, Caesars Entertainment (CZR) Q4 Earnings: A Look at Key Metrics
- The headline numbers for Caesars Entertainment (CZR) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 02/20/2024
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Compared to Estimates, Caesars Entertainment (CZR) Q4 Earnings: A Look at Key Metrics
- The headline numbers for Caesars Entertainment (CZR) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 02/20/2024
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Caesars Entertainment (CZR) Reports Q4 Loss, Misses Revenue Estimates
- Caesars Entertainment (CZR) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.11 per share a year ago.
- 02/20/2024
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Expectations For Caesars Entertainment (CZR) Earnings
- Caesars Entertainment (CZR) reports earnings this afternoon. Chad Beynon discusses expectations for these earnings.
- 02/20/2024
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What Awaits Caesars Entertainment (CZR) in Q1 Earnings?
- Caesars Entertainment's (CZR) fourth-quarter 2023 results are likely to benefit from pent-up demand, expansion of retail sports betting and property development initiatives.
- 02/15/2024
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Curious about Caesars Entertainment (CZR) Q4 Performance? Explore Wall Street Estimates for Key Metrics
- Besides Wall Street's top -and-bottom-line estimates for Caesars Entertainment (CZR), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
- 02/14/2024
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Rebirth of the Roaring 20s: 3 Stocks Ready to Ride the Economic Boom
- Several positive signs point to potential prosperity as I look at the current financial landscape. The stock market is surging to new highs, with the S&P 500 reaching record territory and the Nasdaq index not far behind.
- 02/13/2024
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Will Caesars Entertainment (CZR) Report Negative Earnings Next Week? What You Should Know
- Caesars Entertainment (CZR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/13/2024
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DKNG, MGM, CZR: Outlook For Online Gaming Stocks
- Jordan Bender and Zach Warring discuss the sports betting surge. They talk about the outlook for online gaming stocks, highlighting DraftKings (DKNG), MGM (MGM), and Caesars Entertainment (CZR).
- 02/12/2024
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3 Online Gambling Stocks to Bet On for a Super Bowl Boost
- As more U.S. states welcome online gaming, big-name casinos and fresh online betting startups jump on board. On the other hand, Macau is still the land of gambling in Asia.
- 02/10/2024
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Union reaches deal with 4 Las Vegas hotel-casinos; 3 others still poised to strike at start of Super Bowl week
- LAS VEGAS — A union representing hospitality workers has reached a tentative agreement with four hotel-casinos in downtown Las Vegas as employees at three other properties remained poised to strike Monday when the city kicks off Super Bowl week.
- 02/04/2024
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3 Up-and-Coming Sports Betting Companies Gunning for DraftKing's Crown
- Looking back in 2018, we might recall when the U.S. Supreme Court freed companies from an online gambling ban and allowed states to legalize sports betting. More than 30 states, including Washington, D.C.
- 02/01/2024
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Caesars Entertainment (CZR) Moves 5.3% Higher: Will This Strength Last?
- Caesars Entertainment (CZR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
- 01/19/2024
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In Las Vegas, the ‘fun economy' is where tourism, sports and entertainment meet
- In the span of a few months, Sin City will have hosted Super Bowl LVIII (on Feb. 11), a Formula One race (on Nov. 18) and home dates for the defending champion Golden Knights of the NHL and Aces of the WNBA. The Ultimate Fighting Championship is growing in influence and baseball's Oakland A's are on the way, as is a presumed NBA franchise.
- 01/12/2024
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Robust Occupancy Aids Caesars Entertainment (CZR), Costs Ail
- Caesars Entertainment (CZR) capitalizes on the strong performance of its Regional segment, along with impressive occupancy rates and advancements in digitalization.
- 01/08/2024
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Roll the Dice: 3 Winning Casino Stocks to Bet On Now
- The hospitality and entertainment sector has weathered immense challenges recently, from the global pandemic to inflation and uncertainties around interest rates. These external shocks put immense pressure on the industry, plunging valuations for major casino and resort companies.
- 01/06/2024
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Caesars Entertainment, Inc. to Report 2023 Fourth Quarter and Full Year Results on February 20, 2024
- LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the fourth quarter and full year 2023 after the market closes on Tuesday, February 20, 2024. The company will also host a conference call on February 20, 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 a.
- 01/02/2024
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The 7 Hottest Stocks to Watch in 2024
- Just like a fresh musical act that stormed up the charts, the curse of the sophomore effort clouds the hottest stocks to watch in 2024, if we're being perfectly honest. After dodging the recession bullet last year, the Wall Street gods might not grant us good tidings over the next 365 days.
- 01/01/2024
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Caesars: Low Hanging Fruit No One Appears To Be Plucking
- CZR's strong post-covid recovery and improving earnings make it a cheap stock with potential for growth. CZR's 65 million rewards customer base sets up a successful marketing cycle. Despite its debt profile, CZR's massive footprint and strong gaming brands make it a valuable investment.
- 12/24/2023
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5 REITs To Add To Your Christmas Shopping List
- REITs are today offering a historic opportunity. Rents keep on rising, balance sheets are stronger than ever, but valuations are heavily discounted. Here are 5 REITs to add to your Christmas shopping list.
- 12/21/2023
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Caesars Entertainment (CZR) is a Top-Ranked Growth Stock: Should You Buy?
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 12/14/2023
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Silent Winners: 7 Low-Buzz Stocks With High Potential
- In many, if not most cases, you want to avoid betting on the same horse, which makes the concept of hidden-gem stocks quite compelling. Generally, the equities sector features at least moderate efficiency, meaning that security has absorbed the collective weight of all publicly available information.
- 12/03/2023
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Caesars Entertainment (CZR) Up 14.1% Since Last Earnings Report: Can It Continue?
- Caesars Entertainment (CZR) reported earnings 30 days ago. What's next for the stock?
- 11/30/2023
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Caesars Entertainment: Leveraged Mess That May Not Survive A 2024 Recession
- Caesars Entertainment's stock price has been zigzagging lower from a high of $120 reached in late 2021, suffering from crushing debt/lease obligations. The company's total interest expense is rising due to its substantial debt load and refinancing needs. Operating cash flow from 2020-23 has failed to cover interest expense, raising concerns about the company's ability to handle a recession.
- 11/29/2023
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Macy's names ex-Caesars Entertainment exec Sharon Otterman chief marketing officer
- Macy's Inc. M said Tuesday it has named Sharon Otterman as its chief marketing officer, effective Dec. 11. Otterman comes to the role from Caesars Entertainment Inc. CZR, where she also served as CMO and was responsible for launching the casino operator's sportsbook, a betting brand.
- 11/28/2023
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Game On: The 3 Best Casino Stocks for the Sports Betting Era
- Casino stocks are generally having a decent year in 2023. Two of the largest pure-play exchange traded funds (ETFs) are the VanEck Gaming ETF (NASDAQ: BJK ) and the Roundhill Sports Betting & iGaming ETF (NYSEARCA: BETZ ).
- 11/27/2023
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Scoring Big: 3 Football Stocks to Keep an Eye On This Thanksgiving
- It's almost turkey time, but Thanksgiving means more than stuffing yourself and enjoying leftovers for a week. But it's also time for football.
- 11/21/2023
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Caesars Is Attractive As It Deleverages Its Balance Sheet
- Caesars Entertainment shares have underperformed but are now becoming interesting for investors. The company's Q3 earnings beat expectations, with revenue and adjusted EBITDA growth. With its free cash flow, Caesars can reduce debt and begin to reward shareholders with buybacks or dividends at the end of 2025.
- 11/15/2023
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MGM And Caesars Avert Strikes By Las Vegas Casino Workers—Days Before Formula 1 Grand Prix
- Wynn Resorts is the last of the three casino giants that has yet to reach a tentative deal with employees before the strike deadline at 5 a.m. tomorrow.
- 11/09/2023
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Caesars averts strike as casino operator, Las Vegas unions reach deal
- The unions representing hospitality workers in Las Vegas reached a tentative deal with Caesars Entertainment for a new labor contract covering about 10,000 employees.
- 11/08/2023
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Caesars reaches deal with Las Vegas union to avoid strike
- The agreement averts a walkout by 10,000 Caesars employees on the Las Vegas strip.
- 11/08/2023
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Las Vegas Unions Report Tentative Accord With Caesars as Strike Looms
- The agreement was announced two days before a strike deadline set by the culinary workers union. The walkout threat still hangs over other resorts.
- 11/08/2023
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Tens of thousands of Las Vegas Strip hotel workers may on go strike this month
- LAS VEGAS — Tens of thousands of Las Vegas hotel workers set a deadline Thursday for a sweeping strike, threatening major disruptions to the city's economic backbone that could coincide with the Strip's inaugural Formula 1 races later this month.
- 11/02/2023
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Caesars Entertainment's (CZR) Earnings & Revenues Top, Shares Up
- Caesars Entertainment's (CZR) third-quarter 2023 results reflect solid contributions from Regional, Caesars Digital and Las Vegas segments, more than offsetting the ongoing macroeconomic risks.
- 11/01/2023
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Caesars Entertainment, Inc. (CZR) Q3 2023 Earnings Call Transcript
- Caesars Entertainment, Inc. (NASDAQ:CZR ) Q3 2023 Earnings Conference Call October 31, 2023 5:00 PM ET Company Participants Brian Agnew - Senior Vice President of Corporate Finance, Treasury and Investor Relations Tom Reeg - Chief Executive Officer Anthony Carano - President and Chief Operating Officer Eric Hession - President, Caesars Sports and Online Gaming Bret Yunker - Chief Financial Officer Conference Call Participants Carlo Santarelli - Deutsche Bank Joe Greff - JPMorgan Dan Politzer - Wells Fargo Steven Wieczynski - Stifel Shaun Kelley - Bank of America Brandt Montour - Barclays Barry Jonas - Truist Securities Stephen Grambling - Morgan Stanley John DeCree - CBRE David Katz - Jefferies Daniel Guglielmo - Capital One Securities Joe Stauff - SIG Operator Good day, and thank you for standing by. Welcome to the Caesars Entertainment Inc. 2023 Third Quarter Earnings Conference Call.
- 10/31/2023
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Caesars Entertainment Reports Growth and Profitability in Digital Segment
- Caesars Entertainment highlighted the growth and profitability of its digital segment Tuesday (Oct. 31) during its third-quarter earnings call. The digital segment generated $2 million in adjusted EBITDA during the third quarter, marking the second consecutive quarter of profitability, Eric Hession, co-president of Caesars Sports and Online Gaming at Caesars, said during the call.
- 10/31/2023
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Markets Close Higher, Still Red for October; AMD, CZR Beat, Sell
- Major indices were up for a second-straight session, but down for a third-straight month.
- 10/31/2023
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Compared to Estimates, Caesars Entertainment (CZR) Q3 Earnings: A Look at Key Metrics
- While the top- and bottom-line numbers for Caesars Entertainment (CZR) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 10/31/2023
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Caesars Entertainment shrugs off hacking attempt in September to post 3Q earnings beat
- Caesars Entertainment Inc saw its earnings per share and revenue surpass estimates during 3Q off the back of pent-up demand. There was a collective sigh of relief from investors concerned about the potential impact of Russian hacking group known as Scattered Spider, which targeted Caesars and MGM Resorts in September 2023.
- 10/31/2023
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2 fallen cybersecurity stocks for patient bargain hunters
- Cybersecurity stocks have been strong performers this earnings season. Many leaders are higher priced stocks in the $100 to over $300 range.
- 10/30/2023
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Can casino stocks win big if economy slows?
- If the economy is headed for a slowdown or recession, as many analysts expect, you might instantly think about doubling down on casino stocks. Boyd Gaming Corp. NYSE: BYD, Caesars Entertainment Inc. NASDAQ: CZR, Penn Entertainment Inc. NASDAQ: PENN and Wynn Resorts Ltd.
- 10/27/2023
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These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
- 10/26/2023
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Are Investors Undervaluing Caesars Entertainment (CZR) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/24/2023
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After Plunging -10.13% in 4 Weeks, Here's Why the Trend Might Reverse for Caesars Entertainment (CZR)
- Caesars Entertainment (CZR) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
- 10/23/2023
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Can Caesars Entertainment (CZR) Keep the Earnings Surprise Streak Alive?
- Caesars Entertainment (CZR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 10/10/2023
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5 Consumer Discretionary Stocks to Buy on September Job Data
- We have narrowed our search to five leisure and hospitality stocks that have strong growth potential for the rest of 2023. These are: LYV, TAST, LOCO, HLT and CZR.
- 10/09/2023
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Las Vegas casino stocks are flirting with a bear market. That might be a sign an economic downturn is coming.
- Casino stocks are slumping – and that could be bad news for the US economy. The sector plunging could be a signal that Americans are about to start spending less.
- 10/08/2023
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Caesars Entertainment (CZR) Upgraded to Buy: Here's What You Should Know
- Caesars Entertainment (CZR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 10/06/2023
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Clorox cyberattack reportedly linked to MGM, Caesars breach
- The Clorox Company (CLX) recently suffered a cyberattack attributed to the hacker group known as "Scattered Spider", according to a Bloomberg report. The same group was allegedly responsible for recent breaches against Las Vegas casino-hotel operators MGM Resorts International (MGM) and Caesars Entertainment (CZR).
- 10/06/2023
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Are Consumer Discretionary Stocks Lagging Caesars Entertainment (CZR) This Year?
- Here is how Caesars Entertainment (CZR) and fuboTV Inc. (FUBO) have performed compared to their sector so far this year.
- 10/06/2023
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Is Caesars Entertainment (CZR) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/06/2023
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MGM sees $100 million cost from recent cybersecurity attack
- MGM Resorts International shares dropped 1% in the extended session Thursday after the hospitality company said that the recent cyberattack that hampered its operations is going to cost some $100 million.
- 10/05/2023
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Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 10/05/2023
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Caesars Entertainment, Inc. to Report 2023 Third Quarter Results on October 31, 2023
- LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the third quarter 2023 after the market closes on Tuesday, October 31, 2023. The company will also host a conference call on October 31, 2023 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 d.
- 10/02/2023
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Caesars and Fanatics partner to stream NFL games on BetVision
- Caesars Entertainment (CZR) and Fanatics Sportsbook are partnering to present BetVision, an NFL streaming service through Genius Sports (GENI). The offer allows customers to watch NFL games after they've placed a bet.
- 10/01/2023
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Gen Z Hackers behind MGM , Caesars breaches ‘more sophisticated' and ‘ruthless'
- Ransomware attacks are not new, but the group behind the casino breaches was extraordinarily skilled at social engineering and bypassing multi-factor authentication.
- 09/22/2023
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A stranger in your hotel room? Kitty-litter shortages?
- It was past midnight when Alessandra Millican and a friend entered the Bellagio hotel room that was costing them hundreds of dollars a night, but unexpected noises made them stop cold.
- 09/21/2023
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MGM and Caesars hit with massive cyber attack
- Two major Las Vegas casinos were overcome by ransomware attacks attributed to the cybercriminal group, Scattered Spider. Computer systems at MGM were shut down, freezing slots machines, ATMs, elevators, and hotel technology.
- 09/15/2023
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MGM and Caesars hacked: FBI investigating cyber intrusion
- CNBC's Contessa Brewer reports on a cybersecurity hack in the casino industry.
- 09/14/2023
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Caesars and MGM grapple with hacks as cybersecurity in Vegas is under scrutiny
- Hackers stole Social Security numbers and driver's license numbers from a "significant number" of loyalty program customers of Caesars Entertainment, the hospitality and casino giant said Thursday.
- 09/14/2023
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Caesars paid millions in ransom to cybercrime group prior to MGM hack
- There have now been two highly disruptive attacks on the gaming industry in a matter of weeks.
- 09/14/2023
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Caesar's Entertainment, MGM Resorts hit by Russian hacking group
- Turns out the house doesn't always win in Las Vegas — sometimes the hackers do. Caesar's Entertainment and MGM Resorts have each been targeted by a Russian hacking group known as Scattered Spider.
- 09/14/2023
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MGM's and Caesars' updates on cyberattacks leave customers wanting to know more
- MGM Resorts International and rival Caesars Entertainment Inc. offered updates Thursday on recent cyberattacks, but the two hotel and casino operators left some stakeholders clamoring for more information.
- 09/14/2023
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Caesars reportedly paid ransom to hackers after cyberattack
- Caesars Entertainment (CZR) paid a ransom after getting hit by a cyberattack, according to a report from The Wall Street Journal. According to the WSJ, the company paid approximately half of the original $30 million ransom demanded by a group of hackers targeting the Las Vegas strip.
- 09/14/2023
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Caesars Entertainment says customer data stolen in cyberattack
- Hotel and casino giant Caesars Entertainment said Thursday that hackers stole a huge trove of customer data in a recent cyberattack, confirming recent media reports.
- 09/14/2023
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Caesars confirms cyber attack, says it has ‘taken steps' to assure stolen data was deleted
- Caesars Entertainment Inc. CZR, +1.55% disclosed Thursday that it has recently identified “suspicious activity” in its information technology network resulting from a “social engineering attack” on an outsourced IT support vendor. The casino operator said it determined that the cyber attacker acquired a copy of its loyalty program database, which includes driver's license numbers and/or social security number for “a significant number” of members.
- 09/14/2023
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Cyberattacks Pound MGM and Caesars Stock. Get Used to It.
- Ransomware attackers are on a roll. A looming regulatory shift means investors will get more insight from companies, and it may be ugly.
- 09/14/2023
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MGM says it's still working to resolve ‘cybersecurity incident' that forced shutdown of most of its systems
- MGM Resorts International MGM, -1.24% said Thursday it's still working to resolve the “cybersecurity issue” that was first reported Sunday, and that has caused its systems to be shut down. “We continue to work diligently to resolve our cybersecurity issue while addressing individual guest needs promptly,” the company said in a post on X, the former Twitter.
- 09/14/2023
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Report: Caesars Entertainment Paid $15 Million Ransom After Cyberattack
- Caesars Entertainment, the operator of Caesars Palace in Las Vegas, reportedly fell victim to a cyberattack during the summer and paid a ransom of approximately $15 million to the hackers. The company is expected to disclose this cyberattack in a Securities and Exchange Commission (SEC) filing, the Wall Street Journal (WSJ) reported Wednesday (Sept.
- 09/13/2023
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Caesars reportedly paid ransom to hackers, while MGM Resorts is still dealing with cyberattack
- Shares of Caesars Entertainment Inc. CZR, -2.73% slumped Wednesday following reports that the casino operator paid millions of dollars in ransom after it was hit by a cyberattack last month.
- 09/13/2023
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Caesars Entertainment reportedly paid ransomware demand
- Caesars Entertainment reportedly experienced a cyberattack not long ago that resulted in some of its data getting exposed to hackers, according to Bloomberg.
- 09/13/2023
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Caesars Entertainment (CZR) Opens Retail Sportsbook in Kentucky
- Caesars Entertainment (CZR) launches its retail sportsbook, Caesars Sportsbook, in Kentucky, in collaboration with Red Mile Gaming & Racing and Keeneland.
- 09/08/2023
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Game On: 3 Sports Betting Stocks Ready for a Fall Surge
- Americans' fondness for gambling is evident as a record 50 million engaged in Super Bowl wagers, spending $16 billion! The 2023 Super Bowl betting surged 61% year over year (YOY), fueled by expanding online platforms.
- 09/03/2023
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Caesars Entertainment (CZR) Up 26% in 3 Months: More Room To Run?
- Caesars Entertainment's (CZR) emphasis on sports-betting expansion and property development bodes well. However, increased expenses are a concern.
- 08/29/2023
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Caesars Entertainment (CZR) Expands its Presence in Race Betting
- Caesars Entertainment (CZR) focuses on race betting. The company announces the launch of the Caesars Racebook app in New York State.
- 08/18/2023
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Why Las Vegas Casino Stocks Are Losing Steam
- The pandemic boost is ending in Las Vegas.
- 08/06/2023
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Caesars Entertainment (CZR) Q2 Earnings Top Estimates, Rise Y/Y
- Caesars Entertainment's (CZR) second-quarter results benefit from strong leisure and casino demand in Las Vegas and solid digital segment performance.
- 08/02/2023
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Compared to Estimates, Caesars Entertainment (CZR) Q2 Earnings: A Look at Key Metrics
- While the top- and bottom-line numbers for Caesars Entertainment (CZR) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 08/01/2023
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Caesars CEO Tom Reeg talks Caesars' strong quarterly report
- Tom Reeg, CEO of Caesars Entertainment, joins 'Last Call' to talk Caesars' quarterly earnings report, the state of travel in the U.S., sports betting and more.
- 08/01/2023
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Caesars Entertainment (CZR) Surpasses Q2 Earnings and Revenue Estimates
- Caesars Entertainment (CZR) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.16 per share a year ago.
- 08/01/2023
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Caesars Palace launches iGaming app to bring together online and in-person rewards
- Caesars Entertainment Inc announced a new iGaming product that it hopes will bridge the gap between in-person and online gamblers at Caesars Palace locations and online. The idea is to easily transfer online rewards over to in-person rewards, according to reports.
- 07/31/2023
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3 Stocks to Buy to Benefit from the Growing Online Gambling Trend
- Americans love to gamble. A record 50 million people placed a wager on this year's Super Bowl, spending $16 billion to gamble on the outcome of the big game, according to the American Gaming Association.
- 07/28/2023
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Caesars Entertainment (CZR) to Report Q2 Earnings: What to Expect?
- Strong digital segment performance and improved marketing capabilities are likely to have aided Caesars Entertainment's (CZR) Q2 performance.
- 07/26/2023
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Casino Stock's Recent Rally May Have More Fuel
- Casino name Caesars Entertainment Inc (NASDAQ:CZR) is up 1.3% to trade $58.51 at last check, and pacing for its third-straight daily win.
- 07/25/2023
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Who could buy a piece of ESPN? Here are seven candidates
- Disney chief executive officer Bob Iger shook up Wall Street Thursday when he told CNBC he's open to finding a strategic partner for ESPN.
- 07/20/2023
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Best Growth Stocks to Buy: DraftKings vs. Penn vs. Caesars Entertainment
- These gaming operators are experiencing a boom as folks spend more on services.
- 07/12/2023
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Hours-Long Caesars Palace Standoff Ends In Arrest By SWAT Team
- SWAT officers and crisis negotiators were sent to Caesars Palace after a man barricaded himself in a room, taking a woman hostage and apparently throwing a nightstand out of a window.
- 07/11/2023
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1 Growth Stock Down 58% You'll Regret Not Buying on the Dip
- This growth stock is thriving as consumers are looking for away-from-home experiences.
- 07/11/2023
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Wall Street Analysts Think Caesars Entertainment (CZR) Could Surge 40.87%: Read This Before Placing a Bet
- The mean of analysts' price targets for Caesars Entertainment (CZR) points to a 40.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 07/10/2023
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Caesars Entertainment (CZR) Expands Sports Betting, Launches App
- Caesars Entertainment's (CZR) focus on sports-betting expansion bodes well. The company announces the launch of the Caesars Sportsbook app in Puerto Rico.
- 07/07/2023
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Caesars Entertainment, Inc. to Report 2023 Second Quarter Results on August 1, 2023
- LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the second quarter 2023 after the market closes on Tuesday, August 1, 2023. The company will also host a conference call on August 1, 2023 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.
- 07/03/2023
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Robust Demand Aid Caesars Entertainment (CZR), High Cost Ail
- Caesars Entertainment (CZR) benefits from pent-up consumer demand, improving occupancy and strategic initiatives.
- 06/27/2023
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Why REITs Earn Higher Returns Than Private Real Estate
- REITs outperform private real estate by 2-4% per year on average. I present 10 reasons why REITs earn higher returns. I think that, especially today, REITs are much better investments than private properties.
- 06/17/2023
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Brokers Suggest Investing in Caesars Entertainment (CZR): Read This Before Placing a Bet
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 06/16/2023
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Palo Alto, Dish Network, C3.ai, Caesars Entertainment, and More Stock Markets Movers.
- The shares moving the most today.
- 06/05/2023
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TipRanks reveals the top 10 services sector analysts of the past decade
- TipRanks' analyst ranking service ranks the top Wall Street firms of the past decade.
- 06/04/2023
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Here's Why You Should Retain Caesars Entertainment (CZR) Stock
- Caesars Entertainment (CZR) emphasizes on tech enhancements to boost product offering and drive better customer engagement. However, weather-related headwinds is a concern.
- 05/29/2023
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Penn Entertainment: A Potential Value Opportunity
- In early 2021, Penn Entertainment Inc. ( PENN , Financial), formerly known as Penn National Gaming, was a $25 billion company. Today, it is worth around $4 billion, which is a good thing for new investors.
- 05/25/2023
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After a New Q1 Earnings Record, Caesars Entertainment Stock Is 1 to Be Bullish On
- Caesars's Las Vegas and regional segments continue to flourish in the post-pandemic era. Caesars Digital showed marked improvement over 2022's first-quarter performance.
- 05/23/2023
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Bank Of America Upped Its Forecast For Stocks — Just Not The Ones You Think
- Bank of America is getting more bullish on S&P 500 stocks. Just not the ones that have been driving the S&P 500 higher all year.
- 05/23/2023
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Fanatics set to acquire Pointsbet's U.S. sports betting operations in $150 million deal
- Yahoo Finance Live discusses Michael Rubin led sports-apparel business Fanatics acquisition of Pointsbet's U.S. sports betting operations in $150 million deal
- 05/15/2023
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Don't Sleep on Macao's Explosive Growth
- If Macao returns to pre-pandemic revenue levels, casino stocks will be making money like crazy.
- 05/13/2023
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10 Companies Are Doing So Well Even Analysts Are Amazed
- Corporate profits in the S&P 500 are coming in strong. So strong, in fact, that some keep blowing away even the analysts' expectations.
- 05/12/2023
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7 Growth Stocks That Are Too Cheap to Ignore Right Now
- Although the equities sector recovered reasonably well from 2022's harsh glare, rising headwinds force consideration of cheap growth stocks to buy now. Essentially, some enterprises with upside potential may be overlooked by other investors, presenting contrarian opportunities.
- 05/10/2023
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Better Buy: Caesars or MGM Resorts?
- The Las Vegas giants have some major differences in their businesses.
- 05/06/2023
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Caesars on the move
- Caesars latest quarter saw an uptick in Las Vegas visitors and growth in its convention business.
- 05/03/2023
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Caesars Entertainment (CZR) Q1 Earnings Top Estimates, Rise Y/Y
- Caesars Entertainment's (CZR) first-quarter results benefit from pent-up consumer demand, strong digital segment performance and improved marketing capabilities.
- 05/03/2023
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Caesars Entertainment, Inc. (CZR) Q1 2023 Earnings Call Transcript
- Caesars Entertainment, Inc. (NASDAQ:CZR ) Q1 2023 Earnings Conference Call May 2, 2023 5:00 PM ET Company Participants Brian Agnew - Senior Vice President of Corporate Finance, Treasury and Investor Relations Anthony Carano - President and Chief Operating Officer Eric Hession - President, Caesars Sports & Online Gaming Bret Yunker - Chief Financial Officer Tom Reeg - Chief Executive Officer Conference Call Participants Carlo Santarelli - Deutsche Bank Joe Greff - JPMorgan Steven Wieczynski - Stifel Dan Politzer - Wells Fargo Brandt Montour - Barclays Barry Jonas - Truist Securities Shaun Kelley - Bank of America Chad Beynon - Macquarie John DeCree - CBRE David Katz - Jefferies Stephen Grambling - Morgan Stanley Operator Good day, and thank you for standing by. Welcome to the Caesars Entertainment Inc. 2023 First Quarter Earnings Conference Call.
- 05/02/2023
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Bally's Corporation: A Casino Operator All Dressed Up With No Place To Go
- Bally's Corporation: A Casino Operator All Dressed Up With No Place To Go.
- 04/25/2023
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3 Volatile Mid-Caps to Trade This Earnings Season
- With approximately one-third of the S&P 500 reporting, all eyes will be on large-cap earnings this week. Rest assured, though; there will also be plenty of action in mid-cap land.
- 04/25/2023
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These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 04/24/2023
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1 David Tepper Stock Down 63% You'll Regret Not Buying on the Dip
- David Tepper is one of the best-known investors in the U.S. Understandably, investors are interested in David Tepper's stocks. This video will highlight one that you can buy on the dip.
- 04/17/2023
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Top Wall Street analysts say buy these stocks amid the latest macroeconomic uncertainty
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including CrowdStrike and Costco
- 04/16/2023
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Landry CEO Tilman Fertitta is bullish on the gaming industry
- Tilman Fertitta, Landry's Chairman & CEO, on the health of the consumer with CNBC's Melissa Lee and the Fast Money traders
- 04/13/2023
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Caesars' (CZR) Tropicana Online Casino Returns to New Jersey
- Caesars Entertainment (CZR) relaunches the upgraded Tropicana Online Casino in New Jersey, which offers a wide range of casino games and rewards.
- 04/06/2023
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Should Value Investors Buy Caesars Entertainment (CZR) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/05/2023
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Caesars Entertainment, Inc. to Report 2023 First Quarter Results on May 2, 2023
- LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the first quarter 2023 after the market closes on Tuesday, May 2, 2023. The company will also host a conference call on May 2, 2023 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.
- 04/03/2023
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Better Buy: Wynn Resorts or Caesars Entertainment Stock?
- Wynn Resorts produced record income at its North American properties last year. Caesars Entertainment enjoyed more than 100% digital revenue growth last quarter.
- 04/02/2023
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Three-Stock Lunch: Tesla, Caesars & BlackBerry
- Danielle Shay, Simpler Trading VP of options, joins ‘Power Lunch' to discuss three stocks: Tesla, Caesars and Blackberry.
- 03/31/2023
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Is Caesars Entertainment (CZR) Outperforming Other Consumer Discretionary Stocks This Year?
- Here is how Caesars Entertainment (CZR) and PVH (PVH) have performed compared to their sector so far this year.
- 03/30/2023
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Caesars Entertainment (CZR) Rides on Robust Occupancy & ADR
- Caesars Entertainment (CZR) benefits from increased occupancy rates along with property development investments.
- 03/27/2023
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New Strong Buy Stocks for March 27th
- CZR, MOMO, URI, URBN and GSL have been added to the Zacks Rank #1 (Strong Buy) List on March 27, 2023.
- 03/27/2023
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7 Hot Gaming Stocks to Invest in Now
- For this column, I will define “hot gaming stocks” as companies in the gambling and video-game sectors that have positive momentum. In the U.S., gambling stocks are generally poised to generate strong results.
- 03/25/2023
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You're Right: Stocks Are Much Riskier Now (But Still Worth It)
- If the S&P 500's swings are putting you on edge, don't think it's just you. Stocks are measurably riskier than they used to be.
- 03/21/2023
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Which Casino Stock Could Fetch the Most Attractive Returns?
- The Covid-19 pandemic crushed travel and casino companies. However, pent-up demand following the reopening of the economy boosted travel and helped drive business to major casinos.
- 03/14/2023
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Bears are Losing Control Over Caesars Entertainment (CZR), Here's Why It's a 'Buy' Now
- Caesars Entertainment (CZR) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
- 03/14/2023
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Better Buy: MGM Resorts or Caesars Entertainment Stock?
- MGM Resorts resumed operations in China's Macao region earlier this year. Caesars Entertainment observed impressive digital growth last quarter.
- 03/13/2023
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Bakkt partners with Caesars Entertainment to bring crypto rewards to the Las Vegas strip
- Bakkt Holdings, Inc., a company focused on unlocking the crypto economy for partners through commerce and loyalty programs, has announced a partnership with US-based casino-entertainment firm Caesars Entertainment (NASDAQ: CZR).
- 03/09/2023
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Better Buy: Caesars Entertainment or Las Vegas Sands Stock?
- Caesars Entertainment saw earnings soar in the fourth quarter. Las Vegas Sands enjoyed growth across all segments at its Singapore resort.
- 03/08/2023
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Caesars CEO: We're looking at March as the best month we've ever had
- Caesars Entertainment CEO Tom Reeg joins 'Squawk Box' to discuss what's coming next in Vegas, what Formula 1 in Vegas will do for Caesar's business and more.
- 03/03/2023
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After a Strong Q4, Caesars Entertainment Stock Is 1 to Watch
- The resort and casino operator set new fourth-quarter earnings records for both its Las Vegas and regional segments.
- 02/28/2023
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Caesars Entertainment (CZR) Q4 Earnings Top Estimates, Rise Y/Y
- Caesars Entertainment's (CZR) fourth-quarter results benefit from solid segmental performances, courtesy of pent-up consumer demand.
- 02/22/2023
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Caesars Entertainment (CZR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
- Although the revenue and EPS for Caesars Entertainment (CZR) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 02/22/2023
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Caesars Entertainment, Inc. (CZR) Q4 2022 Earnings Call Transcript
- Caesars Entertainment, Inc. (NASDAQ:CZR ) Q4 2022 Earnings Conference Call February 21, 2023 5:00 PM ET Company Participants Brian Agnew - SVP, Finance, Treasury and IR Anthony Carano - President and COO Eric Hession - President, Caesars Sports & Online Gaming Bret Yunker - CFO Tom Reeg - CEO Conference Call Participants Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank Barry Jonas - Truist Securities Steven Wieczynski - Stifel David Bain - B. Riley Securities Daniel Politzer - Wells Fargo Shaun Kelley - Bank of America Brandt Montour - Barclays Chad Beynon - Macquarie Research John DeCree - CBRE Securities David Katz - Jefferies Stephen Grambling - Goldman Sachs Operator Good day, and thank you for standing by.
- 02/21/2023
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Caesars Entertainment (CZR) Reports Q4 Loss, Lags Revenue Estimates
- Caesars Entertainment (CZR) delivered earnings and revenue surprises of 38.89% and 0.01%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/21/2023
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Stocks moving in after hours: Caesars Entertainment, Palo Alto Networks, Toll Brothers
- Yahoo Finance Live anchor Seana Smith checks out several stocks trending in the after-hours trading session, including Toll Brothers, which popped following revenue and earnings beats.
- 02/21/2023
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What's in Store for Caesars Entertainment's (CZR) Q4 Earnings?
- Caesars Entertainment's (CZR) fourth-quarter top line is likely to have benefited from pent-up demand in Las Vegas, sports betting expansion and property developments.
- 02/20/2023
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Tepper's Appaloosa adds Disney, Caesars stakes while boosting Salesforce position
- David Tepper's Appaloosa LP reacquired a stake in Walt Disney Co. during the fourth quarter, according to a filing with the Securities and Exchange Commission released Tuesday.
- 02/14/2023
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Hungry for Growth? 3 Restaurant Payment Stocks to Consider
- Covid-19, inflation, and consumer preferences have led to a complex environment in the restaurant industry. 3 payment/software companies are helping restaurants to adapt and thrive.
- 02/13/2023
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Should You Invest in Super Bowl Weekend?
- Super Bowl LVII is this Sunday, with the Kansas City Chiefs and the Philadelphia Eagles vying for the championship.
- 02/10/2023
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Caesars stock gains after company suggests upbeat revenue performance
- Shares of Caesars Entertainment Inc. CZR, +4.39% were ahead about 3% in premarket trading Monday after the hotel and casino operator suggested that it expects revenue for its latest quarter to exceed the consensus view. Caesars anticipates that it generated $2.811 billion to $2.831 billion in its December-ended quarter, according to a filing with the Securities and Exchange Commission.
- 01/23/2023
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Here's Why You Should Retain Caesars Entertainment (CZR) Stock
- Caesars Entertainment's (CZR) emphasis on the Las Vegas market and development projects bode well. However, a decline in traffic from pre-pandemic levels is a concern.
- 01/19/2023
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Casino stocks in 2023: It could come down to this region, analysts say
- As casinos try to map out the year ahead amid concerns about inflation's impact on leisure spending, Macau's reopening could be the biggest driver of Wall Street's optimism on the sector's overall results, analysts said on Wednesday.
- 01/04/2023
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Caesars Entertainment Deploys Sports Betting in Ohio (CZR)
- Caesars Entertainment (CZR) announced that its sports betting wagering platform Caesars Sportsbook is officially live on desktops and available for download on iOS and Android for Ohio residents. The post Caesars Entertainment Deploys Sports Betting in Ohio (CZR) appeared first on Pulse 2.0.
- 01/02/2023
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Caesars Entertainment, Inc. to Report 2022 Fourth Quarter and Full Year Results on February 21, 2023
- LAS VEGAS and RENO, Nev. , Jan. 2, 2023 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the fourth quarter and full year 2022 after the market closes on Tuesday, February 21, 2023.
- 01/02/2023
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Should Value Investors Buy Caesars Entertainment (CZR) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/29/2022
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Analysts Pound The Table For 11 Stocks Trading For 50% Off
- Savvy investors know to stick with stocks in an uptrend. But analysts are still pounding the table for some S&P 500 stocks.
- 12/29/2022
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4 Leisure Stocks Wall Street Analysts Think Will Rally in 2023
- Despite the "soft" recession expected next year, analysts are still quite optimistic about leisure stocks in 2023.
- 12/21/2022
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7 Experience Stocks That Could Pop Off in 2023
- With a good deal of pent-up travel demand, keep an eye on experience stocks. For one, according to SWNSDigital.com, 80% of Americans say they need a vacation in 2023 “more than ever before.
- 12/19/2022
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Better Buy: MGM Resorts or Caesars Entertainment?
- Casinos and sports betting services, both physical and online, look poised for growth in the coming years.
- 12/17/2022
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3 Lucrative Growth Stocks Down More Than 30% YTD to Buy Now
- Macroeconomic volatility leading to price fall for numerous stocks is creating major investment opportunities. Zscaler, DocuSign and Caesars Entertainment have tremendous growth opportunities.
- 12/16/2022
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Bank of America downgrades Caesars, Penn Entertainment on fallen demand
- Yahoo Finance Live anchors Dave Briggs, Seana Smith and checks out Bank of America's recent stock downgrades in the sports betting space.
- 12/14/2022
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PENN and Caesars Stocks Get Downgrades as Spending on Gaming Flattens
- PENN Entertainment shares have tumbled nearly 35% this year. Caesar shares have dropped over 45%.
- 12/14/2022
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Here's Why Caesars Entertainment (CZR) is Up 27% in 6 Months
- Caesars Entertainment (CZR) benefits from increased occupancy, sports betting expansion and strategic partnerships.
- 12/14/2022
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Leisure Group: Soccer, Strippers, & Gambling
- The Zack's Leisure & Entertainment Group has multiple stocks with strong catalysts and high Zack's Rankings.
- 12/14/2022
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Analyst: Avoid These 2 Casino Stocks
- Bank of America Securities expressed hesitancy towards a couple of casino staples earlier, downgrading both Caesars Entertainment Inc (NASDAQ:CZR) and PENN Entertainment Inc. (NASDAQ:PENN) to "neutral" from "buy.
- 12/14/2022
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Are Investors Undervaluing Caesars Entertainment (CZR) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/06/2022
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10 Stocks That Could Benefit From the FIFA World Cup 2022
- The FIFA 2022 World Cup is currently underway and is scheduled to run till December 18.
- 11/30/2022
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11% Of S&P 500 Stocks Suffer Their Worst Year Ever
- Tesla isn't the only stock that's struggling in 2022. Nearly 60 S&P 500 stocks — or about 11% — are having their worst year ever.
- 11/28/2022
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Looking for a Fast-paced Momentum Stock at a Bargain? Consider Caesars Entertainment (CZR)
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Caesars Entertainment (CZR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 11/22/2022
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Cramer on Caesars' quarterly results and consumer interest in casinos
- Caesars shares surged 6.7% in premarket action. The casino operator reported a smaller-than-expected loss for the first quarter, while its revenue was above estimates.
- 11/19/2022
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Is Caesars Entertainment (CZR) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/18/2022
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Caesars Entertainment Stock Is Down Nearly 60% From Its Highs. Is It Time to Buy?
- The casino and digital sportsbook company just set new quarterly records for revenue and profit.
- 11/11/2022
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Caesars Entertainment (CZR) Upgraded to Buy: What Does It Mean for the Stock?
- Caesars Entertainment (CZR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 11/04/2022
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Two stocks that are ‘immune' to what the Fed does
- Fed Chair Jerome Powell made it somewhat clear this week that “pausing” was not an option just yet. (read more) That paints a not-so-healthy picture for stocks moving forward.
- 11/04/2022
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Wall Street Analysts Think Caesars Entertainment (CZR) Could Surge 72%: Read This Before Placing a Bet
- The consensus price target hints at a 72.4% upside potential for Caesars Entertainment (CZR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 11/04/2022
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Caesars Entertainment (CZR) Q3 Earnings Beat Estimates, Stock Up
- Caesars Entertainment's (CZR) third-quarter results benefited from the solid performance of its Las Vegas and regional segments.
- 11/02/2022
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Caesars posts earnings beat
- Caesars entertainment topped analyst estimates for both the top and bottom lines during its latest quarter.
- 11/02/2022
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Caesars Entertainment, Inc. (CZR) Q3 2022 Earnings Call Transcript
- Caesars Entertainment, Inc. (NASDAQ:CZR ) Q3 2022 Results Conference Call November 1, 2022 5:00 PM ET Company Participants Brian Agnew - SVP, Finance, Treasury and IR Tom Reeg - CEO Anthony Carano - President and COO Bret Yunker - CFO Eric Hession - President, Caesars Sports & Online Gaming Conference Call Participants Carlo Santarelli - Deutsche Bank Joe Greff - JP Morgan Steven Wieczynski - Stifel Shaun Kelley - Bank of America Barry Jonas - Truist John DeCree - CBRE Securities David Katz - Jefferies Daniel Politzer - Wells Fargo Stephen Grambling - Morgan Stanley Brandt Montour - Barclays Chad Beynon - Macquarie Joe Stauff - Susquehanna Operator Good day and thank you for standing by. Welcome to the Caesars Entertainment Third Quarter 2022 Earnings Call.
- 11/01/2022
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Caesars Entertainment (CZR) Beats Q3 Earnings and Revenue Estimates
- Caesars Entertainment (CZR) delivered earnings and revenue surprises of 60% and 1.72%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/01/2022
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Get Rid of Your Stress by Dumping These 4 Toxic Stocks
- Detoxify your portfolio by selling stocks like Tandem Diabetes (TNDM) Krispy Kreme (DNUT), Caesars Entertainment (CZR) and Vestas Wind (VWDRY).
- 10/31/2022
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Caesars Entertainment: Not Well-Positioned To Fight Rates And Inflation
- Caesars Entertainment currently has $5.4 billion of unhedged variable interest rate debt, expected to increase to $6.6 billion in Jan. 2023 as swaps expire, such debt is priced with LIBOR/SOFR. They have leasing agreements for 26 casinos, which are responsible for $1.2 billion of rent expenses per year. One of their agreement is CPI-indexed, so expect big rent increases.
- 10/24/2022
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Caesars unveils plan for potential Times Square casino
- Yahoo Finance anchors Josh Schafer, Dave Briggs and Seana Smith discuss news that Caesars will open a new casino in Times Square in New York City.
- 10/20/2022
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SL Green and Caesars push NYC Times Square casino
- SL Green Realty Corp. and Caesars Entertainment said Thursday they are pursuing a gaming license for a casino in New York City's iconic Times Square.
- 10/20/2022
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Blackjack On Broadway: Caesars Palace Casino May Come To Times Square
- The proposed casino, which may become the largest casino in the world, will also feature a Broadway theater for Lion King.
- 10/20/2022
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Caesars and developer SL Green pitch Times Square casino plan
- Caesars Entertainment and developer SL Green have announced a joint bid for a casino located in New York's Times Square.
- 10/20/2022
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9 Tempting Stocks Burn Overeager Dip Buyers Every Time
- It's understandable S&P 500 investors try to jump in early. But that dip-buying is only burning investors this year as the bottom falls out.
- 10/10/2022
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Fundamentals in the gaming sector are actually quite strong, says Houlihan Lokey's Simkins
- Joel Simkins, Houlihan Lokey managing director, joins 'Power Lunch' to discuss how gaming companies are doing, how current debt levels will affect M&A in the gaming space and companies that are well-situated for rising rates in the future.
- 10/06/2022
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Why Gaming Stocks Jumped on Tuesday
- The market is betting that lower interest rates are coming sooner than later.
- 10/04/2022
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Three Stock Lunch: Marathon Oil, Caesar's Entertainment and Ford
- Scott Nations, NationShares president and CIO, joins 'Power Lunch' to discuss Nation's investing take on three stocks: Marathon Oil, Caesar's Entertainment and Ford.
- 09/23/2022
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Sports Betting Record: What Does it Mean for the Industry?
- With football season starting up, there has been a huge increase in sports betting in the last week. From last Thursday-Sunday, this betting was up an incredible 72% year-over-year!
- 09/20/2022
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Here's Why You Should Retain Caesars Entertainment (CZR) Stock
- Caesars Entertainment (CZR) emphasizes on strategic partnerships to drive growth. However, a decline in traffic from pre-pandemic levels is a concern.
- 09/20/2022
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Analysts Totally Blow It On 12 Gutsy Stock Recommendations
- Wall Street analysts follow S&P 500 stocks more closely than almost anyone. But even they get it wrong sometimes, too.
- 09/16/2022
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Several Support Layers in Place for Casino Stock
- Hotel and casino name Caesars Entertainment Inc (NASDAQ:CZR) is breaking out of a cup and handle pattern, as well as a long-term downtrend connecting peaks in August, April, and March of 2022, as well as October of 2021.
- 09/14/2022
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The Lucrative Sports Betting Boom Has Begun
- Source: sutadimages / Shutterstock There's always a bull market somewhere. And right now, the biggest bull market on Wall Street is happening in the sports betting world.
- 09/13/2022
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This High-Yield Dividend Stock Is a No-Brainer
- VICI Properties is a convenient source of capital for its tenants.
- 09/10/2022
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Three Stock Lunch: Regeneron, Match Group and Caesars Entertainment
- Tim Seymour, Seymour Asset Management CIO and CNBC contributor, joins 'Power Lunch' to discuss his investing take on three stocks; Regeneron, Match Group and Caesars Entertainment.
- 09/09/2022
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These Are The Top Holdings Of Martin Hughes
- Martin Hughes is a popular figure in the hedge fund community.
- 09/06/2022
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Prepare To Lose Money In September Unless You Buy These 12 Stocks
- September is a scary month for S&P 500 investors for good reason — it's the worst month of the year for stocks. But it doesn't have to be.
- 09/02/2022
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Las Vegas Is no Longer a Casino Town
- There's a lot more to Las Vegas than gambling.
- 08/17/2022
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Is Now the Time to Place a Bet on Casino Stocks?
- The S&P 500 index is up about 9% so far in the third quarter of this year, while the consumer discretionary sector is up about 19%.
- 08/10/2022
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Caesars' (CZR) Q2 Earnings Lag Estimates, Revenues Surpass
- Caesars' (CZR) second-quarter top line reflects solid contributions from Las Vegas and Caesars Digital segment.
- 08/03/2022
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Caesars Entertainment, Inc. (CZR) CEO Thomas Reeg on Q2 2022 Results - Earnings Call Transcript
- Caesars Entertainment, Inc. (NASDAQ:CZR ) Q2 2022 Earnings Conference Call August 2, 2022 5:00 PM ET Company Participants Brian Agnew - SVP, Finance, Treasury & IR Anthony Carano - President & COO Bret Yunker - CFO Eric Hession - EVP Thomas Reeg - CEO & Director Conference Call Participants Carlo Santarelli - Deutsche Bank Joseph Greff - JPMorgan Chase & Co. Steven Wieczynski - Stifel, Nicolaus & Company Barry Jonas - Truist Securities Chad Beynon - Macquarie Research David Bain - B. Riley Securities Daniel Politzer - Wells Fargo Securities Shaun Kelley - Bank of America Merrill Lynch David Katz - Jefferies Operator Ladies and gentlemen, thank you for standing by, and welcome to the Caesars Entertainment Inc. 2022 Second Quarter Earnings Call.
- 08/02/2022
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Caesars Entertainment (CZR) Q2 Earnings Miss Estimates
- Caesars Entertainment (CZR) delivered earnings and revenue surprises of -36% and 1.72%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/02/2022
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Caesars earnings miss but revenues beat, driven by brick and mortar earnings
- CNBC's Contessa Brewer joins 'Closing Bell: Overtime' to report on Caesars earnings.
- 08/02/2022
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What's in Store for Caesars Entertainment's (CZR) Q2 Earnings?
- Caesars Entertainment's (CZR) second-quarter performance is likely to have benefited from sports betting expansion, enhanced iCasino offerings and property-rebranding initiatives.
- 07/29/2022
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Caesars: Bearish Outlooks Flawed, Secret Sauce Is What Icahn Saw
- Caesars bears point to narrowing margins due to excessive debt and digital promotion. The larger take here is the sheer scale of the company's database and smarts. Management remains tightly focused on debt reduction. The imminent sale this year of a strip property will put proceeds to debt reduction.
- 07/22/2022
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Why Investors Are Betting On Caesars Entertainment Today
- Caesars Entertainment, Inc. (NASDAQ: CZR) shares are trading higher by 8.94% to $42.05 during Tuesday's trading session amid overall market strength. What Happened?
- 07/19/2022
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3 Leisure & Recreation Services Stocks to Buy Amid Industry Woes
- Stocks like CZR, MSGS and SOND are likely to gain in their respective fields backed by consistent strategic partnerships and digitalization.
- 07/13/2022
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Here's Why You Should Retain Caesars Entertainment (CZR) Stock
- Caesars Entertainment's (CZR) focus on rebranding and remodeling initiatives bodes well. However, a decline in traffic from pre-pandemic levels is a concern.
- 07/04/2022
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These were the 10 worst performing stocks in the S&P 500 in its worst half since 1970
- Concerns about high inflation, aggressive rate hikes by the Federal Reserve, and the potential for an economic recession jolted investor sentiment.
- 07/01/2022
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Sports betting stocks: How companies like DraftKings, Caesars performed in June
- Since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, sports-betting companies have seen huge interest.
- 07/01/2022
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Caesars Entertainment, Inc. to Report 2022 Second Quarter Results on August 2, 2022
- LAS VEGAS and RENO, Nev. , July 1, 2022 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the second quarter 2022 after the market closes on Tuesday, August 2, 2022.
- 07/01/2022
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Casino stocks are taking a hit as consumers struggle with inflation and recession fears
- Casino stocks have underperformed the S&P 500 as consumers grapple with the highest inflation rates since the early 1980s.
- 06/17/2022
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Why Travel and Leisure Stocks Sank on Monday
- Inflation and interest rates and inverted yield curves -- oh my!
- 06/13/2022
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Why Shares Of Caesars Entertainment Are Dropping
- Caesars Entertainment, Inc. (NASDAQ: CZR) shares are trading lower Monday alongside several companies in the broader hotel, restaurant & leisure sector amid overall weakness as stocks continue to sell off following worse-than-expected May CPI data. Inflation accelerated again in May as the.
- 06/13/2022
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This Growth Stock Is a Risky Bet on Online Gambling
- fuboTV has a long uphill climb to achieve its goals of integrating live TV viewing and sports wagering.
- 06/04/2022
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Will Caesars Entertainment Stock Stage A Quick Recovery?
- Five Days: CZR 6.9%, vs. S&P 500 4.6%; Outperformed market (15% event probability).
- 06/03/2022
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Why Is Caesars Entertainment (CZR) Down 25.4% Since Last Earnings Report?
- Caesars Entertainment (CZR) reported earnings 30 days ago. What's next for the stock?
- 06/02/2022
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Here's how sports-betting stocks like DraftKings and Caesars performed in May 2022
- Since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, sports-betting companies have benefitted.
- 06/01/2022
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Caesars (CZR) Down 53% in the Past Year: Is a Revival Likely?
- Caesars Entertainment (CZR) is benefiting from improving occupancy and robust regional performance.
- 05/31/2022
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Why Investors Should Avoid Betting on This Casino Stock
- This commentary first appeared on Forbes Great Speculations , where Schaeffer's Investment Research is a regular contributor.
- 05/27/2022
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Norwegian Cruise Line And Caesars Entertainment Lead The S&P 500 Lower: Today's Winners And Losers
- U.S. indices finished Tuesday's trading session lower amid a continued sell-off in stocks. Weak earnings from Abercrombie & Fitch Co. (NYSE: ANF) have pressured retail stocks while weakness in Snap Inc (NYSE: SNAP) pressured social media companies.
- 05/24/2022
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Why Casino Stocks Soared This Week to Beat Out the Stock Market
- Las Vegas Sands, Wynn Resorts, and Caesars Entertainment all roared ahead on Friday.
- 05/14/2022
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It's Time To Bet On Caesars Entertainment
- CZR has many tailwinds working in its favor with increases in travel, relaxation of Covid-19 mandates, and continued expansion of room capacity. Casino/Resort companies generally performed better than expected during the Great Recession.
- 05/12/2022
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Caesars spinoff VICI closes on big Vegas Strip property deal
- A big casino landlord closed its acquisition of MGM Resorts International's real estate spinoff, giving the buyer several more hotel properties on the Strip.
- 05/08/2022
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Sports betting stocks: Penn Gaming, Caesars, DraftKings report earnings
- Yahoo Finance reporter Josh Schafer breaks down the earnings details for gaming stocks Penn Gaming, Caesars and Draft Kings.
- 05/05/2022
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Caesars (CZR) Q1 Loss Narrower Than Expected, Revenues Up Y/Y
- Caesars' (CZR) first-quarter results reflect sequential improvement in revenues and EBITDA.
- 05/04/2022
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Caesars Entertainment, Inc. (CZR) CEO Tom Reeg on Q1 2022 Results - Earnings Call Transcript
- Caesars Entertainment, Inc. (NASDAQ:CZR ) Q1 2022 Earnings Conference Call May 3, 2022 5:00 PM ET Company Participants Brian Agnew - Senior Vice President of Finance, Treasury, and Investor Relations Tom Reeg - Chief Executive Officer Anthony Carano - President and Chief Operating Officer Bret Yunker - Chief Financial Officer Conference Call Participants Carlo Santarelli - Deutsche Bank Joe Greff - JPMorgan Steve Wieczynski - Stifel Barry Jonas - Truist Securities Thomas Allen - Morgan Stanley Shaun Kelley - Bank of America Stephen Grambling - Goldman Sachs John DeCree - CBRE David Katz - Jefferies Dan Politzer - Wells Fargo David Bain - B. Riley Chad Beynon - Macquarie Operator Good day.
- 05/03/2022
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Caesars Entertainment (CZR) Reports Q1 Loss, Misses Revenue Estimates
- Caesars Entertainment (CZR) delivered earnings and revenue surprises of 1.86% and 0.83%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/03/2022
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What's in Store for Caesars Entertainment's (CZR) Q1 Earnings?
- Caesars Entertainment's (CZR) first-quarter performance is likely to have benefited from pent-up demand, sports betting expansion, property developments and rebranding initiatives.
- 04/29/2022
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7 Gloomy Entertainment Stocks to Avoid
- These seven entertainment stocks may look like bargains on the surface, but their respective details are hardly amusing. The post 7 Gloomy Entertainment Stocks to Avoid appeared first on InvestorPlace.
- 04/22/2022
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MGM: Swiss Army Knife Of Gaming Poised For Breakthrough Led By Vegas Spurt
- MGM: Swiss Army Knife Of Gaming Poised For Breakthrough Led By Vegas Spurt
- 04/11/2022
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3 REITs With Inflation-Based Rent Escalations
- With home prices continuing to rise, oil over $100 per barrel, and food prices surging, there is no end in sight for high inflation rates.
- 04/10/2022
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Treasury Secretary Yellen Warns Of A Recession: Our Top Picks
- The war in Ukraine is likely to cause even more inflation in the short run.
- 04/09/2022
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Caesars (CZR) Revises Deal to Sell William Hill Non-US Assets
- Caesars Entertainment (CZR) announces a revised agreement to sell the non-U.S. assets of William Hill to 888 Holdings Plc.
- 04/08/2022
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Sports betting stocks sink even as major event schedule heats up
- CNBC's Contessa Brewer on why sports gambling stocks are getting hit right now. With CNBC's Brian Sullivan and the Fast Money traders, Guy Adami, Tim Seymour, Pete Najarian and Bonawyn Eison.
- 04/07/2022
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Why (Some) Gambling Stocks Are a Great Buy Right Now
- Gambling spending is up, if you know where to look.
- 04/07/2022
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Caesars, 888 Holdings cut deal value of William Hill's non-U.S. assets
- British gambling firm 888 Holdings and U.S.-based Caesars Entertainment cut the deal value of William Hill's non-U.S. assets due to tough economic conditions and regulatory probes, the companies said on Thursday.
- 04/07/2022
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2 High-Yield 'Sin Stock' REITs
- 2 High-Yield 'Sin Stock' REITs
- 04/04/2022
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Sports betting stocks are no slam dunk, even during March Madness
- It's been an exciting NCAA men's basketball tournament so far. Baylor, the reigning champ, is already out. Perennial powerhouses Gonzaga and Duke still look solid. And we have this year's Cinderella: hello, Saint Peter's Peacocks!
- 03/24/2022
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March Madness: ‘Sports betting companies are winning' on revenue
- Macquarie Group Senior Analyst Chad Beynon joins Yahoo Finance Live to discuss the outlook for sports betting companies amid March Madness betting on the NCAA men's basketball tournament.
- 03/21/2022
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SportsGrid's Maione: Sports betting industry still in the third or fourth inning
- Louis Maione, co-founder and president of SportsGrid, joins CNBC's 'Squawk Box' to discuss sports betting trends, March Madness and more.
- 03/18/2022
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High Oil Prices Not Yet Denting Demand for Air Travel
- Along with labor, fuel is one of the largest input costs faced by airlines. Said differently, it's practically guaranteed that when oil prices soar, as is happening today, carriers pass those higher costs onto customers in the form of higher fares.
- 03/16/2022
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7 Sports Betting Stocks to Buy as March Madness Tips Off
- March Madness and sports betting go hand in hand. Here are seven sports betting stocks to consider before turning in your final bracket.
- 03/15/2022
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Best Cheap Stocks To Buy Now? 5 Leisure Stocks To Watch
- Could leisure stocks be attractive bets amid the ongoing market volatility?
- 03/11/2022
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Sports Betting Could Power Long-Term BJK Upside
- Sports betting equities, such as DraftKings (NASDAQ:DKNG) and Rush Street Interactive (NYSE:RSI), were once hot, but that's no longer the case. In fact, share price erosion in the space is accumulating at a rapid pace due in large part to the investment community's concerns about promotional spending and timelines to profitability.
- 03/10/2022
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Move Aside, Monopoly: We're Navigating REIT Risk
- Move Aside, Monopoly: We're Navigating REIT Risk
- 03/07/2022
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How major sports-betting stocks like DraftKings and Caesars performed in February
- Since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, sports-betting companies have jumped in popularity.
- 03/01/2022
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Caesars Entertainment tops revenue estimates, plans to slash sports betting ad spending
- Caesarsearnings Yahoo Finance's Akiko Fujita and Brian Cheung discuss Caesar's latest quarterly earnings.
- 02/23/2022
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Caesars Entertainment (CZR) Q4 Earnings Miss, Improve Y/Y
- Caesars Entertainment (CZR) fourth-quarter results reflect benefits from the solid performance of its rebranded Caesars Sportsbook.
- 02/23/2022
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Investing Club: What Cramer is watching Wednesday — Russia sanctions, Goldman's consumer press, Caesars waves flag
- As we try to make sense of Russia-Ukraine crisis, a couple big CEO interviews today.
- 02/23/2022
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Sports betting industry clearly needs consolidated: Engine Media's Tom Rogers
- Tom Rogers, Engine Media executive chairman, joins CNBC's 'Squawk Box' to discuss mobile gambling in New York and what it means for sports betting companies.
- 02/23/2022
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Caesars Entertainment, Inc. (CZR) CEO Tom Reeg on Q4 2021 Results - Earnings Call Transcript
- Caesars Entertainment, Inc. (CZR) CEO Tom Reeg on Q4 2021 Results - Earnings Call Transcript
- 02/22/2022
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Caesars Entertainment (CZR) Reports Q4 Loss, Tops Revenue Estimates
- Caesars Entertainment (CZR) delivered earnings and revenue surprises of -40.74% and 0.25%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/22/2022
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Dow Jones Newswires: Caesars Entertainment Q4 losses narrow on revenue growth
- Caesars Entertainment Corp. said losses narrowed in the fourth quarter as revenue rose 63% from the year-ago period with the return of people to its casinos and hotels.
- 02/22/2022
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What's in Store for Caesars Entertainment's (CZR) Q4 Earnings?
- Caesars Entertainment's (CZR) fourth-quarter performance is likely to have benefited from pent-up demand, expansion of retail sports betting and enhanced iCasino offerings.
- 02/21/2022
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The Pros' 10 Best S&P 500 Stocks to Buy Now
- Analysts are upbeat toward S&P 500 stocks for 2022, though some of the optimism has moderated following a volatile start to the year. Between talk of higher interest rates on the way to the wind-down of the "stay-at-home trade" that drove returns in 2021, investors have repositioned themselves for what could turn out to be a very different year on Wall Street.
- 02/14/2022
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Why Casino Stocks Jumped This Week
- Earnings season started off with a bang in the casino industry.
- 02/11/2022
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Sports betting: The legal status of U.S. gambling ahead of the 2022 Super Bowl
- Yahoo Finance's Alexis Keenan details the state of sports betting in the U.S., how much many will be wagered over the Super Bowl, and the legality of betting by state.
- 02/10/2022
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Protect Your Portfolio Health From These 4 Toxic Stocks
- Usually, toxic stocks are fraught with huge debt loads and are susceptible to external shocks. CZR, BLKB, CHGG and ASAI are some stocks that you should sell now to detoxify your portfolio.
- 02/10/2022
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Your Personal Home Is Not A Real Estate Investment, But REITs Are
- Renting is often smarter and cheaper than buying a house. The cost of owning a house is vastly underestimated by most home buyers. When all the costs are properly taken into account, the returns are typically low or even negative.
- 02/05/2022
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New York Breaks State Online Sports Betting Record In 3 Weeks: The Early Winners And What's Next
- The highly anticipated launch of online sports betting kicked off in the state of New York in January. In only three weeks, New York is already breaking records for the sports betting industry.
- 02/04/2022
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DraftKings, Caesars help New York set monthly sports betting record in just three weeks
- In true New York fashion, it took just three weeks for the state to set a U.S. record for most money wagered on sports betting in a single month.
- 02/04/2022
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Jon Najarian buys Caesars, JETS, QQQ
- Jon Najarian, MarketRebellion.com co-founder, joins 'Halftime Report' to discuss which stocks he's buying.
- 02/01/2022
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See how DraftKings, Caesars and the other major sports-betting stocks performed in January
- Since the United States Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, sports-betting companies have surged in popularity. In response, sports betting companies have begun jockeying for bettors in a “gold rush” of customer acquisition.
- 02/01/2022
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Your Cash Is Trash: 3 REITs That Will Soar With Inflation
- Your Cash Is Trash: 3 REITs That Will Soar With Inflation
- 01/30/2022
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Want to Be a Millionaire Investor? Consider This Warren Buffett Pick
- Why not listen to one of the world's most renowned investors?
- 01/30/2022
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Caesars Entertainment rebrands Bally's as Horseshoe Las Vegas
- Caesars Entertainment announced that it will begin transforming its Bally's casino into Horseshoe Las Vegas.
- 01/26/2022
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Detoxify Your Portfolio by Dumping These 4 Stocks
- Las Vegas Sands (LVS), Caesars Entertainment (CZR), Sendas Distribuidora (ASAI) and Hawaiian Holdings (HA) are a few toxic stocks carrying huge debts. Sell these stocks to avoid painful losses.
- 01/26/2022
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Sports betting stocks bounce back from intraday lows
- CNBC's Contessa Brewer reports on recent price action in sports betting stocks.
- 01/24/2022
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We Reiterate Strong Guidance On Rush Street, Perfectly Sized For Acquisition-Minded Fanatics
- We Reiterate Strong Guidance On Rush Street, Perfectly Sized For Acquisition-Minded Fanatics
- 01/24/2022
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Is Caesars Entertainment Stock Worth the Gamble?
- The shares of Caesars Entertainment, Inc. (NASDAQ: CZR ) have been chopping lower on the charts over the last few months, despite the casino name announcing a multi-year partnership with the Buffalo Bills last week to make Caesars Sportsbook an official mobile sports betting partner.
- 01/24/2022
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VENI, VIDI, VICI: Building An Empire In Las Vegas
- VENI, VIDI, VICI: Building An Empire In Las Vegas
- 01/21/2022
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Caesars: Take The Gamble
- Stock trades below low end of peer group historical multiple range.
- 01/21/2022
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An Overlooked Opportunity in the Betting Market
- The U.K. has one of the most developed and active gambling markets in the world. The market has developed and grown over many decades, and several world-leading companies have emerged in the process.
- 01/20/2022
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Caesars Entertainment (CZR) Partners With MSU Athletics
- Caesars Entertainment's (CZR) Caesars Sportsbook turns sports betting partner for MSU Athletics. The partnership emphasizes responsible sports gaming and education for the MSU community.
- 01/14/2022
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Caesars Entertainment Enters Multi-Year Partnership With Michigan State University
- Caesars Entertainment Inc (NASDAQ: CZR) has partnered with Michigan State University (MSU) to make Caesars Sportsbook the Official and Exclusive Sports Betting Partner and iGaming Partner of MSU Athletics. The partnership combines fan engagement opportunities, a new premium seating area at Spartan Stadium, and an expansion of responsible sports gaming education.
- 01/13/2022
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7 Gambling Stocks to Buy as Risk Appetite Soars During the Pandemic
- While the pandemic may have forced Americans indoors, we haven't lost our speculative fervor, thus boosting gambling stocks. The post 7 Gambling Stocks to Buy as Risk Appetite Soars During the Pandemic appeared first on InvestorPlace.
- 01/10/2022
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Market Update: Why Are Stocks Down Today?
- It's time for a Monday market update as we answer the question "why are stocks down today?", and list companies taking a dive.
- 01/10/2022
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Sports Betting Stocks Alert: A Big Catalyst Is Underway for RSI, PDYPY, CZR, DKNG Stocks
- Despite a strong New York gambling app launch, sports betting stocks are down big so far today. What's bringing the betting companies down?
- 01/10/2022
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Caesars Entertainment (CZR) Unveils Sportsbook App in New York
- Caesars Entertainment's (CZR) focus on sports betting expansion bodes well. The company announces the launch of the Caesars Sportsbook app in New York.
- 01/10/2022
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Caesars CEO reacts to New York's 'massive' online sports betting debut
- Caesars Entertainment CEO Thomas Reeg joins CNBC's 'Squawk Box' to react to the first weekend of online sports betting in New York.
- 01/10/2022
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Mobile sports betting comes to New York
- CNBC's Contessa Brewer joins Shep Smith to report that people who live in New York will be able to bet on professional sports for the first time tomorrow.
- 01/07/2022
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Mobile sports betting operators approved in New York, kick off Saturday
- CNBC's Contessa Brewer reports on mobile sports betting in New York, which kicks off tomorrow. Brewer discusses the projected tax revenue and earnings from the space.
- 01/07/2022
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Caesars Entertainment, Inc. to Report 2021 Fourth Quarter and Full Year Results on February 22, 2022
- LAS VEGAS and RENO, Nev., Jan. 3, 2022 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the fourth quarter and full year 2021 after the market closes on Tuesday, February 22, 2022.
- 01/03/2022
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Deep Dive: Wall Street analysts' favorite stocks for 2022 include Alaska Air, Caesar's and Lithia Motors
- As the coronavirus pandemic has stretched out, investors have continued to pour money into stocks, in part because the alternatives have been dismal. Why bother with 10-year U.S. Treasury bonds that yield a paltry 1.52% when the S&P 500 index has a dividend yield of 1.30% to go along with its growth potential?
- 12/31/2021
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As The Gaming Industry Taps Digital Growth, Are These Casino Stocks Worth Gambling On?
- A bumpy, but accelerating, economic recovery has led to uneven support for casino stocks as more Americans return to concerts, sporting events, and other in-person activities. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.
- 12/29/2021
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Caesars Entertainment (CZR) Up 28% YTD: More Room for Upside?
- Caesars Entertainment (CZR) is benefiting from robust occupancy and solid regional performance.
- 12/27/2021
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Casino stocks surge on a key report out of gambling mecca Macao
- CNBC's Contessa Brewer reports on the surge in casino stocks after a Macao consultation. With CNBC's Brian Sullivan and the Fast Money traders, Tim Seymour, Steve Grasso and Bonawyn Eison.
- 12/23/2021
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3 Top Casino Stocks That Could Make a Comeback in 2022
- Investors may want to start rolling the dice on these battered casino stocks again, as the industry begins to show strong signs of life. The post 3 Top Casino Stocks That Could Make a Comeback in 2022 appeared first on InvestorPlace.
- 12/20/2021
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Casino stocks are looking like a big gamble
- So much for the house always winning. Casino stocks have had a brutal year.
- 11/29/2021
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13 Gaming And Lodging Stocks To Buy On The Omicron Dip
- Gaming and lodging stocks took a big hit on Friday following news of the new omicron variant of COVID-19. Despite that, Bank of America analyst Shaun Kelley said Monday there are plenty of gaming and lodging stocks to buy on the dip heading into 2022.
- 11/29/2021
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Taking A Look At The iGaming Industry
- In 2018 PASPA was declared unconstitutional and this opened the door for legalizing sports betting. The iGaming industry is expected to grow at a CAGR of 17.3% up until 2026.
- 11/28/2021
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3 Stocks Beating the S&P 500
- Shareholders of Raymond James Financial Inc ( RJF , Financial), Caesars Entertainment Inc ( CZR , Financial) and MGM Resorts International ( MGM , Financial) saw the value of their shares increase significantly in recent years, outperforming the S&P 500 Index. The benchmark index for the U.S. market stands at 4,690.70 as of Nov. 23, having grown 31% over the past year and 78% over the past three years through Nov. 23.
- 11/24/2021
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Here's Why Investor Should Hold on to Caesars (CZR) Stock
- Caesars (CZR) benefits from solid performance of regional properties, robust occupancy and sports betting expansion.
- 11/23/2021
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Las Vegas Is a Better Bet as Macao Gambling Revenue Tumbles
- Heavy-handed restrictions continue to weigh on casinos in China while their U.S. counterparts enjoy expanding freedom.
- 11/13/2021
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New York OKs Mobile Sports Betting Apps: No Slam Dunk For Stocks In The Sector
- Pay no attention to happy talk from the nine apps selected. The law is a license to lose money. The 51% tax rate is bad enough, but the geography of adjoining states with competitive odds could pose a cross-border challenge.
- 11/12/2021
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Volatile Week Ends in Benchmarks Snapping Win Streak
- The week started off strong, with the major benchmarks extending their series of record closing highs into Monday, with help from the long-awaited passage of the $1 trillion infrastructure bill.
- 11/12/2021
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Analyst Places Bet on Caesars Entertainment Stock
- The Coca-Cola Co The Coca-Cola Co The Coca-Cola Co The Coca-Cola Co The Coca-Cola Co The shares of casino stock Caesars Entertainment Corporation (NASDAQ:CZR) are moving higher ahead of the open, last seen up 3.6% to trade at $105.60 after B Riley Securities initiated coverage with a "buy" rating.
- 11/12/2021
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Caesars Sportsbook Adds Peyton, Eli And Rest Of The Manning Family To Empire: What Investors Need To Know
- A sports betting company announced a new partnership with a well-known football family to help grow its customer base and brand awareness. What Happened: Chances are you've seen a Caesars Sportsbook commercial if you have watched any National Football League games this season.
- 11/09/2021
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DraftKings, Caesars among 9 approved sports-betting operators in New York
- The New York State Gaming Commission has approved nine online sports-betting operators for licenses, including DraftKings, FanDuel, Bally Sports, BetMGM, PointsBet, Caesars, WynnBet, Kambi and Resorts World.
- 11/08/2021
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Top Wall Street analysts pick their favorite stocks as earnings season winds down
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Ford & Steve Madden
- 11/07/2021
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Caesars Entertainment (CZR) Q3 Earnings Lag Estimates, Rise Y/Y
- Caesars Entertainment (CZR) third-quarter top line reflects on solid contributions from Las Vegas, Regional and Caesars Digital segments.
- 11/03/2021
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Caesars Entertainment Clocks 86% Revenue Growth In Q3, Tops Consensus
- Caesars Entertainment Inc (NASDAQ: CZR) reported third-quarter FY21 sales growth of 86% year-on-year, to $2.69 billion, beating the analyst consensus of $2.62 billion. Revenue from casinos and pari-mutuel commissions increased 53.9% Y/Y to $1.5 billion, Food and Beverage rose 173.2% to $347 million and Hotel revenue grew 155.5% to $511 million.
- 11/03/2021
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Caesars Entertainment, Inc. (CZR) CEO Tom Reeg on Q3 2021 Results - Earning Call Transcript
- Caesars Entertainment, Inc. (CZR) CEO Tom Reeg on Q3 2021 Results - Earning Call Transcript
- 11/02/2021
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Caesars Entertainment (CZR) Reports Q3 Loss, Tops Revenue Estimates
- Caesars Entertainment (CZR) delivered earnings and revenue surprises of -1450.00% and 1.02%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/02/2021
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Sting Launches Las Vegas Residency At Caesars Palace
- The latest headliner to entertain Las Vegas audiences is Sting, who just kicked off his residency at The Colosseum at Caesars Palace, a subsidiary of Caesars Entertainment, Inc. (NASDAQ: CZR). What Happened: Sting's residency, titled “My Songs,” spans his career as the lead singer of The Police to his solo work.
- 11/01/2021
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Caesars Entertainment Opens New Sportsbook Locations In Louisiana
- Caesars Entertainment Inc's (NASDAQ: CZR) Harrah's New Orleans and Horseshoe Bossier City Hotel & Casino have begun accepting their first-ever in-person sports bets through Caesars Sportsbook. In addition to the in-person bets accepted at the properties, the Caesars Sportsbook app is available for download on iOS or Android by eligible sports fans in Louisiana.
- 11/01/2021
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Robust Occupancy to Aid Caesars Entertainment (CZR) Q3 Earnings
- Caesars Entertainment's (CZR) third-quarter 2021 results are likely to reflect benefits from pent-up demand.
- 10/29/2021
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Bobby's Burgers by Bobby Flay Expands to Two New Las Vegas Locations
- LAS VEGAS, Oct. 18, 2021 /PRNewswire/ -- Acclaimed Chef Bobby Flay and Caesars Entertainment today announced plans to expand Flay's fast-casual brand, Bobby's Burgers, to two new locations on the Las Vegas Strip at Harrah's Las Vegas and Paris Las Vegas. Bobby's Burgers is inspired by Flay's love of the grill and the traditional burger, fries and shake combo.
- 10/18/2021
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Evolution Gaming: Online Casinos Evolutionized
- Evolution Gaming: Online Casinos Evolutionized
- 10/13/2021
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MGM, Caesars Gaining US Online Sports Betting Market Share
- Bank of America just reported its latest U.S. online sports betting (OSB) app download numbers for the month of September, and the data suggests MGM Resorts International (NYSE:MGM) and Caesars Entertainment Inc (NYSE:CZR) are making big strides in gaining market share in the high-growth business. Bank of America reported 1.8 million OSB app downloads in the month of September, up 198% from a year ago.
- 10/11/2021
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Nobu Hotel Caesars Palace Begins Multimillion-Dollar Refresh Project
- LAS VEGAS, Oct. 11, 2021 /PRNewswire/ -- As the world's first Nobu Hotel Caesars Palace commemorates its eighth anniversary, the luxury boutique hotel within the iconic Las Vegas resort embarks on a multimillion-dollar refresh of all 182 guest rooms and public areas. Construction is set to be complete by the end of 2021.
- 10/11/2021
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Caesars Entertainment, Inc. Announces Final Settlement of Tender Offer for 5.250% Senior Notes Due 2025
- LAS VEGAS and RENO, Nev., Oct. 8, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. (the "Company") (Nasdaq: CZR) today announced the expiration of the previously announced tender offer (the "Tender Offer") to purchase for cash up to $1.2 billion of the 5.250% Senior Notes due 2025 (the "Notes") issued by its indirect wholly owned subsidiaries, Caesars Resort Collection, LLC and CRC Finco, Inc. (the "Issuers") on the terms and subject to the conditions set forth in the Issuers' Offer to Purchase dated September 10, 2021 and the accompanying Letter of Transmittal dated September 10, 2021 (together, the "Tender Offer Documents"), and that it accepted and made payment for $4,000 in aggregate principal amount of the Notes which, combined with the previously announced early settlement on September 24, 2021 (the "Early Settlement Date"), resulted in $889,281,000 in aggregate principal amount, representing approximately 52.31% of the Notes.
- 10/08/2021
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As Vegas Comes Roaring Back, Casinos Look Bullish
- The Nevada Gaming Commission report includes some important news for MGM Resorts and casino investors.
- 10/07/2021
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Caesars: The Most Elegant Solution Yet To Enter The Japan Gaming Market Without A Dime Of Equity
- CEO Thomas Reeg and his team have made a deal with Clairvest to operate its Japan IR development project. It's a free pass entry to a $25b market. Peers have exited the bidding, citing the expected cost of a mega-property at $10b too high a hurdle rate.
- 10/04/2021
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6 S&P 500 ETF Stocks With Double-Digit September Returns
- Though most stocks in the fund's portfolio also plunged last month, we have highlighted six stocks from different sectors that are in deep green.
- 10/01/2021
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Walk-On's Sports Bistreaux Set to Bring a Taste of Louisiana to Las Vegas
- BATON ROUGE, La., Sept. 30, 2021 /PRNewswire/ -- Walk-On's Sports Bistreaux, a leading sports dining experience with a Louisiana-inspired menu and family friendly atmosphere, is bringing its unique flavor to the world-famous Las Vegas Strip.
- 09/30/2021
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Caesars Entertainment, Inc. Joins Clairvest Neem Ventures in the Future Wakayama Marina City IR Project
- TOKYO, LAS VEGAS and TORONTO, Sept. 29, 2021 /PRNewswire/ -- Clairvest Neem Ventures K.K.
- 09/29/2021
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Golden Entertainment: This Is Your Chance To Buy
- Golden Entertainment: This Is Your Chance To Buy
- 09/29/2021
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Caesars Entertainment, Inc. Announces Early Tender Results of Previously Announced Tender Offer of the 5.250% Senior Notes Due 2025
- LAS VEGAS and RENO, Nev., Sept. 24, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. (the "Company") (Nasdaq: CZR) today announced the early tender results as of 5:00 p.m.
- 09/24/2021
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Washington Capitals Announce Caesars Entertainment as First-Ever Jersey Patch Partner
- ARLINGTON, Va. and LAS VEGAS, Sept.
- 09/24/2021
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Director Of Caesars Entertainment Sold $552.42 Thousand In Stock
- Michael Pegram, Director at Caesars Entertainment (NASDAQ:CZR), made a large insider sell on September 17, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Pegram sold 5,000 shares of Caesars Entertainment at a price of $110.48.
- 09/22/2021
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Caesars (CZR) Boosts Partnership With Nobu, Expands Footprint
- Caesars (CZR), which is set to strengthen its collaboration with Nobu Hospitality, announces the opening of hotels and restaurants in three new locations across the United States.
- 09/22/2021
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Caesars Entertainment Extends Partnership With Nobu Hospitality
- Caesars Entertainment Inc (NASDAQ: CZR) has extended its partnership with Nobu Hospitality with three new locations across the U.S. The alliance includes two new Nobu Hotels and restaurants at Harrah's New Orleans and Caesars Atlantic City, a Nobu restaurant at Paris Las Vegas, and a refresh of the first Nobu Hotel at Caesars Palace Las Vegas.
- 09/21/2021
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Caesars Entertainment And Nobu Hospitality Strengthen Partnership With Three New Locations Across The US
- LAS VEGAS, Sept. 21, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. and Nobu Hospitality – the global lifestyle brand founded by Nobu Matsuhisa, Robert De Niro and Meir Teper – today announced the expansion of its longstanding partnership with two new Nobu Hotels and restaurants at Harrah's New Orleans and Caesars Atlantic City, a Nobu restaurant at Paris Las Vegas and a refresh of the first Nobu Hotel at Caesars Palace Las Vegas.
- 09/21/2021
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Macao Nightmare: What We Know About the Future of Gambling There
- Macao's government could potentially change the rules of the gambling business next year, and it has investors on edge.
- 09/20/2021
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Caesars Sportsbook Named Official Sportsbook Partner Of LSU Athletics
- BATON ROUGE, La. and LAS VEGAS, Sept.
- 09/17/2021
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Caesars Entertainment Unveils Official Renderings of Caesars Virginia - a $500 Million Resort to be Built in Danville
- DANVILLE, Va., Sept. 16, 2021 /PRNewswire/ -- Caesars Entertainment shared official renderings today for Caesars Virginia, its $500 million resort expected to break ground by the end of the year in Danville.
- 09/16/2021
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Wells Fargo bets on gaming stocks
- The "Halftime Report" traders debate the biggest analyst call of the day.
- 09/15/2021
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3 of the Best Stocks to Buy in September
- Investing doesn't have to be complicated. Sometimes the very best additions to your portfolio are great investments for simple, obvious reasons.
- 09/12/2021
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Caesars Entertainment, Inc. Announces Pricing of 4.625% Senior Notes due 2029
- LAS VEGAS and RENO, Nev., Sept. 10, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) (the "Company") today announced that it priced an offering of $1.2 billion aggregate principal amount of its 4.625% Senior Notes due 2029 at par (the "Notes") (the "Notes Offering").
- 09/10/2021
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Caesars Entertainment, Inc. Announces Commencement of Tender Offer for 5.250% Senior Notes Due 2025
- LAS VEGAS and RENO, Nev., Sept. 10, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. (the "Company") (Nasdaq: CZR) today announced that its indirect wholly owned subsidiaries, Caesars Resort Collection, LLC and CRC Finco, Inc. (the "Issuers"), have commenced a cash tender offer (the "Tender Offer") for up to $1.2 billion (the "Maximum Amount") of the Issuers' outstanding 5.250% Senior Notes due 2025 (the "Notes") on the terms and subject to the conditions set forth in the Issuers' Offer to Purchase dated September 10, 2021 and the accompanying Letter of Transmittal dated September 10, 2021 (together, the "Tender Offer Documents").
- 09/10/2021
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Donny Osmond Adds 2022 Dates After The Successful Opening Of His Sold-Out New Residency At Harrah's Las Vegas
- LAS VEGAS, Sept. 10, 2021 /PRNewswire/ -- Legendary entertainer and music icon Donny Osmond adds new dates through 2022 to his first-ever solo residency inside Harrah's Showroom at Harrah's Las Vegas.
- 09/10/2021
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Caesars Entertainment, Inc. Announces Proposed Offering of Senior Notes
- LAS VEGAS and RENO, Nev., Sept. 10, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) (the "Company") today announced that the Company, intends to offer, subject to market and other conditions, $1,000.0 million aggregate principal amount of senior notes due 2029 (the "Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to persons outside the United States under Regulation S of the Securities Act.
- 09/10/2021
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Sports Betting Has Arrived in Arizona with Caesars Sportsbook!
- PHOENIX, Sept. 9, 2021 /PRNewswire/ -- The wait is finally over and legal sports betting in the state of Arizona is officially live.
- 09/09/2021
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Caesars Sells Overseas Assets of William Hill for $1.2 Billion. Its Stock Is Up.
- Shares of Caesars Entertainment were up Thursday after the casino operator said it would sell the overseas assets of William Hill to 888 Holdings for net proceeds of roughly $1.2 billion.
- 09/09/2021
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888 Holdings wins three-horse race for William Hill's non-US assets
- 888 Holdings PLC looks to have won a three-horse race for William Hill's non-US bookmaking empire. In an announcement earlier Thursday, the online gambling group confirmed it was in talks with Caesars Entertainment to take control of the assets, which carry an enterprise value of £2.2bn.
- 09/09/2021
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Caesars Entertainment, Inc. Announces Agreement to Sell William Hill Non-US Assets to 888 Holdings Plc for £2.2bn
- LAS VEGAS and RENO, Nev., Sept. 9, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") today announced an agreement to sell the non-US assets of William Hill to 888 Holdings Plc for approximately £2.2 billion.
- 09/09/2021
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Caesars Entertainment Asset Sale Coming In At Higher Price And Could Bring More Upside
- After a large acquisition in the casino and online gaming space, Caesars Entertainment Inc (NASDAQ:CZR) put an asset up for sale. It has attracted higher bids than expected, leading to a bullish callout from an analyst.
- 09/08/2021
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Caesars Entertainment (CZR) Partners With Genius Sports
- Caesars Entertainment (CZR) collaborates with Genius Sports to boost NFL-backed sportsbook offerings. This includes customer acquisition tools and fan engagement solutions.
- 09/08/2021
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Which sports stocks are worth betting?
- David Katz, Jeffries' managing director, joins The Exchange to discuss sports betting ahead of the NFL season kick off on Thursday. He tells Kelly Evans about which sport betting companies are worth investing in and which to skip this season.
- 09/07/2021
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Sports betting set to surge ahead of Thursday's NFL kickoff
- CNBC's Contessa Brewer reports on why sports betting is about to surge with the start of the football season.
- 09/07/2021
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Genius Sports Enters Multi-Year Agreement With Caesars Entertainment
- Genius Sports Limited (NYSE: GENI) has signed a multi-year agreement with Caesars Entertainment Inc (NASDAQ: CZR). The financial terms of the deal were not disclosed.
- 09/07/2021
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Caesars Entertainment, Inc. Completes Previously Announced Sale of Caesars Southern Indiana Operations to the Eastern Band of Cherokee Indians
- LAS VEGAS and RENO, Nev., Sept. 3, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") today announced the closing of the sale of the operations of Caesars Southern Indiana to the Eastern Band of Cherokee Indians ("EBCI") for approximately $250 million.
- 09/03/2021
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3 Stocks to Watch as the Football Mania Grips Americans
- Companies with exposure to sports betting business may emerge as good investment options to hold onto as football season kicks in.
- 09/03/2021
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Las Vegas Is Booming: 3 Stocks to Buy to Profit From the Trend
- The city is reporting record gambling results well before the pandemic truly ends.
- 09/03/2021
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DraftKings, Caesars and Penn National — here's how sports-betting stocks performed in August
- Since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act in 2018, sports-betting companies have boomed in popularity.
- 09/02/2021
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10 Sports Betting Stocks to Buy Just in Time for Football Season
- So, as its prime time once again for sportsbooks, and as the overall igaming trend continues, which sports betting stocks may be of interest? These 10 appear to be top ones to buy.
- 08/31/2021
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Caesars Entertainment (CZR) Launches Sportsbook App in Arizona
- Caesars Entertainment's (CZR) focus on sports betting expansion bodes well. The company launches new Caesars Sportsbook app in Arizona, for download and deposit purposes.
- 08/30/2021
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The Caesars Sportsbook App is Now Live in Arizona!
- PHOENIX, Aug. 28, 2021 /PRNewswire/ -- Access to legal sports betting is fast approaching for Arizona residents and today, Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") announced its brand-new Caesars Sportsbook app is officially available to Arizona customers for download and deposit. As an Authorized Gaming Operator of Major League Baseball and in partnership with the Arizona Diamondbacks, Caesars is excited to offer Arizona sports fans the chance to officially download the Caesars Sportsbook app, register, and deposit funds while taking advantage of all of the incredible offers in preparation for sports betting's launch in the state on September 9.
- 08/28/2021
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Why Casino Stocks Have Jumped This Week
- Macao, online gambling, and QE were all working in favor of casino stocks this week.
- 08/27/2021
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Caesars Entertainment Increases Ownership Of Horseshoe Baltimore To 76%
- Caesars Entertainment Inc (NASDAQ: CZR) has acquired a minority interest in the Horseshoe Baltimore casino from one of its joint venture partners. The company now owns 76% of Horseshoe Baltimore and will consolidate the property results on its financial statements.
- 08/27/2021
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Caesars Entertainment, Inc. Buys Minority Interest from Partner in Horseshoe Baltimore
- LAS VEGAS and RENO, Nev., Aug. 26, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") today purchased a minority interest in Horseshoe Baltimore from one of its joint venture partners.
- 08/26/2021
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Here's Why You Should Retain Caesars Entertainment (CZR) Stock
- Caesars Entertainment's (CZR) focus on sports betting partnerships bodes well. Disruptions associated with weather and construction are headwinds.
- 08/26/2021
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7 S&P 500 Stocks to Buy for Growth and Value
- Finding the right combination of growth and value is like the holy grail of investing. Let's look at 7 S&P 500 stocks that fit the bill.
- 08/24/2021
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Caesars Entertainment (CZR) Inks Partnership With Fiesta Bowl
- Caesars Entertainment (CZR) announces a multi-year partnership with Fiesta Bowl Organization for the expansion of sports betting across Arizona.
- 08/24/2021
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Caesars Entertainment Partners With Fiesta Bowel For Sports Betting To Arizona
- Caesars Entertainment Inc (NASDAQ: CZR) is partnering with The Fiesta Bowl Organization for an exclusive sports betting and fantasy game for a college football Bowl game. The partnership will focus on fan engagement, year-round events, and expanding sports gaming and education in Arizona.
- 08/23/2021
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Fiesta Bowl and Caesars Entertainment Create Bowl Season's First-Ever Exclusive Sports Betting and Fantasy Gaming Partnership
- SCOTTSDALE, Ariz. and LAS VEGAS, Aug. 23, 2021 /PRNewswire/ -- The Fiesta Bowl Organization today announced it has joined forces with Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") in a first-of-its-kind sports betting and fantasy gaming partnership for a college football Bowl game.
- 08/23/2021
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8 Hot Stocks to Buy That Analysts Loved This Week
- 24/7 Wall St. reviews dozens of analyst research reports each day of the week with a goal of finding new ideas for investors and traders alike.
- 08/21/2021
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Caesars Entertainment Is Striving To Benefit From Online Gambling Growth
- Caesars Entertainment has a high chance of achieving strong growth as the online gambling market increases at a double-digit annual pace.
- 08/20/2021
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5 Red-Hot Gaming Stocks to Buy Now With the NFL Betting Season Right Around the Corner
- With the NFL and college football seasons right around the corner, you can be sure that people that love to gamble on games, and bet on fantasy football and internet gaming, are ready and set to roll.
- 08/20/2021
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Penn National Vs. Caesars: Both Strong Contenders, But Long-Term Bet On Caesars
- We look at the business model of two fine companies to make a pick on the long-term prospect for best returns.
- 08/20/2021
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3 Gambling Stocks Ready to Ride Golden Nugget's Victory
- The announcement of the DraftKings/Golden Nugget deal gave the entire gambling sector a buzz and lifted several other gambling stocks. The post 3 Gambling Stocks Ready to Ride Golden Nugget's Victory appeared first on InvestorPlace.
- 08/19/2021
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Caesars Entertainment (CZR) Partners With Houston Texans
- Caesars Entertainment (CZR) will support Houston Texans' promotional channels, including in-stadium signage as well as digital and traditional media assets.
- 08/13/2021
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Monday Afternoon Analyst Upgrades and Downgrades: Caesars, Coinbase, Editas, Wynn and More
- With the trading day more than halfway over, the broad markets were fairly mixed. While the Dow Jones industrial average and S&P 500 had pulled back slightly from their all-time highs, they still seem primed for more earnings later this week.
- 08/09/2021
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BofA Upgrades Caesars Entertainment, Downgrades Wynn On Macau Concerns
- Shares of Wynn Resorts, Limited (NASDAQ:WYNN) traded lower by nearly 5% on Monday morning after the stock was downgraded on concerns about the lagging casino recovery in Macau. The Analyst: Bank of America analyst Shaun Kelley downgraded Wynn from Buy to Neutral and cut his price target from $130 to $105.
- 08/09/2021
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Caesars Entertainment (CZR) Q2 Earnings Top Estimates, Rise Y/Y
- Caesars Entertainment (CZR) second-quarter 2021 performance benefits from solid contributions from regional and Las Vegas markets.
- 08/04/2021
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Caesars Entertainment, Inc. (CZR) CEO Tom Reeg on Q2 2021 Results - Earnings Call Transcript
- Caesars Entertainment, Inc. (CZR) CEO Tom Reeg on Q2 2021 Results - Earnings Call Transcript
- 08/03/2021
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Caesars Entertainment (CZR) Beats Q2 Earnings and Revenue Estimates
- Caesars Entertainment (CZR) delivered earnings and revenue surprises of 284.62% and 9.33%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 08/03/2021
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Why Earnings Season Could Be Great for Caesars Entertainment (CZR)
- Caesars Entertainment (CZR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 08/02/2021
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Caesars: CEO Reeg Is Determined To Build Out And Hold Sector Leadership With Deals
- Caesars: CEO Reeg Is Determined To Build Out And Hold Sector Leadership With Deals
- 07/30/2021
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Lisa Vanderpump to Open Second Las Vegas Venue, Vanderpump à Paris, at Paris Las Vegas
- LAS VEGAS, July 29, 2021 /PRNewswire/ -- Restaurateur, television star and philanthropist Lisa Vanderpump is set to bring her signature stunning and innovative design aesthetic to Paris Las Vegas for her second Las Vegas venue, Vanderpump à Paris. Like her highly successful first Vegas location, Vanderpump Cocktail Garden at Caesars Palace, Vanderpump à Paris will feature delectable dishes, whimsical and unique cocktails, and a lush, elaborate atmosphere with eclectic, Parisian-inspired design details.
- 07/29/2021
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4 Leisure Stocks Poised to Beat Earnings Estimates in Q2
- The leisure industry continues to benefit from strong demand for recreational products, golf business and widespread deployment of vaccines.
- 07/27/2021
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New Orleans Saints and Caesars Entertainment Announce Partnership: Stadium Rebranded as Caesars Superdome
- NEW ORLEANS, July 26, 2021 /PRNewswire/ -- The New Orleans Saints and Caesars Entertainment announced today the formation of a 20-year, exclusive naming-rights partnership that rebrands New Orleans' iconic downtown stadium as the Caesars Superdome. Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8834555-new-orleans-saints-caesars-entertainment-partnership-stadium-rebranded/ Caesars Superdome will host all Saints home football games, and Super Bowl LIX to be played in February 2025.
- 07/26/2021
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New Orleans Saints One Step Closer To Playing In Caesars Superdome After Vote
- After a Louisiana State Joint Budget Committee voted and approved a 20-year sponsorship rights deal worth around $140 million without objection, the new name of New Orleans Saints' iconic home would be the Caesars Superdome if the contract is finalized.
- 07/22/2021
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Usher Celebrates Grand Opening Of New Headlining Las Vegas Residency With Back-To-Back Sold Out Shows At The Colosseum At Caesars Palace
- LAS VEGAS, July 19, 2021 /PRNewswire/ -- Click here for high-resolution show photos - Credit Denise Truscello Click here for production b-roll - Credit Mr. Camera Global megastar and eight-time GRAMMY ® Award-winner Usher took to the stage with back-to-back sold-out shows on Friday, July 16 and Saturday, July 17 as he debuted his exclusive new Las Vegas residency at The Colosseum at Caesars Palace.
- 07/19/2021
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After Plunging 10.2% in 4 Weeks, Here's Why the Trend Might Reverse for Caesars Entertainment (CZR)
- Caesars Entertainment (CZR) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
- 07/19/2021
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World Series of Poker Online Expands into Pennsylvania
- LAS VEGAS and PHILADELPHIA, July 15, 2021 /PRNewswire/ -- The World Series of Poker® (WSOP®) is officially live online in Pennsylvania following a successful field trial and approval from the Pennsylvania Gaming Control Board, opening up the world's most iconic poker platform, WSOP.com, to players in the Keystone State for the first time. Click here to download media assets In celebration, the platform is launching with special sign up promotions, newly announced bracelet events and weekly tournaments for Pennsylvania players, and daily satellites with buy-ins as low as $1 that provide an opportunity to win a seat at the crown jewel of poker tournaments, The Main Event in Las Vegas this fall.
- 07/15/2021
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Chef Gordon Ramsay Set To Debut Largest HELL'S KITCHEN Concept To Date At Harrah's Resort Southern California
- FUNNER, Calif., July 13, 2021 /PRNewswire/ -- Today, Harrah's Resort Southern California announced their partnership with celebrated multi-Michelin-starred chef and television personality Gordon Ramsay to launch a brand-new HELL'S KITCHEN restaurant, set to debut in Spring 2022.
- 07/13/2021
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The More It Drops, The More I Buy - Part II
- The More It Drops, The More I Buy - Part II
- 07/08/2021
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4 Top Stock Trades for Thursday: AMD, TTD, HD, CZR
- AMD, The Trade Desk, Home Depot and Caesars Entertainment were our top stock trades for Thursday. Here's how the charts are setting up now.
- 07/07/2021
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Caesars Palace Launches Multimillion-Dollar Renovations To Las Vegas Property
- Caesars Entertainment, Inc. (NASDAQ: CZR) announced its Caesars Palace resort is undergoing a multimillion-dollar renovation to the original main entrance, main casino and porte-cochère. What's Happening: The “main entrance to the property will be entirely rebuilt from the ground up resulting in an arrival experience fit for a Caesar” — complete with a 15-foot-tall statue of Augustus Caesar welcoming guests, according to a press statement released by the company.
- 07/06/2021
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Columbus Exposition and Racing Contracts With Caesars Entertainment to Develop Casino and Racetrack in Nebraska
- COLUMBUS, Neb., July 2, 2021 /PRNewswire/ -- Columbus Exposition and Racing (CER) and Caesars Entertainment, Inc. (NASDAQ: CZR) today announced CER's selection of Caesars Entertainment to build and operate a Harrah's casino and racetrack in Columbus, Nebraska.
- 07/02/2021
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Caesars Entertainment, Inc. to Report 2021 Second Quarter Results on August 3, 2021
- LAS VEGAS and RENO, Nev., July 1, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the second quarter 2021 after the market closes on Tuesday, August 3, 2021.
- 07/01/2021
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Why sports betting could see a surge in growth over the next 10 years
- Tuna Amobi, CFRA Analyst, joins Yahoo Finance's Kristin Myers and Alexis Christoforous to discuss the legalization of sports betting and the outlook for growth over the next 10 years. Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 06/27/2021
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Jefferies Says Jump On the Weakness in Three Top Gaming Stocks and Buy Now
- With the explosion of gambling legalization across the country over the last few years, it was no surprise that investors bid up the stocks.
- 06/25/2021
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Horseshoe Hammond Remains Part Of Caesars Entertainment
- HAMMOND, Ind., June 24, 2021 /PRNewswire/ -- Today, the Indiana Gaming Commission (IGC) amended its order requiring Caesars Entertainment, Inc (NASDAQ: CZR) ("Caesars" or "the Company") to sell a third casino asset in the state.
- 06/24/2021
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5 Resort and Casino Stocks Broadly Owned by Gurus
- In light of major resort and casino destination Las Vegas opening on Thursday a brand new megaresort on the Strip, five resort and casino stocks broadly owned by gurus as of the March-quarter filing are Las Vegas Sands Corp. ( LVS , Financial), MGM Resorts International ( MGM , Financial), Caesars Entertainment Inc. ( CZR , Financial), Red Rock Resorts Inc. ( RRR , Financial) and Wynn Resorts Ltd. ( WYNN , Financial) according to the Aggregated Portfolio of Gurus, a Premium feature of GuruFocus.
- 06/24/2021
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Caesars Entertainment, Inc. Announces Mandatory Conversion of 5.00% Convertible Senior Notes Due 2024
- LAS VEGAS and RENO, Nev., June 21, 2021 /PRNewswire/ -- Caesars Entertainment, Inc., (NASDAQ: CZR) ("Caesars," "CZR," or "the Company") today announced that it has delivered a notice of mandatory conversion (the "Notice") to the trustee of the 5.00% convertible senior notes due 2024 (the "Notes") issued by Caesars Holdings, Inc. (formerly known as Caesars Entertainment Corporation), a wholly-owned subsidiary of the Company ("Holdings").
- 06/21/2021
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Amalfi by Bobby Flay at Caesars Palace Celebrates Highly-Anticipated Grand Opening
- LAS VEGAS, June 21, 2021 /PRNewswire/ -- On Friday, June 18, Amalfi by Bobby Flay at Caesars Palace hosted its highly-anticipated grand opening event, welcoming guests to the Amalfi Coast-inspired destination. To commemorate the occasion, award-winning chef Bobby Flay was joined by Sean McBurney, Regional President of Caesars Entertainment, as well as Caesars' CEO Tom Reeg and President and COO Anthony Carano, and business partner Laurence Kretchmer as they toasted with Amalfi Spritzes to the opening of the latest culinary destination.
- 06/21/2021
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The Las Vegas Strip Is Back and May Be Better Than Ever
- The Las Vegas Strip could be in for a great year.
- 06/18/2021
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2021 World Series of Poker Daily Event Schedule Finalized
- LAS VEGAS, June 15, 2021 /PRNewswire/ -- The World Series of Poker® (WSOP®) – the richest, most prestigious and longest-running poker series – has finalized its daily event schedule for 2021. Doors for the event open on Thursday, Sept.
- 06/15/2021
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OneRepublic to Perform at Zappos Theater at Planet Hollywood Resort & Casino for Exclusive Two-Night Engagement September 4 and 5, 2021
- LAS VEGAS, June 14, 2021 /PRNewswire/ -- GRAMMY nominated and multi-platinum-selling band OneRepublic is taking over Zappos Theater at Planet Hollywood Resort & Casino this Labor Day Weekend with an exclusive two-night engagement Saturday, Sept. 4 and Sunday, Sept.
- 06/14/2021
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I Bought A Piece Of Caesars Palace With VICI Properties
- I Bought A Piece Of Caesars Palace With VICI Properties
- 06/13/2021
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Harrah's Las Vegas Unveils a $200 Million Renovation, Including Enhanced Accommodations, Casino Floor and More
- LAS VEGAS, June 11, 2021 /PRNewswire/ -- Following a completed investment of more than $200 million, Harrah's Las Vegas now features 2,542 redesigned guest rooms, a complete casino floor remodel and two new LED marquees at the north and south entrances. Guests can also enjoy a variety of hotel, dining and entertainment offerings including The Spa at Harrah's Las Vegas, PizzaCake by Buddy Valastro and Donny Osmond's first-ever solo residency.
- 06/11/2021
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Caesars Entertainment, Inc. Completes Previously Announced Sale of Tropicana Evansville to Gaming & Leisure Properties and Bally's Corporation
- LAS VEGAS and RENO, Nev., June 4, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") today announced the closing of the sale of Tropicana Evansville to Gaming & Leisure Properties and Bally's Corporation for aggregate consideration of $480 million in cash, subject to a customary working capital adjustment.
- 06/04/2021
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Vegas Hits Milestone - 2 Stocks Remain Standouts
- Vegas Hits Milestone - 2 Stocks Remain Standouts
- 06/03/2021
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What to watch in casino stocks amid the reopening
- CNBC's "Power Lunch" team discusses the return to casinos with David Katz of Jefferies.
- 06/01/2021
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An Industry First, William Hill Sportsbook Officially Opens at Capital One Arena in Washington, D.C.
- WASHINGTON, May 26, 2021 /PRNewswire/ -- Marking a major milestone in American sports history, the William Hill Sportsbook at Monumental Sports & Entertainment's Capital One Arena officially opened today, becoming the first ever sports betting venue to open within a U.S. professional sports facility. William Hill, a part of Caesars Entertainment, and Monumental Sports & Entertainment announced a groundbreaking partnership deal in October 2019 to open the first-of-its-kind, marquee destination for local, regional and global visitors.
- 05/26/2021
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Big bets on sports gambling today, as DraftKings surges
- Shares of DraftKings make their biggest move since March. With CNBC's Courtney Reagan and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Nadine Terman.
- 05/24/2021
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Is Las Vegas Back? Time to Place Your Bets
- Gamblers are coming back, and if conventions return soon, it could be a boom time for gambling stocks.
- 05/22/2021
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Bacchanal Buffet At Caesars Palace Is Now Open
- LAS VEGAS, May 21, 2021 /PRNewswire/ -- On Thursday, May 20, Bacchanal Buffet at Caesars Palace hosted a highly-anticipated event as it reopened its doors for the first time in over a year. The afternoon began with a stunning dance number filled with glitz, glamour and chef coats as guests were invited to experience the newly renovated space.
- 05/21/2021
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Julian Robertson's Top 1st-Quarter Buys
- Julian Robertson (Trades, Portfolio)'s Tiger Management recently disclosed its portfolio updates for the first quarter of 2021, which ended on March 31.
- 05/18/2021
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4 Stocks To Watch, According To Benzinga's Jason Raznick
- Jason Raznick, the founder and CEO of Benzinga, made an appearance on Benzinga's YouTube show "PreMarket Prep" Friday to discuss the opportunities he sees in the market right now. Voyager Digital Ltd (OTCQB:VYGVF) could see some bids, Raznick said.
- 05/14/2021
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Caesars Entertainment Returns to Full Capacity Gaming Floors at all Las Vegas Resorts
- LAS VEGAS, May 12, 2021 /PRNewswire/ -- Caesars Entertainment announced today that the Nevada Gaming Control Board has approved a return to full occupancy, without social distancing, on the casino floors at all nine of the company's Las Vegas properties. The change comes through a Nevada Gaming Control Board waiver recognizing that Caesars Entertainment has taken measurable and material steps to vaccinate its workforce.
- 05/12/2021
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SuperDraft Announces Plans to Expand Into iGaming With Game Play Network
- SALEM, N.H. & LOS ANGELES--(BUSINESS WIRE)--SuperDraft expands into iGaming with Game Play Network's patented technology platform, which enables customers to play casino games for real money.
- 05/11/2021
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Caesars Entertainment: Most Likely To Succeed Among All Single Wallet Sports Betting Peers
- The CZR single wallet strategy is poised to recover more revenue faster than peers due to its scale.
- 05/11/2021
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Why Online Gambling Stocks Are Falling Off a Cliff
- This industry has gone out of favor quickly.
- 05/09/2021
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Why Caesars Entertainment's Shares Popped 10.4% on Wednesday
- Las Vegas is back.
- 05/05/2021
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Nasdaq Bounces as Activision Levels Up, Caesars Sees Casino Boom Ahead
- Here's what two strong businesses had to say about their futures.
- 05/05/2021
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CZR Stock: From $95.53 To $103 (7.82% Increase) Pre-Market Explanation
- The stock price of Caesars Entertainment Inc (NASDAQ: CZR) increased from $95.53 to $103 (up 7.82%) pre-market. This is why it happened.
- 05/05/2021
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Caesars Entertainment's (CZR) CEO Tom Reeg on Q1 2021 Results - Earnings Call Transcript
- Caesars Entertainment's (CZR) CEO Tom Reeg on Q1 2021 Results - Earnings Call Transcript
- 05/04/2021
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Caesars Entertainment (CZR) Reports Q1 Loss, Tops Revenue Estimates
- Caesars Entertainment (CZR) delivered earnings and revenue surprises of -21.89% and 2.34%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 05/04/2021
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Earnings Results: Caesars loses more than $400 million in a quarter, and that is an improvement
- Caesars Entertainment Inc. continued to battle its way back from the COVID-19 pandemic at the start of 2021, pushing quarterly losses under half a billion dollars after topping that level in the two previous quarters.
- 05/04/2021
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Caesars Entertainment, Inc. Reports First Quarter 2021 Results
- LAS VEGAS and RENO, Nev., May 4, 2021 /PRNewswire/ -- Caesars Entertainment, Inc., (NASDAQ: CZR) ("Caesars," "CZR," "CEI" or "the Company") today reported operating results for the first quarter ended March 31, 2021.
- 05/04/2021
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Why Earnings Season Could Be Great for Caesars Entertainment (CZR)
- Caesars Entertainment (CZR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 05/03/2021
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Sports betting stocks get ready for the Kentucky Derby
- How to trade the sports betting stocks. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Steve Grasso, James McDonald and Nadine Terman.
- 04/30/2021
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CZR Stock: $120 Target (Up From $100) By Truist
- The shares of Caesars Entertainment Inc (NASDAQ: CZR) have received a price target increase from $100 to $120 by Truist. These are the details.
- 04/27/2021
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Nevada Gaming Revenue Soars 72% to $1.1 Billion in March
- It was even better than the casinos did in the year before the pandemic.
- 04/27/2021
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Sports Betting Stocks: The Bubble Phase May Be Over - It's Time To Pick The Long-Term Winners
- This is a sector where forecasts of future revenues run the gamut from a realistic GGR of $35b to an off the wall GGR of $163b.
- 04/26/2021
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Caesars Entertainment Announces Completion of William Hill PLC Acquisition
- LAS VEGAS and RENO, Nev., April 22, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars" or "the Company") today announced that it has completed its acquisition of William Hill PLC (LSE: WMH) ("William Hill") for approximately $4.0 billion.
- 04/22/2021
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Caesars Entertainment Invests $400M For Renovating Atlantic City Casino Properties
- Caesars Entertainment Inc. (NYSE: CZR) is investing $400 million to upgrade and renovate three of its casino destinations in Atlantic City, New Jersey. What Happened: The company owns and operates Caesars, Harrah's Resort and Tropicana Atlantic City.
- 04/21/2021
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Caesars to invest $400 million in its Atlantic City casinos by 2023
- Caesars Entertainment Inc. said Wednesday it plans spend $400 million by 2023 on its "master plan investment" in Atlantic City, New Jersey, where it owns the Caesars, Harrah's Resort and Tropicana Atlantic City casinos. The stock rose 2.9% in afternoon trading.
- 04/21/2021
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Caesars Entertainment to Invest $400 Million Into Its Atlantic City Resorts By 2023
- ATLANTIC CITY, N.J., April 21, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. ("Caesars" or the "Company") shared exciting details today on its $400 million master plan investment in Atlantic City where it owns and operates three of the region's preeminent casino destinations – Caesars, Harrah's Resort and Tropicana Atlantic City.
- 04/21/2021
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Caesars Shares Climb as William Hill Deal Clears Hurdle
- A U.K. court ruling has cleared the way for Caesars Entertainment to finalize its acquisition of bookmaker William Hill, giving the U.S. gambling company control of a key strategic piece.
- 04/20/2021
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Will the NFL Make These 3 Companies Stock Market Winners?
- Markets were mixed on Friday as investors placed their bets on some gambling stocks.
- 04/16/2021
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NFL Signs Deals With Caesars, DraftKings, FanDuel For Official Partnerships
- Three sports betting companies were announced as official sports betting partners with the National Football League after market close Thursday. What Happened: The NFL announced Caesars Entertainment Inc (NASDAQ: CZR), DraftKings Inc (NASDAQ: DKNG) and FanDuel as “official sports betting partners” of the league.
- 04/15/2021
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NFL picks Caesars, FanDuel, DraftKings for first wave of sports betting partnerships
- The agreements are worth nearly $1 billion combined for five years, with league options after the third and fourth year.
- 04/15/2021
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NFL announces its first-ever U.S. sportsbook partnerships — with Caesars, DraftKings and FanDuel
- As part of the deal, the sportsbooks will integrate their betting content into NFL media, such as the league's website, app and the popular NFL Redzone show.
- 04/15/2021
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NFL strikes new betting deals with DraftKings, Caesars, and Fanduel
- Contessa Brewer joins 'Closing Bell' to report the NFL has a new betting deal with three companies: DraftKings, Caesars, and Fanduel.
- 04/15/2021
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Caesars Entertainment Expands Partnership with National Football League
- LAS VEGAS and RENO, Nev., April 15, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars" or "the Company") will become an Official Sports Betting Partner of the National Football League as part of an agreement that extends the groundbreaking partnership in which the Company became the League's first-ever casino sponsor.
- 04/15/2021
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This 1 Consumer Discretionary Stock Could Beat Earnings: Why It Should Be on Your Radar
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 04/15/2021
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Quiet Week, S&P 500 Sets Record Highs Anyway
- It was a quiet week on Wall Street without much in the way of data releases or earnings updates. Stocks quietly rallied week-over-week. The Nasdaq was the best-performing major index, adding 2.7% at the time of this writing (Friday afternoon, about 3pm EDT). The S&P 500 (SP500) closed at a record level twice and stands to end the week 2.3% higher. Dow Industrials (DJI) are looking at weekly gains of about 1.5. Only the Russell 2000 (RTY) is down among major indexes, but only by about 0.4%.
- 04/09/2021
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The Best Bets in Online Gambling
- Put the odds in your favor in the online gambling boom.
- 04/09/2021
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Caesars Entertainment CEO says business convention outlook for Las Vegas looks 'extremely strong'
- "Business groups are wanting to come back. We've just got to make sure we can accommodate them," Caesars Entertainment CEO Tom Reeg.
- 04/08/2021
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They're starting to come out in numbers, Caesars Entertainment CEO says
- Caesars Entertainment CEO Tom Reeg sits down with CNBC's Contessa Brewer to discuss Las Vegas' bet that conventions and tourism will return to the city. He also talks about how regional casinos are seeing record breaking occupancy numbers.
- 04/08/2021
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Caesars Entertainment Stock Price: $113 Target (Up From $92) By Morgan Stanley
- The shares of Caesars Entertainment Inc (NASDAQ: CZR) have received a price target increase from $92 to $113 by Morgan Stanley. These are the details.
- 04/07/2021
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New York approves legal online sports betting
- Gov. Cuomo shared few details on how it would work, but in the past he has said he wants to run the state's sports betting industry through the New York Lottery
- 04/06/2021
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MGM Resorts International and Caesars Entertainment Stocks Upgrade: What You Need To Know
- The Las Vegas gaming market seems to be delivering a faster- and stronger-than-expected recovery, with “especially positive booking trends," according to Morgan Stanley. The Gaming Market Analyst: Thomas Allen upgraded the ratings for MGM Resorts International (NYSE: MGM) and Caesars Entertainment Inc (NASDAQ: CZR) to Overweight, while raising the price targets from $34 to $45 and from $92 to $113, respectively.
- 04/05/2021
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7 Gambling Stocks That Are Expecting a Reopening Boost
- These gambling stocks have done well to weather the Covid-19 storm and are positioned to perform incredibly in a post-pandemic world. The post 7 Gambling Stocks That Are Expecting a Reopening Boost appeared first on InvestorPlace.
- 03/30/2021
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Score Media and Caesars Entertainment To Provide Sports Betting In Illinois
- Score Media and Gaming Inc's (NASDAQ:SCR) mobile sportsbook app, theScore Bet, will be available in Illinois later this year, the company announced Monday. What Happened: Under a ten-year agreement with Caesars Entertainment Inc's (NASDAQ:CZR) Harrah's Joliet Hotel & Casino, Score Media will launch its sports betting app in Illinois in the second quarter of 2021.
- 03/29/2021
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Penn & Teller Return To Rio All-Suite Hotel & Casino Beginning April 22, 2021
- LAS VEGAS, March 29, 2021 /PRNewswire/ -- Penn & Teller announced today they will return to Rio All-Suite Hotel & Casino on Thursday, April 22 in their namesake Penn & Teller Theater. The show will feature all-new content and magic as well as selections from Penn & Teller's extensive catalog of fan favorites.
- 03/29/2021
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Online Sports Betting Is On Fire: Grab These Top Stocks to Buy Now
- Although it was carried on across the United States every single day of the year, sports betting was only legal in Nevada and Delaware.
- 03/29/2021
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7 Stocks To Buy Right Now Before Warm Weather Hits
- The rest of 2021 could bring more bullish moves in the markets. And with warm weather approaching, these are the top stocks to buy right now.
- 03/23/2021
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7 Sin Stocks That You're Better off To Just Say ‘No'
- With these previously oversold sin stocks now overbought, what's the best move? It's time to quit them, cold turkey.
- 03/23/2021
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4 Stocks Join the S&P 500
- Why becoming part of the S&P 500 is a big deal.
- 03/19/2021
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The Era of Eye-Popping Comps
- We're now seeing some of the gaudiest one-year comps in generations, especially in those industries hardest-hit by "shelter in place" initiatives.
- 03/19/2021
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Vegas Ready To Recover From Pandemic: Now It's A Stock Picker's Game
- Vegas Ready To Recover From Pandemic: Now It's A Stock Picker's Game
- 03/18/2021
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Why Caesars Entertainment's Stock is Down During Today's Session
- Caesars Entertainment's (NASDAQ:CZR) stock has been falling Tuesday, down 5.08% to a price of $96.15. The stock's volume is currently 1.37 million, which is roughly 60.68% of its recent 30-day volume average of 2.26 million.
- 03/16/2021
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Caesars, MGM, and Wynn Perk Up as Las Vegas Returns to 50% Capacity
- Enthusiastic gambler response foreshadows a good second half of 2021 for casinos.
- 03/16/2021
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S&P 500 bets on Penn National Gaming and Caesar's in index reshuffle
- Penn National Gaming Inc. PENN will join the S&P 500 index SPX along with three other companies, S&P Indices announced Friday. Penn, which has seen its stock rise more than 700% in the past year amid further legalization of sports betting and its acquisition of popular sports website Barstool, will join the index along with another gambling concern, Caesars Entertainment Inc. CZR NXP Semiconductors NV NXPI will replace Flowserve Corp. FLS in the index, with Flowserve dropping down to the S&P MidCap 400.
- 03/12/2021
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4 Casino Stocks Gambling on a Stir-Crazy Public
- Sports betting optimism has kept casino stocks going — but pent-up demand offers another near-term catalyst. The post 4 Casino Stocks Gambling on a Stir-Crazy Public appeared first on InvestorPlace.
- 03/10/2021
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Are There Too Many Casinos in Las Vegas?
- The industry may fail to bounce back until demand returns, which could be a very long time from now.
- 03/10/2021
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FuboTV Shares Pop On Caesars Partnership, Access To Additional States For Sports Betting
- Sports first streaming company fuboTV shared more news on its sports betting aspirations with a new partnership announced after market close Wednesday. What Happened: On Tuesday, fuboTV Inc. (NYSE: FUBO) reported fourth-quarter earnings and highlighted its plans to launch sports betting by the fourth quarter of fiscal 2021.
- 03/04/2021
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Why Caesars Entertainment Shares Popped 10.9% on Friday
- The second half of 2021 could be huge for casino stocks.
- 02/26/2021
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Caesars CEO Sees Robust Casino Rebound in the Offing. Shares Are Surging.
- Shares of casino operator Caesars Entertainment were up 10% Friday as the company's top executives painted an encouraging picture of improving business conditions.
- 02/26/2021
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Caesars Entertainment, Inc. (CZR) CEO Tom Reeg on Q4 2020 Results - Earnings Call Transcript
- Caesars Entertainment, Inc. (CZR) CEO Tom Reeg on Q4 2020 Results - Earnings Call Transcript
- 02/25/2021
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Caesars Entertainment (CZR) Reports Q4 Loss, Misses Revenue Estimates
- Caesars Entertainment (CZR) delivered earnings and revenue surprises of 3.95% and -8.94%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/25/2021
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Texas State Representative Introduces Sports Betting Legalization Bill
- DraftKings, Penn, and others could benefit, but Lone Star legalization may face an uphill battle.
- 02/23/2021
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Jefferies Top Growth Stocks to Buy Include 2 Red-Hot Sports Betting Winners
- Increasingly, the Wall Street firms we cover are starting to agree that, while the future is still bright for the U.S.
- 02/22/2021
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Could Caesars Be a Millionaire Maker Stock?
- Caesars is a gamble for any investor.
- 02/20/2021
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9 Sports and Entertainment Stocks to Consider as Covid Numbers Drop
- With novel coronavirus cases declining, if you wish to wager on a recovery, you have a possible upside opportunity with sports and entertainment stocks. The post 9 Sports and Entertainment Stocks to Consider as Covid Numbers Drop appeared first on InvestorPlace.
- 02/18/2021
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Digital Gaming and Fantasy Sports Are Huge Winners: 3 Top Stocks to Buy Now
- There was a time in the not too distant past when the major professional sports leagues avoided gambling like the plague.
- 02/10/2021
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How this investor is playing emerging markets
- CNBC's Brian Sullivan breaks down markets with Sandy Villere of the Villere Balanced Fund and Jason Brady of Thornburg Investment Management. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
- 02/03/2021
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5 Casino Stocks With Winning Hands To Bet On In 2021
- Resilient during the pandemic, these 5 casino stocks stand to win big as iGaming and sports betting launches from coast-to-coast. The post 5 Casino Stocks With Winning Hands To Bet On In 2021 appeared first on InvestorPlace.
- 01/28/2021
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Caesars: SportsDraft Deal Completes Single Wallet Strategy
- Caesars: SportsDraft Deal Completes Single Wallet Strategy
- 01/27/2021
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Caesars Entertainment Invests in a Fantasy Sports Platform, With an Option to Acquire
- The platform, SuperDraft, currently operates in 35 states.
- 01/25/2021
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How to Prepare Your Portfolio for Higher Interest Rates
- Review your portfolio now for opportunities and risks you might face if rates go up.
- 01/20/2021
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8 Sports Betting Stocks Ready for Sports Resurgence
- With sports returning to life, the growth of sports betting stocks proves that live sports is an economic and entertainment proposition. The post 8 Sports Betting Stocks Ready for Sports Resurgence appeared first on InvestorPlace.
- 01/19/2021
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Why KeyBanc Is Bullish On These 4 Casino Stocks
- A KeyBanc analyst has initiated coverage on seven companies in the sports betting and casino space, offering a more conservative view of the total addressable market size opportunity. 4 Gaming Picks: KeyBanc analyst Brett Andress named four stocks in the gaming space that he said are attractively priced:
- 01/14/2021
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Caesars Entertainment, Inc. to Report 2020 Fourth Quarter and Full-Year Results on February 25, 2021
- RENO, Nev. and LAS VEGAS, Jan. 14, 2021 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the fourth quarter and full-year 2020 after the market closes on Thursday, February 25, 2021. The company will also host a conference call on February...
- 01/14/2021
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Apache, Caesars, GM, Nordstrom, Shopify and More Thursday Afternoon Analyst Calls
- With the trading day about half over, the broad markets were inching higher on Thursday.
- 01/14/2021
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Caesars Entertainment: Make A Bet
- Though Caesars Entertainment had been laid low by COVID-19, its occupancy rate has clawed back to 60% as of Q3 2020. More than 20 U.S. states now offer sports betting, and 22 more are opening up to it. Caesars seems all set to cash in on this with its William Hill.
- 01/11/2021
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New York Gov. Has Changed His Tune on Online Sports Betting. These Stocks Jumped.
- New York Gov. Andrew Cuomo delivered a big win for sports betting firms Wednesday, when he announced that he now supports legislation to make online sports betting legal throughout the state. Casino stocks and online sports betting players popped on the news.
- 01/06/2021
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Caesars: Trading Below Market Value Of Underlying Real Estate
- CZR's balance sheet is extremely misleading, with a $20 billion understatement of underlying real estate value. NAV is $83.15 per share upon realization of revenue and cost synergies from the Eldorado Caesars merger and William Hill acquisition.
- 01/06/2021
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Sports betting stocks jump as New York Gov. Cuomo says he supports online sports gambling
- Gov. Cuomo to embrace online betting --- says New York could be 'largest sports wagering market in the United States'
- 01/06/2021
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7 Hot Stocks to Buy Now Before They Take Off
- Supporting the case for being constructive on stocks in 2021is the sheer depth of where hot stocks hail from. Last year, the technology and consumer discretionary sectors were the two largest contributors to S&P 500 upside – themes that could remain in place this year as growth stocks remain in style and as, hopefully, the economy reopens.
- 01/06/2021
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Can This Casino Stock Bounce Back in 2021?
- Caesars Entertainment, Inc. (NASDAQ:CZR), formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company based in Reno, Nevada.
- 01/04/2021
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Are Options Traders Betting on a Big Move in Caesars Entertainment (CZR) Stock?
- Investors need to pay close attention to Caesars Entertainment (CZR) stock based on the movements in the options market lately.
- 12/30/2020
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Online Gambling Caught Fire in 2020
- Casinos were shut down for part of the year but online gambling was the real focus for investors.
- 12/29/2020
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Caesars Entertainment, Inc. Receives HSR Clearance for Proposed Combination with William Hill PLC (the "proposed combination")
- RENO, Nev. and LAS VEGAS, Dec. 28, 2020 /PRNewswire/ -- Caesars Entertainment, Inc., (NASDAQ: CZR) ("Caesars," "CZR," "CEI" or "the Company") announces the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act") relating to the...
- 12/28/2020
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Caesars Entertainment, Inc. Enters Agreement to Divest Caesars Southern Indiana to the Eastern Band of Cherokee Indians
- RENO, Nev. and LAS VEGAS, Dec. 24, 2020 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars" or "CZR") today announced a definitive agreement to sell the operations of Caesars Southern Indiana to the Eastern Band of Cherokee Indians ("EBCI") for $250 million, subject to...
- 12/24/2020
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All I Want For Christmas Are A Few Good REITs
- All I Want For Christmas Are A Few Good REITs
- 12/24/2020
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Caesars Entertainment, Inc. Completes Previously Announced Sale of Eldorado Resort Casino Shreveport to Bally's Corporation
- RENO, Nev. and LAS VEGAS, Dec. 23, 2020 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars" or "CZR") today announced the closing of the sale of Eldorado Resort Casino Shreveport to Bally's Corporation for $140 million in net proceeds, subject to a customary working...
- 12/23/2020
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Caesars Entertainment Gives Back to Las Vegas Team Members Over the Holidays as Rio All-Suite Hotel & Casino Reopens
- LAS VEGAS, Dec. 22, 2020 /PRNewswire/ -- In advance of the Christmas holiday, Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars Entertainment," "Caesars" or "the Company") leaders and volunteers plan to distribute 20,000 frozen turkeys and festive cookies to Las Vegas Team Members in a...
- 12/22/2020
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Investors May Get 2 Chances to Bet on Golden Nugget Casino
- But what are the odds both investments will pay off?
- 12/22/2020
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5 Sports Wagering Stocks to Bet on Now
- Additionally, three states – Louisiana, Maryland and South Dakota – signed off on sports betting, pushing the number of states where that activity is permitted but not yet operational to six. There are 19 states plus Washington, D.C.
- 12/10/2020
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Where Will Caesars Entertainment Be in 5 Years?
- If all goes well, the next five years might be a little less exciting than the last five years for Caesars shareholders.
- 12/09/2020
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Online poker companies continue to make more money than ever during the pandemic
- New Jersey hit a monthly record of $93.5 million in October revenue from online poker and online casinos, up 106.7% from October 2019.
- 12/04/2020
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Why Casino Stocks Are Trading Higher Today
- The global pandemic has been devastating to casino stocks in 2020 but optimism surrounding a COVID-19 vaccine has lifted a number of casino stocks on Tuesday. MGM Resorts International (NYSE: MGM) is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market.
- 12/01/2020
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Caesars Entertainment Gets Downgrade On Valuation, Short-Term Risks
- Caesars Entertainment Inc (NASDAQ: CZR) shares are up 109% over the last six months, which has led to a downgrade on valuation and some risks ahead. The Caesars Analyst: Morgan Stanley analyst Thomas Allen downgraded Caesars from Overweight to Equal-Weight and kept a price target of $67.
- 11/25/2020
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Place Your Bets on Black with These 5 Gambling Stocks
- After a year of unexpected success in the gaming sector, investors should keep these five gambling stocks on their radars. The post Place Your Bets on Black with These 5 Gambling Stocks appeared first on InvestorPlace.
- 11/25/2020
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Las Vegas Casinos Face Tighter Capacity Limits in New Threat to Recovery
- Nevada cuts maximum occupancy limits as the number of coronavirus cases rises.
- 11/23/2020
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Caesars Entertainment and VICI Properties Complete Sale of Bally's Atlantic City
- LAS VEGAS and NEW YORK, Nov. 18, 2020 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars Entertainment" or "Caesars") and VICI Properties Inc. (NYSE:VICI) ("VICI Properties" or "VICI") today announced they have completed the previously disclosed transaction to sell...
- 11/18/2020
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7 Sin Stocks That May Face Coronavirus Headwinds
- Given the narrative of stress release, sin stocks should perform well in this pandemic. But here are names that might struggle.
- 11/17/2020
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Top 10 Stocks Billionaire Daniel Loeb Just Bought
- In this article we'll take a closer look at the Top 10 Stocks Billionaire Daniel Loeb Just Bought. If you're impatient to see the pinnacle of the list, you can skip ahead to the Top 5 Stocks Billionaire Daniel Loeb Just Bought .
- 11/16/2020
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Why Investors Are Rolling the Dice With Casinos Today
- Investors are betting today's vaccine news gives casinos a tangible path back to normalcy.
- 11/09/2020
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3 Best Entertainment Stocks to Buy Now
- Not all names have been crimped by COVID-19. In fact, some are benefiting from the unique situation.
- 11/09/2020
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4 Gambling Stocks as Pandemic-hit States Seek New Sources of Revenue
- Gambling stocks have been surprise winners in 2020. These four can keep gaining as U.S. states look for new sources of tax revenue.
- 11/06/2020
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Caesars Entertainment, Inc. (CZR) CEO Tom Reeg on Q3 2020 Results - Earnings Call Transcript
- Caesars Entertainment, Inc. (CZR) CEO Tom Reeg on Q3 2020 Results - Earnings Call Transcript
- 11/05/2020
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Market Outlook: The Important Post-Election Statement
- As we wait to find out who will take the White House, here are five key observations about the market's early reaction, relating to the hypergrowth themes of cannabis, solar, infrastructure, sports gambling and healthcare. The post Market Outlook: The Important Post-Election Statement appeared first on InvestorPlace.
- 11/04/2020
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Should You Buy Caesars Before There's a Coronavirus Vaccine?
- Investors need to weigh the company's upside potential once the novel coronavirus is conquered.
- 11/03/2020
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The Final Strip Resort to Reopen, The Cromwell Returns as First Adults-Only Hotel and Casino on Las Vegas Blvd.
- LAS VEGAS, Oct. 29, 2020 /PRNewswire/ -- In accordance with directives from Nevada Governor Steve Sisolak and the Nevada Gaming Control Board, Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars" or "the Company") has resumed hospitality and gaming operations at The Cromwell today, Oct....
- 10/29/2020
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FanDuel Scores a Big Sports Betting Win in Atlantic City
- New Jersey's largest sportsbook continues to expand on its leading position.
- 10/29/2020
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Twin River Acquires Tropicana Evansville Casino
- PROVIDENCE, R.I., Oct. 27, 2020 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) today announced that it has entered into an agreement to acquire the Tropicana Evansville casino operations from Caesars Entertainment, Inc. (NASDAQ: CZR) for $140 million. As a result of the...
- 10/27/2020
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Was The Smart Money Right About Embracing Caesars Entertainment, Inc. (CZR)?
- While the market driven by short-term sentiment influenced by the accommodative interest rate environment in the US, virus news and stimulus talks, many smart money investors are starting to get cautious towards the current bull run since March and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting 30,000 to generate strong returns. However, as we know, big investors usually buy stocks with strong fundamentals that can deliver gains both in bull and bear markets, which is why we believe we can profit from imitating them. In this article, we are going to take a look at the smart money sentiment surrounding Caesars Entertainment, Inc. (NASDAQ:CZR).
- 10/26/2020
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Eldorado Gold Co. (NYSE:EGO) to Post Q3 2020 Earnings of $0.32 Per Share, Cormark Forecasts
- Eldorado Gold Co. (NYSE:EGO) (TSE:ELD) – Stock analysts at Cormark lowered their Q3 2020 earnings per share (EPS) estimates for Eldorado Gold in a report issued on Monday, October 19th. Cormark analyst R. Gray now forecasts that the basic materials company will post earnings of $0.32 per share for the quarter, down from their prior […]
- 10/23/2020
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Best winter adventures in the UK: readers’ travel tips
- Swimming and bikepacking, walks and wildlife – and even some witchy social history – make for memorable cold-weather trips
- 10/22/2020
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GAN Launches Simulated Gaming for Agua Caliente Casinos in California
- GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading business-to-business supplier of internet gaming software-as-a-service solutions primari
- 10/22/2020
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Capri Holdings: Designer Fashion Brands Still Facing Headwinds (NYSE:CPRI)
- Capri Holdings has been challenged this year, with the pandemic disrupting the operating environment for its global retail stores network.
- 10/21/2020
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Eldorado Gold: Flying Under The Radar (NYSE:EGO)
- Mid-tier gold miner Eldorado Gold is set to report its Q3 earnings on Thursday, October 29. The company reported positive preliminary production results on October 13.
- 10/21/2020
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Eldorado Gold: Maybe Too High, Too Fast (NYSE:EGO)
- The third quarter of 2020 was 136,672 Au Oz, up 34.5% year over year and down 0.8%. On October 13, 2020, we learn that the Canadian foreign minister will meet with Prime Minister Kyriakos Mitsotakis to discuss Eldorado Gold.
- 10/16/2020
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Eldorado Gold: Further Upside Ahead (NYSE:EGO)
- Mid-tier gold miner Eldorado Gold is set to report its Q3 earnings on Thursday, Oct. 29.
- 10/15/2020
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Casino Pauma opens new Mexican restaurant Lindo Valle
- The new restaurant’s opening followed the closure of Casino Pauma’s buffet.
- 10/14/2020
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Nuova centrale Terna a Capri, inaugurazione con Conte - Terna
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Brokerages Anticipate Capri Holdings Ltd (NYSE:CPRI) Will Announce Quarterly Sales of $902.96 Million
- Wall Street brokerages expect that Capri Holdings Ltd (NYSE:CPRI) will report sales of $902.96 million for the current fiscal quarter, according to Zacks Investment Research. Six analysts have made estimates for Capri’s earnings, with the lowest sales estimate coming in at $865.00 million and the highest estimate coming in at $940.17 million. Capri posted sales […]
- 10/14/2020
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Comparing Caledonia Mining (NYSE:CMCL) & Eldorado Gold (NYSE:EGO)
- Caledonia Mining (NYSE:CMCL) and Eldorado Gold (NYSE:EGO) are both basic materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, dividends, risk, profitability and earnings. Valuation and Earnings This table compares Caledonia Mining and Eldorado Gold’s top-line revenue, earnings per […]
- 10/10/2020
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Denim Jeans Market to Reach $ 14.38 mn mn by 2024, BESTSELLER AS, Capri Holdings Ltd., H&M Group, and VF Corp., Emerge as a Key Contributers to Growth | Technavio
- Technavio has been monitoring the global denim jeans market and it is poised to grow by USD 14.38 mn during 2020-2024, progressing at a CAGR of over 5%...
- 10/09/2020
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Denim Jeans Market to Reach $ 14.38 mn mn by 2024, BESTSELLER AS, Capri Holdings Ltd., H&M Group, and VF Corp., Emerge as a Key Contributers to Growth | Technavio
- The Global Denim Jeans Market will grow by USD 14.38 mn during 2020-2024
- 10/09/2020
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The Coming Boost to Sports Media Stocks? (OTC: BTDG) (NYSE: NKE) (NASDAQ: CHDN) (NASDAQ: DKNG)
- Oct 07, 2020 (OTC PR WIRE via COMTEX) --
The Sports Media market is one of the most dynamic and chronically successful in the US economy and capital markets....
- 10/07/2020
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The Coming Boost to Sports Media Stocks? (OTC PINK: BTDG) (NYSE: NKE) (NASDAQ: CHDN) (NASDAQ: DKNG)
- Oct 07, 2020 (OTC PR WIRE via COMTEX) --
The Sports Media market is one of the most dynamic and chronically successful in the US economy and capital markets....
- 10/07/2020
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The Coming Boost to Sports Media Stocks? (NYSE: NKE) (NASDAQ: CHDN) (OTCMKTS: BTDG) (NASDAQ: DKNG)
- Oct 07, 2020 (OTC PR WIRE via COMTEX) --
The Sports Media market is one of the most dynamic and chronically successful in the US economy and capital markets....
- 10/07/2020
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30 UK cottages and campsites to book now for 2021
- With no one sure if trips abroad will be possible next year, UK places to stay in popular locations are already selling fast
- 10/03/2020
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Elton John voices support for face masks after being accused of breaking rules
- Singer responds after complaint filed over photos of him without face covering on Italian island of Capri
- 10/01/2020
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Tapestry vs Capri: Which Luxury Stock Has A Better Chance of Recovery?
- The COVID-19 pandemic has led to significant job losses and impacted consumer spending on several discretionary categories, including fashion and luxury
- 09/29/2020
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Mitsubishi UFJ Trust & Banking Corp Has $362,000 Holdings in Churchill Downs, Inc. (NASDAQ:CHDN)
- Mitsubishi UFJ Trust & Banking Corp raised its holdings in Churchill Downs, Inc. (NASDAQ:CHDN) by 41.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,721 shares of the company’s stock after acquiring an additional 800 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Churchill Downs were worth $362,000 […]
- 09/29/2020
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AQR Capital Management LLC Trims Position in Churchill Downs, Inc. (NASDAQ:CHDN)
- AQR Capital Management LLC cut its holdings in shares of Churchill Downs, Inc. (NASDAQ:CHDN) by 75.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,721 shares of the company’s stock after selling 35,690 shares during the period. AQR Capital Management LLC’s holdings in Churchill Downs […]
- 09/28/2020
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Truist Securiti Comments on Monarch Casino & Resort, Inc.’s Q1 2021 Earnings (NASDAQ:MCRI)
- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) – Investment analysts at Truist Securiti issued their Q1 2021 earnings estimates for Monarch Casino & Resort in a report issued on Thursday, September 24th. Truist Securiti analyst B. Jonas expects that the company will earn $0.24 per share for the quarter. Truist Securiti also issued estimates for Monarch […]
- 09/28/2020
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California State Teachers Retirement System Has $4.10 Million Stock Position in Capri Holdings Ltd (NYSE:CPRI)
- California State Teachers Retirement System decreased its stake in shares of Capri Holdings Ltd (NYSE:CPRI) by 0.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 262,541 shares of the company’s stock after selling 2,159 shares during the period. California State Teachers Retirement System’s holdings in Capri were worth $4,104,000 at the end […]
- 09/25/2020
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Churchill Downs, Inc. (NASDAQ:CHDN) Shares Sold by Private Advisor Group LLC
- Private Advisor Group LLC lessened its stake in shares of Churchill Downs, Inc. (NASDAQ:CHDN) by 83.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,767 shares of the company’s stock after selling 8,840 shares during the quarter. Private Advisor […]
- 09/23/2020
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It's Capri but without the Americans
- The island off southern Italy is open for the season, as it has been for about 2000 years, but the locals are missing its big-spending summer regulars.
- 09/23/2020
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INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Las Vegas Sands Corp. and Encourages Investors with Losses of $100,000 to Contact the Firm
- INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Las Vegas Sands Corp.
- 09/22/2020
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Eldorado Gold Sees Unusually Large Options Volume (NYSE:EGO)
- Eldorado Gold Corp (NYSE:EGO) (TSE:ELD) saw some unusual options trading activity on Friday. Investors purchased 6,363 call options on the stock. This is an increase of 140% compared to the typical volume of 2,651 call options. A number of hedge funds have recently modified their holdings of the business. Two Sigma Securities LLC acquired a […]
- 09/19/2020
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Churchill Downs, Inc. (NASDAQ:CHDN) Given Consensus Recommendation of “Buy” by Analysts
- Churchill Downs, Inc. (NASDAQ:CHDN) has been given a consensus recommendation of “Buy” by the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average […]
- 09/18/2020
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INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Las Vegas Sands Corp. and Encourages Investors with Losses of $100,000 to Contact the Firm
- INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Las Vegas Sands Corp.
- 09/18/2020
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Eldorado Gold: Undervalued With Production Upside (NYSE:EGO)
- Eldorado Gold is a mid-tier gold miner with a $1.9 billion market capitalization. Eldorado reported very strong Q2 2020 financial results, and Q3 should be even better with gold prices $200+ an ounce higher.
- 09/15/2020
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Casino Gaming Equipment Market- Roadmap for Recovery from COVID-19 | Expansion of Casinos to Boost the Market Growth | Technavio
- The Global Casino Gaming Equipment Market will grow by $ 43.3 bn during 2020-2024
- 09/12/2020
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Retailers are shutting stores amid COVID-19 but could be getting stronger in the process, says BMO
- Retailers are getting beaten up by the coronavirus pandemic but could also use the crisis as a chance to reorganize for growth
- 09/11/2020
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Versace Owner Capri Rises Steadily as Growth Expected to Return
- Versace Owner Capri Rises Steadily as Growth Expected to Return
- 09/10/2020
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10 of the UK’s best outdoor wellbeing retreats
- Mountain hikes, wild swims, forest baths or the crackle of a campfire … scenic breaks to recharge mind, body and soul
- 09/07/2020
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Tracking Carl Icahn's Portfolio - Q2 2020 Update
- Carl Icahn's 13F portfolio value increased from $18B to $19.72B this quarter. HP Inc.
- 08/27/2020
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Churchill Downs, Inc. (NASDAQ:CHDN) Receives $166.50 Consensus Target Price from Analysts
- Churchill Downs, Inc. (NASDAQ:CHDN) has been given an average rating of “Buy” by the six ratings firms that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month […]
- 08/27/2020
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GAN Announces New Tier One Client Churchill Downs in Multistate Roll-out of Real Money Internet Gambling
- GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions to th
- 08/27/2020
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Amalgamated Bank Lowers Position in Churchill Downs, Inc. (NASDAQ:CHDN)
- Amalgamated Bank lessened its stake in Churchill Downs, Inc. (NASDAQ:CHDN) by 3.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,393 shares of the company’s stock after selling 196 shares during the period. Amalgamated Bank’s holdings in Churchill Downs were […]
- 08/26/2020
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Charting a bullish technical tilt, S&P 500 breaks to record territory
- Technically speaking, the U.S. benchmarks’ already-bullish bigger-picture backdrop continues to strengthen, writes Michael Ashbaugh.
- 08/25/2020
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Penn National Gaming: Great Scale But Not As Good A Bull Case As Some Regional Peers
- Penn is a solid performer in the regional space but fully valued in our view because some of its peers have a better forward upside.
- 08/25/2020
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Eldorado Gold (TSE:ELD) Shares Cross Above 200 Day Moving Average of $12.37
- Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $12.37 and traded as high as $14.56. Eldorado Gold shares last traded at $14.36, with a volume of 470,740 shares changing hands. A number of equities […]
- 08/25/2020
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Synovus Financial Corp Grows Position in Churchill Downs, Inc. (NASDAQ:CHDN)
- Synovus Financial Corp increased its holdings in Churchill Downs, Inc. (NASDAQ:CHDN) by 41.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,791 shares of the company’s stock after acquiring an additional 1,408 shares during the quarter. Synovus Financial Corp’s holdings in Churchill […]
- 08/24/2020
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Wall Street Breakfast: The Week Ahead
- Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
- 08/23/2020
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Police shoot, kill Black man outside store in Louisiana
- The mother of a man shot to death by police in Louisiana says her son was intelligent, shy and had sought therapy for social anxiety
- 08/23/2020
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Stocks To Watch: Spotlight On Palo Alto Networks, Best Buy And Xpeng Motors
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 08/22/2020
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Principal Financial Group Inc. Has $17.62 Million Holdings in Capri Holdings Ltd (NYSE:CPRI)
- Principal Financial Group Inc. increased its position in shares of Capri Holdings Ltd (NYSE:CPRI) by 421.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,127,424 shares of the company’s stock after acquiring an additional 911,240 shares during the quarter. Principal Financial […]
- 08/22/2020
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Kentucky Derby Reverses Course, Will Run Without Fans
- LOUISVILLE, Ky. (AP) — Next month’s Kentucky Derby will run without fans at Churchill Downs. The historic track citied rises in COVID-19
- 08/21/2020
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Tracking George Soros's Portfolio - Q2 2020 Update
- Soros' 13F portfolio value increased from $1.98B to $4.48B this quarter. The number of positions increased from 118 to 141.
- 08/21/2020
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In Reversal, Kentucky Derby To Run Without Fans In Stands As Coronavirus Cases Spike
- They previously planned to allow 40% occupancy.
- 08/21/2020
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Newsletter: Building Boom, Stimulus Talks and a New High for Stocks
- Your daily economics newsletter from The Wall Street Journal.
- 08/19/2020
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William Hill Is a Giant in U.S. Sports Betting—yet Its Stock Is Cheap, Analyst Says
- Shares of (WMH) look very inexpensive because investors are giving the company no credit for its attractive U.S. sports betting franchise, according to an analyst’s note Tuesday. William Hill, a British betting and gambling company, has U.S.-listed shares (ticker: WIMHY), which were up 9%, or 65 cents, to $7.80 in early trading Tuesday. “William Hill boasts the leading U.S. sports betting market share, yet we see zero value priced in,” Jefferies analyst James Wheatcroft wrote in a client note titled “No. 1 in America Yet Zero Value Priced In.”
- 08/18/2020
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Outdoor Entertainment Returns To Atlantic City At Harrah's Resort With "Bayside Rock Live" Music Series
- Harrah's Resort Atlantic City announced today a unique entertainment concept called Bayside ROCK Live, a first-to-market, live outdoor entertainment experience in Atlantic City. This unique concept offers guests the opportunity to kick back, relax, and enjoy music – bayside – offering beats, bands, and brews in Atlantic City's beautiful Marina District.*
- 08/17/2020
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The New Caesars: Exclusive Q&A With CEO Tom Reeg Reinforces Our Bull Case
- CEO Reeg sets a clear path on key issues aimed at building CZR as the preemptive US regional gaming giant.
- 08/17/2020
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Ante Into These 7 Gambling Stocks
- At the onset of the pandemic, gambling stocks tumbled downward with some companies losing as much as 50% of their revenue. The industry saw some of its biggest losses in decades as empty casinos became commonplace.However, the dip in physical gambling was soon replaced by online gambling that emerged as the new face of the industry. Companies that once earned their revenue from casinos saw a major upside in online gambling. Many believe this sector will continue to thrive long after the pandemic as the potential for growth in this sector remains vast.Although gambling stocks -- just like the game -- remain largely speculative, the return of major sports in the coming months is likely to be a boon for gambling companies. Here are seven stocks that you should hold on to:InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 8 Cheap Stocks to Keep on Your Short List * Las Vegas Sands (NYSE:LVS) * MGM Resorts (NYSE:MGM) * Penn National Gaming (NASDAQ:PENN) * Wynn Resorts (NASDAQ:WYNN) * Caesars Entertainment (NASDAQ:CZR) * Boyd Gaming (NYSE:BYD) * Melco Resorts (NASDAQ:MLCO) Las Vegas Sands (LVS)Source: Andy Borysowski / Shutterstock.com Las Vegas Sands holds the title as one of the highest valued gambling stocks in the world, and with good reason. Before the pandemic took its toll on this prosperous industry, the company's global presence was a boon for its stock price.Las Vegas Sands' Q2 results were a dreary affair as casino closures led to a 14% decline in the company's revenue. However, it wasn't all bad news for the gaming company as earnings per share (EPS) improved by 39% during the year.Although the earnings report was mostly a mixed bag, investors remain fairly bullish on the future of the company. Las Vegas Sands earns a majority of revenue from Asia, which was among the first regions to show early signs of recovery. As businesses reopen and travel picks up, it is likely that this gambling stock will be back to its glory days. MGM Resorts (MGM)Source: Michael Neil Thomas / Shutterstock.com One of the biggest winners this earnings season was MGM, a gambling stock that has a major foothold in the U.S market. The company's healthy financial resilience was reflective in its earnings which boasted a $4.8 billion cash position and EPS of $1.52 per share loss, beating Wall Street estimates.Although losses were higher in a year over year comparison, the consensus on the report was mostly positive. Any doubts investors had on the viability of this investment were put to rest when Barry Diller announced a $1 billion investment (12% stake) in MGM Resorts. The news sent the company's stock price soaring by 14%. * The 10 Top Stocks to Buy and Hold Into 2021 MGM is a safe gambling stock for the long-haul. With high-profile gambling partnerships with the Denver Broncos and the National Baseball Association in the pipeline, there is a large potential for growth. Penn National Gaming (PENN)Source: Casimiro PT / Shutterstock.com A fan favorite gambling stock this season is Penn National Gaming. Although the company's earnings this quarter were seemingly weak with corona-related closures, resulting in a lot of red ink on the books, the future prospects for the company are where its strengths lie.Looking into the line of recovery, Penn's physical casinos and have reopened across the country and are delivering results as expected. With a presence in over 19 states, the company is hoping for a swift comeback in the coming months.The path to recovery will be bolstered by Penn's promising new partnership with sports media company, Barstool Sports. The company's core service will be featured on the new Barstool Sportsbook mobile app that will allow users to make bets online. According to the Motley Fool, nearly 62% of Barstool's users gamble on sports, resulting in 41 million new users for Penn National Gaming.While performance this quarter was anything but stellar, the future of this company is bright. With a multi-million dollar deal in the books and the reopening of physical casinos, we can expect some big thing from this gambling stock in the coming months. Wynn Resorts (WYNN)Source: Wangkun Jia / Shutterstock.com While Wynn Resorts can't match up to MGM's success, the company is still one to watch as the gambling stocks gets their groove back. Wynn reported quarterly earnings earlier this month and the results were dim as expected. Revenue plunged nearly 95% and loss per share stood at $6.14.The results rivaled those of its competitors after the industry saw a slow couple of months since the start of the year. However, Wynn's stock price took a turn for the better after the release of visa-related news of Macau. The gambling stock's price rallied 9.7% higher on Tuesday after the Chinese government announced that non-tourism visas to Macau from mainland China will be issued as well. * 7 Cheap Stocks to Snap Up Before the Market Realizes Their Worth This is great news for Wynn Resorts as it owns major properties in this region. The decision to ease visa restrictions will result in a greater influx of tourists in the coming months and will accelerate the company's path to recovery. Although gambling stocks have seen a lot of volatility this year, we recommend you stay invested in WYNN stock for its future returns. Caesars Entertainment (CZR)Source: Jason Patrick Ross/Shutterstock.com Caesars is a household name in the gambling industry. The company swung a loss in Q2 with a majority of the properties closed through this period. While the news was troubling, investors remain bullish on the future of the company.This optimism comes after Caesar's recent acquisition by Eldorado Resorts. The newly formed company will operate under Caesar's name but will be run by management at Eldorado. Experts believe that the merger will be fruitful in the long-term with Caesar's national presence and Eldorado's regional footprint. This could do wonders for the overall valuation of the company.Caesars Entertainment may seem like a risky proposition right now, but with a successful merger under its belt, the gambling stock is a worthy pursuit for the long haul. Boyd Gaming (BYD)Source: Ken Wolter / Shutterstock.com Much like the other gambling stocks on this list, Boyd Gaming reported a loss this quarter. According to Benzinga, the company's EPS was 98 cents which was lower than the estimated $1.51. Revenue was also lower by 75.2% in a year-over-year comparison at $209 million, but this was still higher than the estimated $131 million.While the numbers aren't encouraging, Boyd Gaming has put the worst behind them. The company took action in the early days of the pandemic to ensure its survival. It raised $600 million in cash with an 8.6% interest until 2025 while keeping its cash burn to a minimum.As casinos start opening their doors, Boyd Gaming is likely to see some big gains in its future. The company also launched iGaming, an online sports betting platform and as major sports like baseball and football return, online sports betting will be a major revenue generator for the company. * 7 Sin Stocks Whose Profits Are Too Irresistible to Pass Up I would recommend holding on to this gambling stock as casinos make their return in the coming months. While it is unlikely that we will see some immediate gains, the long-term prospects are definitely promising. Melco Resorts (MLCO)Source: Maridav/Shutterstock, Inc. Melco Resorts operates a majority of its casinos in Europe and Asia, specifically, the Macau region. The company is yet to report its Q2 results and analysts expect losses much like its competitors. Total revenue is expected to decline by 81.4% according to Yahoo Finance. Although Q2 results are likely to be dim, Melco has taken the necessary steps to ensure that it weathers the Covid-19 storm with ease. The company has improved its liquidity position with a $1.2 billion cash balance and selling its ownership stake in Crown.These indicators point towards a healthy financial future for the company despite the bleak Q2 predictions. The Chinese government has also eased visa restrictions in Macau to include tourist visas as well. This, coupled with the reopening of casinos in the region, will be a boon for Melco Resort's stock price in the coming months.Despite the gloom, this gambling stock is a worthy investment for its future potential.Divya Premkumar has a finance degree from the University of Houston, Texas. She is a financial writer and analyst who has written stories on various financial topics from investing to personal finance. Divya has been writing for InvestorPlace since 2020. As of this writing, Divya Premkumar did not own any of the aforementioned stocks. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Ante Into These 7 Gambling Stocks appeared first on InvestorPlace.
- 08/14/2020
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The Dow Just Had Its Best 100 Days Since 1933. Here’s What That Means.
- The market bottomed 100 trading days ago, and now the S&P 500 is waiting.
- 08/13/2020
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The S&P 500 Is Resting on the 100th Day of the Rally
- The S&P 500 bottomed 100 trading days ago—and it’s fitting that the index has decided to take a rest and contemplate just how far it has come. The S&P 500 has edged up 0.03% to 3,381.36 on Thursday, while the Dow Jones Industrial Average has declined 52.89 points, or 0.2%, and the Nasdaq Composite has gained 0.8%. Jobless claims, after all, fell below 1 million after 21 weeks above that number, something that should be considered good news for the economy but perhaps means less urgency to strike a stimulus deal.
- 08/13/2020
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Caesars Entertainment Announces The Launch Of The "Caesars For Danville" Referendum Campaign
- Caesars Entertainment, the largest casino and entertainment company in the U.S., announces the formal launch of the "Caesars For Danville" referendum campaign and committee, marking another step forward in the development of Caesars Virginia, a proposed $400 million premier resort and casino to open in 2023. Danville voters will have the opportunity to vote yes and bring 900 construction jobs, 1,300 operational jobs and over $34 million annually in additional gaming tax revenue to the city. The resort will include at least 300 hotel rooms, full-service spa, pool, world-class casino gaming floor, a 2,500-seat state-of-the-art live entertainment theater, 35,000 square feet of meeting and convention space, exciting bars and restaurants. Planning to break ground in late 2021, early 2022, the development will transform the old Dan River Mills Schoolfield site and create a tourism engine for Danville and the region. For more information on the project, please visit www.caesarsfordanville.com.
- 08/12/2020
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3 Gold Stocks to Buy Right Now | The Motley Fool
- With the price of gold north of $2,000 per ounce, gold is on investors' radars.
- 08/10/2020
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Capri (NYSE:CPRI) Trading 11.4% Higher Following Earnings Beat
- Capri Holdings Ltd (NYSE:CPRI)’s stock price traded up 11.4% during trading on Wednesday following a better than expected earnings announcement. The stock traded as high as $16.16 and last traded at $15.64, 6,596,242 shares traded hands during trading. An increase of 44% from the average session volume of 4,582,882 shares. The stock had previously closed […]
- 08/09/2020
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AngloGold Ashanti Limited (AU) CEO Kelvin Dushnisky on Q2 2020 Results - Earnings Call Transcript
- AngloGold Ashanti Limited (NYSE:AU) Q2 2020 Results Conference Call August 07, 2020 09:00 AM ET Company Participants Stewart Bailey - Investor Relations Kelvin Dushnisky - Chief Executive Officer Christine Ramon - Chief Financial Officer Ludwig Eybers - Chief Operating Officer Sicelo Ntuli - Chief Operating Officer Africa Graham Ehm - Executive Vice President of Group Planning and Technical Tim Thompson - Global Senior Vice President, Growth & Exploration Conference Call Participants Shilan Modi - UBS Marcelo Kim - Paulson & Co Patrick Mann - Bank of America Presentation Operator Good day, ladies and gentlemen, and welcome to AngloGold Ashanti’s 2020 Mid-Year Results Presentation.
- 08/08/2020
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Why Caesars Stock Is One of the Best Plays on a Return to Normalcy
- It might seem ludicrous to recommend a stock a day after it reported an 80% decline in revenue. But that's exactly what I'm doing with Caesars (NASDAQ:CZR) stock.Source: Jason Patrick Ross/Shutterstock.com The former Eldorado Resorts, whose acquisition of Caesars closed last month (Eldorado took the Caesars name), admittedly had an ugly second quarter. But, of course, that's no surprise. Due to the novel coronavirus pandemic, all of the company's properties closed at some point during Q2.There simply wasn't much Eldorado and Caesars could do.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHowever, at this point, what happened in the second quarter simply isn't all that material. And now, what matters for CZR stock is what should happen going forward. * 7 Travel Stocks to Buy Banking On Pent-Up Demand That said, what should happen going forward is normalcy. It may take some time -- even years. But CZR stock is cheap enough, and has big enough upside, that it should be more than worth the wait. And here's why. The Best 'Return to Normalcy' PlayThere is no shortage of cheap stocks in the market that are dealing with short-term pandemic effects. Airline stocks, as measured by the U.S. Global Jets ETF (NYSEARCA:JETS), are down by almost half so far in 2020. Cruise stocks have performed even worse, as Royal Caribbean (NYSE:RCL) is off 61% and Carnival (NYSE:CCL,NYSE:CUK) 75% year-to-date. Other travel and leisure names, along with many brick-and-mortar retailers too have taken a big hit.Those big losers would seem to be targets for value investors with a long-term focus. After all, this pandemic will end. One of the many biotechs targeting a vaccine will succeed, or a treatment will be developed. And when we finally, fortunately, reach that point, normalcy presumably will return and these battered stocks can rally.The problem for most of these names, however, is that there are long-term impacts as well. Carnival, for instance, this crisis likely will irreparably affect demand. Airlines face the likelihood of persistently lower business travel as Zoom Video Communications (NASDAQ:ZM) gains more and more adoption.Thus, the argument that pandemic losers will rally back to past highs falls flat. Simply put, it's not that simple.However, CZR stock lacks those concerns. Near-term losses are modest. In fact, the company's net loss for Q2 was just $100 million. And while the gaming industry likely will be changed, those changes aren't necessarily going to be negative. For Carnival, the likely end of buffets removes a key selling point. For Caesars, as chief executive officer Tom Reeg noted after Q1, the end of buffets represents a potential source of cost savings.Meanwhile, gaming demand will return. It's an activity that has lasted for centuries. And as a result, CZR stock looks like one of -- if not the -- best "return to normalcy" plays out there. The Best Gaming Play, TooTo be sure, that case for CZR stock could apply to many other U.S. casino operators as well. However, most of those operators have significantly outperformed CZR stock so far this year.Prior to the deal with Eldorado, Caesars stock had declined 8.7% YTD, while Boyd Gaming (NYSE:BYD) is down just 14.6% YTD. Churchill Downs (NASDAQ:CHDN), meanwhile, has rallied 18.3%. And Penn National (NASDAQ:PENN) has soared 90%, thanks to its acquisition of a stake in Barstool Sports.The rallies in CHDN and PENN, admittedly, are driven by optimism toward online gambling and sports betting. Those rallies make some sense, and I've recommended PENN since early April.However, Caesars has a big opportunity there as well. Obviously, the company has a significant presence in Reno and Las Vegas, where sports betting already is legalized. The company also has regional casinos, however, and a significant agreement with U.K. bookmaker William Hill (OTCMKTS:WIMHY).Investors are rightly focused on the long-term opportunity ahead of Penn and Churchill Downs. But, for some reason, they're ignoring the opportunity in front of Caesars. CZR Stock a Long-Term BuyI don't believe investors will ignore that opportunity forever, though. It's too large, and there's too much to recommend CZR stock even before normalcy arrives.After all, this had been the best stock in all of gaming before the pandemic arrived. Management is excellent. The acquisition has its risks, but the former Eldorado successfully integrated Isle of Capri and Tropicana Entertainment, acquired in 2017 and 2018, respectively.Admittedly, the stock may take some patience; we'll see how investors react to ugly Q2 numbers. But as normalcy returns to everyday life, it should do the same to CZR stock. With the stock down almost 50% from February highs, that suggests a reasonable path to a double. And those are the kind of returns worth waiting for.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. Click here to see what Matt has up his sleeve now. As of this writing, Matt did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Why Caesars Stock Is One of the Best Plays on a Return to Normalcy appeared first on InvestorPlace.
- 08/07/2020
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Exxon Baton Rouge refinery union to seek talks over 401K change: sources
- Exxon Baton Rouge refinery union to seek talks over 401K change: sources
- 08/07/2020
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Caesars Entertainment, Inc. Reports Second Quarter 2020 Results
- Caesars Entertainment, Inc., (NASDAQ: CZR) ("Caesars," "CZR," or "the Company"), formerly known as Eldorado Resorts, Inc., today reported operating results for the second quarter ended June 30, 2020.
- 08/06/2020
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BioLife Plasma Services Announces Opening of First Plasma Collection Center in Louisiana
- BioLife Plasma Services announces opening of first plasma collection center in Louisiana.
- 08/06/2020
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Versace parent Capri Holdings and Ralph Lauren slump as luxury sales takes a hit during pandemic
- Luxury fashion houses Capri Holdings and Ralph Lauren have seen declines as consumer attention turns elsewhere during the coronavirus pandemic.
- 08/05/2020
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Caesars Entertainment Earnings Preview
- On Thursday, August 06, Caesars Entertainment (NASDAQ: CZR) will release its latest earnings report. Benzinga's outlook for Caesars Entertainment is included in the following report.Earnings and Revenue Wall Street expects an EPS loss of $-1.01 and sales around $344.28 million. In the same quarter last year, Caesars Entertainment announced EPS of $-0.390 on revenue of $2.22 billion. If the company were to match the consensus estimate, earnings would be down 158.97%. Here's how the Caesars Entertainment's reported EPS has stacked up against analyst estimates in the past:Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019 EPS Estimate -0.18 -0.11 -0.05 -0.03 EPS Actual -0.30 -0.45 -0.53 -0.39 Revenue Estimate 2.04 B 2.13 B 2.21 B 2.20 B Revenue Actual 1.83 B 2.17 B 2.24 B 2.22 B Stock Performance Over the last 52-week period, shares are down 15.54%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.View more earnings on CZRDon't be surprised to see the stock move on comments made during its conference call. Caesars Entertainment is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://engage.vevent.com/index.jsp?eid=5827&seid=123See more from Benzinga * Stocks That Hit 52-Week Highs On Tuesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/05/2020
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Buy Caesars Entertainment Stock for a New Casino Behemoth
- It's the right to time to take another look at CZR stock after Eldorado's $17.3 billion buyout of Caesars Entertainment.
- 08/05/2020
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Why Caesars Entertainment (CZR) Might Surprise This Earnings Season
- Caesars Entertainment (CZR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 08/05/2020
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Caesars Entertainment (CZR) Set to Announce Earnings on Thursday
- Caesars Entertainment (NASDAQ:CZR) will be announcing its earnings results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of ($1.79) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link. Caesars Entertainment (NASDAQ:CZR) last announced its quarterly […]
- 08/05/2020
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7 of the Best Stocks for 2020 That Could See a Post-COVID Rebound
- Once the pandemic passes, you can buy some of the best stocks for 2020 at a discount, They're down now, but they will make a return to glory.
- 08/04/2020
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Should You Bet on a Las Vegas Recovery With Caesars Stock?
- Caesars Entertainment (NASDAQ: CZR) and Eldorado Resorts are world-famous casinos with magnificent hotels and locations around the world. Together, they will become one of the largest casino operators in the United States. The deal to merge Caesars and Eldorado was announced in June 2019.
- 08/04/2020
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Vanessa Bryant says 'Capri has the leg/calve bend just like her daddy'
- Vanessa Bryant makes another comparison about how 13-month-old daughter Capri resembles her father Kobe Bryant: Capri has the leg/calve bend just like her daddy.'
- 08/01/2020
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The 3 Largest Gambling Stocks in 2020
- Two iconic casino operators are suffering due to COVID-19 headwinds, but the third is thriving from the online sports betting boom.
- 07/31/2020
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Retirement Series: The Cream Always Rises To The Top
- Well-established companies with strong management teams (like the ones we’re about to discuss) do manage to rise above the rest.
- 07/31/2020
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FanDuel Group CEO: 'Demand is off the charts' for sports betting amid COVID-19
- FanDuel Group CEO Matt King joins Yahoo Finance’s Zack Guzman to discuss the latest outlook for online sports gambling as NBA and MLB games kick off.
- 07/30/2020
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FastPay Casino: For Lightning Fast Payouts And Withdrawals!
- The online crypto gaming casino industry is just taking off but at a slow pace despite the demand of players available. One of the main causes of this is the lack of crypto casinos available today but there are some options available including our review casino below – FastPay Casino. FastPay Casino is a relatively
- 07/29/2020
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Why Caesars Entertainment's Stock Is Trading Lower Today
- Caesars Entertainment (NASDAQ: CZR) shares are trading lower on Monday.The shares of several casino companies are trading lower, potentially amid concerns that a resurgence in coronavirus cases could lead to further shutdowns. Casinos recently reportedly notified staff of potential layoffs and furloughs.Caesars was founded in 1937 and today operates 49 casino properties in 13 U.S. states and five countries, primarily under the Caesars, Harrah's, and Horseshoe brands (while also operating the Flamingo, Paris, Rio, and Planet Hollywood in Las Vegas). Today, Caesars' three main segments are Las Vegas (61% of 2019 EBITDAR) and other U.S. (44%), with the remainder from managed, license, and joint venture properties. In June 2019, Eldorado proposed an acquisition of Caesars, which we expect to close in the near future.Caesars Entertainment shares were down 13.78% at $29.10 during the time of publication on Monday. The stock has a 52-week range between $70.74 and $6.02.See more from Benzinga * Why Eldorado Resorts Is Trading Lower Today(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/27/2020
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Merger Arbitrage Mondays - A Large Acquisition Ends The Energy Sector Deal Drought
- Merger activity remained steady last week with three new deals announced. The acquisition of Noble Energy by Chevron Corporation.
- 07/27/2020
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Caesars Drops After Icahn Board Member Resigns
- Caesars Drops After Icahn Board Member Resigns
- 07/27/2020
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Is Caesars Making the Same Mistake It Made in 2007?
- A leveraged buyout a decade ago led to bankruptcy for part of Caesars' business. It may be making the same mistake again.
- 07/26/2020
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Stocks To Watch: Big Focus On Big Tech
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 07/25/2020
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Las Vegas casinos face new furloughs, layoffs amid coronavirus
- Las Vegas Strip casinos are facing new furloughs and layoffs amid the coronavirus, as Las Vegas Sands reports a 97% decline in revenue. Moody's Vice President Adam McLaren joins Yahoo Finance’s Zack Guzman to discuss.
- 07/24/2020
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Caesars Entertainment, Inc. to Report 2020 Second Quarter Results on August 6, 2020
- Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the second quarter 2020 after the market closes on Thursday, August 6, 2020. The company will also host a conference call on August 6, 2020 at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time, to discuss its results and other matters related to the company.
- 07/24/2020
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Bally's Las Vegas Now Open
- In accordance with directives from Nevada Governor Steve Sisolak and the Nevada Gaming Control Board, Caesars Entertainment, Inc. (NASDAQ: CZR) has resumed gaming and hospitality operations at Bally's Las Vegas today, July 23. This follows the successful reopening of Caesars Palace Las Vegas, Flamingo Las Vegas, Harrah's Las Vegas and Paris Las Vegas. As previously announced, the Company has also reopened the gaming floor and other amenities at The LINQ Hotel + Experience, as well as The LINQ Promenade, High Roller Observation Wheel, FLY LINQ and Eiffel Tower Viewing Deck.
- 07/24/2020
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William Hill: Assessing The Race For Sports Betting Market Share Leadership
- William Hill runs 100 sports books in Nevada. Their Caesars deal opens another 29 possible locations across the nation.
- 07/23/2020
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Gambling on fun in the summer of COVID-19
- Ron Baumann, regional president, Caesars Entertainment Atlantic City, discussed the measures in place to lower your odds of catching coronavirus.
- 07/23/2020
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DraftKings: Trading At Irrational Exuberance Levels
- DraftKings stock has dramatically outperformed S&P 500 since the beginning of the year and currently, it’s priced at a market cap of more than $13 billion.
- 07/22/2020
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The Latest: Nepal ends 120 days of coronavirus lockdown
- Nepal’s government has ended lockdown 120 days after it was imposed to control the spread of coronavirus
- 07/22/2020
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Caesars Holdings, Inc. Announces Offer to Purchase Relating to Outstanding Convertible Senior Notes, Fundamental Change and Make-Whole Fundamental Change
- Caesars Holdings, Inc., formerly known as Caesars Entertainment Corporation ("Caesars"), today announced that it has (a) delivered a notice to holders of its 5.00% convertible senior notes due 2024 (the "Notes"), pursuant to the indenture governing the Notes (as supplemented, the "Indenture"), notifying holders that, as a result of each of (i) the consummation of the merger (the "Merger") contemplated by the Agreement and Plan of Merger, dated as of June 24, 2019 (as amended by Amendment No. 1 to Agreement and Plan of Merger, dated as of August 15, 2019), among Caesars, Eldorado Resorts, Inc. ("Parent"), and Colt Merger Sub. Inc., and (ii) the delisting of Caesars common stock from NASDAQ, a "Fundamental Change" and a "Make-Whole Fundamental Change," each as defined in the Indenture, has occurred effective as of July 20, 2020 and (b) made an offer to purchase any and all outstanding Notes as a result of the Fundamental Change.
- 07/21/2020
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Eldorado finishes $17.3B buyout of Caesars Entertainment
- A Nevada company has completed a $17.3 billion buyout of Caesars Entertainment Corp. and will take the iconic company’s name going forward as the largest casino owner in the world
- 07/21/2020
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Caesars’ $17 Billion Sale Saved by Bettors Racing Back to Tables
- (Bloomberg) -- Eager U.S. gamblers returning quickly to casinos after the Covid-19 lockdown helped Eldorado Resorts Inc. sell almost $8.8 billion in debt and stock needed to complete its takeover of Caesars Entertainment Corp.Eldorado’s Tom Reeg, who now is chief executive officer of the combined company, said he never questioned whether to go forward with the deal, which was worth $17 billion when it was announced last year, even after the coronavirus shut down all the casinos in the country for three months.“It continued to make business sense, our financing commitments were rock solid,” Reeg, 49, said in an interview Monday, when the purchase closed. “We knew we could finance the transaction. We’d already done so much work on synergy, starting to think about integration -- it was clear there was even more opportunity than we thought.”The Federal Reserve helped the company sell the loans by pushing official interest rates to almost zero, Reeg said. Early, strong results from casinos, which began reopening in May, also provided a boost.“Customers were effectively trapped in their homes for three months,” said Reeg, who has been with Eldorado for almost a decade. “They were anxious to get out and be entertained. They were looking for places they could go, drive to, go back home. It was perfect for the regional casinos.”Eldorado, which will adopt the Caesars name, sold $8 billion in junk bonds and other debt, and $772 million in new stock last month to finance the deal and shore up its balance sheet. The takeover transformed Reno, Nevada-based Eldorado into the largest operator of casinos in the U.S., with some 55 properties in all.Although casinos have had to limit the number of guests players at the slot machines and tables to meet social-distancing rules, the returning visitors have been higher-end bettors who wager more, Reeg said. They are also less impacted by the virus-related job losses and business slowdown hitting the economy.Combined, Caesars and Eldorado lost about $1 billion in the second quarter due to the virus-related closures, Reeg said. Profitability since they have reopened is up because Caesars isn’t offering some money-losing amenities, such as buffets and entertainment.Reeg is now pursuing the sale of several U.S. and international casinos, including three he was ordered to divest by Indiana casino regulators. He’s seen “significant, unsolicited interest” in those properties from other casino operators.The new Caesars is also pursuing a possible initial public offering of shares in the company’s sports and online-betting business, which could help reduce the company’s $14 billion in borrowings.“The idea is to somehow highlight the value of that business,” Reeg said. He described it as “similar in a scale and a revenue standpoint to DraftKings,” though “trapped in a much larger casino operator.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 07/21/2020
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Eldorado Resorts completes $17.3 billion buyout of Caesars Entertainment
- A Nevada company that started in 1973 with a single hotel-casino in Reno announced Monday it has completed a $17.3 billion buyout of Caesars Entertainment...
- 07/21/2020
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Caesars Entertainment and Eldorado Resorts Merger Completed
- The deal fusing Eldorado Resorts (NASDAQ: ERI) and Caesars Entertainment (NASDAQ: CZR) has closed, the combined company announced in a press release. The announcement is the culmination of a deal that was first reported in June 2019 and subsequently had to win a set of regulatory approvals. The arrangement was valued at roughly $17.3 billion at the time it was agreed, split between $7.2 billion in cash and 77 million shares of Eldorado stock.
- 07/21/2020
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Emergent BioSolutions Set to Join S&P MidCap 400; First Hawaiian to Join S&P SmallCap 600
- S&P SmallCap 600 constituent Emergent BioSolutions Inc. (NYSE: EBS) will replace Caesars Entertainment Corp. (NASD: CZR) in the S&P MidCap 400, and First Hawaiian Inc. (NASD:FHB) will replace Emergent BioSolutions in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 24. S&P MidCap 400 constituent Eldorado Resorts Inc. (NASD:ERI) acquired Caesars Entertainment in a deal completed today. Post-merger, Eldorado Resorts will change its name to Caesars Entertainment and its ticker to CZR. It will remain in the S&P MidCap 400.
- 07/20/2020
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Eldorado Completes $17 Billion Purchase of Caesars
- The Eldorado and Caesars' combination creates the largest casino company in the U.S. It will keep the Caesars name.
- 07/20/2020
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Caesars and Eldorado Close $8.58 Billion Merger
- An $8.58 billion cash-and-stock merger of Eldorado Resorts and Caesars Entertainment closed, forging the largest casino operator in the U.S. amid uncertainty across the industry over the spread of Covid-19.
- 07/20/2020
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Dividend Cuts And Overdue Rent: Previewing REIT Earnings Season
- Did the rent get paid? How about the mortgage? Earnings season kicks off this week with more than 175 REITs and housing industry companies reporting earnings over the next month.
- 07/20/2020
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Merger Arbitrage Mondays - Forescout And Advent Settle Their Differences
- Merger activity increased last week with three new deals announced. Acquisition of Maxim Integrated Products by Analog Devices.
- 07/20/2020
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Sports Betting ETF Adds Fertitta SPAC Ahead Of Golden Nugget Online's Nasdaq Debut
- The Roundhill Sports Betting & iGaming ETF (NYSE: BETZ) is again making some additions to its lineup.
What Happened: BETZ, which debuted in early June, added shares of...
- 07/19/2020
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Stocks To Watch: Vaccine Players, Earnings Blitz And Fiscal Debate
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 07/18/2020
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Caesars Entertainment : Harrah's Joliet Announces Reopening Date | MarketScreener
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Eldorado Resorts : Secures Approval From New Jersey Casino Control Commission in Connection With Its Pending Acquisition of Caesars Entertainment | MarketScreener
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Nevada casino company gets approval to become gambling giant
- A $17.3 billion buyout creating the world's biggest casino company won final approval Friday, with New Jersey gambling regulators agreeing to let Nevada-based Eldorado Resorts Inc. acquire Caesars Entertainment Corp.
It comes after an antitrust analyst had assured the New Jersey Casino Control Commission that the deal affecting four of the nine casino-resorts in Atlantic City would not concentrate too much of the local gambling economy in one company's hands.
"The stakes could not be any higher," Commissioner Alisa Cooper said before joining Chairman James Plousis in voting for the deal.
Plousis said he was satisfied after two days of hearings that Eldorado executives had been "honest about the challenges that lie ahead" and "acknowledged the importance of Atlantic City to their success."
Eldorado is expected to close the deal in coming days, vaulting a company that began with a single family-owned casino-hotel in Reno, Nevada, in 1973 to the top of the gambling ownership world. It will have 52 properties in 16 U.S. states, including Las Vegas Strip casino-resorts like Caesars Palace, Paris Las Vegas, Planet Hollywood, Flamingo and Linq.
The buyout also affects Caesars properties in the United Kingdom, Egypt, Canada and a golf course in the Chinese gambling enclave of Macau.
Billionaire investor Carl Icahn will be the largest single shareholder, with more than 10% of the combined company, Eldorado CEO Thomas Reeg said this week. Icahn acquired a large block of Caesars shares after that company emerged from bankruptcy protection in late 2017 and pushed for the sale.
Eldorado plans to buy Caesars stock at $12.30 per share, using $8.70 in cash and the remainder in Eldorado shares, Reeg told Nevada regulators. Eldorado will own 56% of the merged company,...
- 07/17/2020
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Nevada casino company gets approval to become gambling giant
- A $17.3 billion buyout creating the world’s biggest casino company has final approval from regulators
- 07/17/2020
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Nevada casino company gets approval to become gambling giant
- A $17.3 billion buyout creating the world’s biggest casino company has final approval from regulators
- 07/17/2020
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Nevada casino company gets approval to become gambling giant
- A $17.3 billion buyout creating the world's biggest casino company won final approval Friday, with New Jersey gambling regulators agreeing to let Nevada-based Eldorado Resorts Inc. acquire Caesars Entertainment Corp.
It comes after an antitrust analyst had assured the New Jersey Casino Control Commission that the deal affecting four of the nine casino-resorts in Atlantic City would not concentrate too much of the local gambling economy in one company's hands.
"The stakes could not be any higher," Commissioner Alisa Cooper said before joining Chairman James Plousis in voting for the deal.
Plousis said he was satisfied after two days of hearings that Eldorado executives had been "honest about the challenges that lie ahead" and "acknowledged the importance of Atlantic City to their success."
Eldorado is expected to close the deal in coming days, vaulting a company that began with a single family-owned casino-hotel in Reno, Nevada, in 1973 to the top of the gambling ownership world. It will have 52 properties in 16 U.S. states, including Las Vegas Strip casino-resorts like Caesars Palace, Paris Las Vegas, Planet Hollywood, Flamingo and Linq.
The buyout also affects Caesars properties in the United Kingdom, Egypt, Canada and a golf course in the Chinese gambling enclave of Macau.
Billionaire investor Carl Icahn will be the largest single shareholder, with more than 10% of the combined company, Eldorado CEO Thomas Reeg said this week. Icahn acquired a large block of Caesars shares after that company emerged from bankruptcy protection in late 2017 and pushed for the sale.
Eldorado plans to buy Caesars stock at $12.30 per share, using $8.70 in cash and the remainder in Eldorado shares, Reeg told Nevada regulators. Eldorado will own 56% of the merged company,...
- 07/17/2020
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Eldorado Resorts and Caesars Entertainment Announce Preliminary Results of Elections Made by Caesars Stockholders in Connection With the Proposed Merger
- Eldorado Resorts, Inc. (NASDAQ: ERI) ("Eldorado" or the "Company") and Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars" or "Caesars Entertainment") today announced the preliminary results of the elections made by Caesars stockholders as to the form of consideration they wish to receive in connection with the previously announced merger (the "Merger") of Caesars with a subsidiary of Eldorado pursuant to the parties’ Agreement and Plan of Merger, dated as of June 24, 2019 (as amended on August 15, 2019, the "Merger Agreement").
- 07/17/2020
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Eldorado Resorts and Caesars Entertainment Announce Preliminary Results of Elections Made by Caesars Stockholders in Connection With the Proposed Merger
- Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado” or the “Company”) and Caesars Entertainment Corporation (NASDAQ: CZR) (“Caesars” or “Caesars Entertai
- 07/17/2020
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New Jersey regulators mulling Eldorado buyout of Caesars
- New Jersey gambling regulators rejected bids Thursday from two casino company competitors to weigh in before deciding whether to give the last approval needed for a $17.3 billion corporate buyout that would create the world's biggest casino owner and directly affect four of the nine casinos in Atlantic City.
Casino Control Commission Chairman James Plousis and Commissioner Alisa Cooper decided the Hard Rock Hotel Casino and the Ocean Casino Resort asked too late for time to comment before their votes, now scheduled Friday, on Nevada-based Eldorado Resorts Inc.'s bid to acquire Caesars Entertainment Corp.
The merger would give Eldorado control - under the name Caesars Entertainment Inc. - of about 52 gambling properties in 16 U.S. states, plus Caesars sites in the United Kingdom, Egypt, Canada and a golf course in the Chinese gambling enclave of Macau.
The Atlantic City properties include the Caesars and Harrah's hotel-casinos now owned by Las Vegas-based Caesars Entertainment, and the Tropicana Atlantic City, owned by Eldorado.
In a move that two antitrust analysts told the commission reduced concerns about "undue economic concentration" in the local casino market, the Bally's Atlantic City now owned by Caesars Entertainment and VICI Properties is being sold for $25 million to Rhode Island-based Twin River Worldwide Holdings.
Approval in New Jersey is the final hurdle for the deal announced more than a year ago, backed by billionaire American investor and Caesars Entertainment shareholder Carl Icahn and delayed by casino closures nationwide because of the coronavirus pandemic.
The Federal Trade Commission accepted the plan June 26, after Eldorado agreed to satisfy antitrust concerns by selling properties in Kansas City, Missouri; in California near...
- 07/16/2020
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Casino REITs: The House Always Wins
- Ready to roll the dice? Casino REITs aren't the gamble that may appear on the surface. Despite the ongoing coronavirus pandemic, casino REITs have actually outperformed the broader REIT sector.
- 07/16/2020
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Riddick Bowe, Boris Becker & Many More To Raise Money For The COVID-19 Public Health Emergency By Playing GGPoker Online Poker Tournament
- A host of sports stars and celebs will join the worldwide poker playing community at GGPoker on Sunday, July 19 to raise funds for COVID-19 relief
- 07/16/2020
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New Jersey regulators take up Eldorado plan to buy Caesars
- New Jersey gambling regulators began Wednesday to consider Nevada-based Eldorado Resorts Inc.'s plan to buy Caesars Entertainment Corp. in a sweeping $17.3 billion deal affecting four of nine casino properties in Atlantic City.
Approval by the New Jersey Casino Control Commission could come Thursday, and would be the final hurdle in Eldorado's bid to become what Commissioner Alisa Cooper called "the biggest gaming company in the world" - a casino giant controlling 52 properties in 16 U.S. states under the Caesars Entertainment brand.
"Atlantic City is going to be a significant piece of this combined company," Eldorado chief executive Thomas Reeg testified at a daylong video hearing streamed on the internet.
Company executives acknowledged previous understaffing at Atlantic City properties and promised that future job cuts at the combined company's properties would be cleared first by state regulators.
A $25 million sale of Bally's Atlantic City hotel-casino by Caesars Entertainment and VICI Properties to Rhode Island-based Twin River Worldwide Holdings is pending. That would leave Eldorado with three resorts within driving distance of New York and Philadelphia: Caesars, Harrah's and the Tropicana Atlantic City.
The company is committing to keeping the properties open for at least five years. Eldorado Chief Financial Officer Bret Yunker promised $400 million in improvements to the three properties over the next three years, followed by reinvestment of 5% of revenues annually.
"Atlantic City, where it sits, is in the middle of a gigantic population center," Reeg said. "It's our job to make our properties attractive enough for people to get in the car or get in that charter plane."
Nevada casino regulators approved the buyout last week,...
- 07/15/2020
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New Jersey regulators take up Eldorado plan to buy Caesars
- New Jersey gambling regulators began Wednesday to consider Nevada-based Eldorado Resorts Inc.'s plan to buy Caesars Entertainment Corp. in a sweeping $17.3 billion deal affecting four of nine casino properties in Atlantic City.
Approval by the New Jersey Casino Control Commission could come Thursday, and would be the final hurdle in Eldorado's bid to become what Commissioner Alisa Cooper called "the biggest gaming company in the world" - a casino giant controlling 52 properties in 16 U.S. states under the Caesars Entertainment brand.
"Atlantic City is going to be a significant piece of this combined company," Eldorado chief executive Thomas Reeg testified at a daylong video hearing streamed on the internet.
Company executives acknowledged previous understaffing at Atlantic City properties and promised that future job cuts at the combined company's properties would be cleared first by state regulators.
A $25 million sale of Bally's Atlantic City hotel-casino by Caesars Entertainment and VICI Properties to Rhode Island-based Twin River Worldwide Holdings is pending. That would leave Eldorado with three resorts within driving distance of New York and Philadelphia: Caesars, Harrah's and the Tropicana Atlantic City.
The company is committing to keeping the properties open for at least five years. Eldorado Chief Financial Officer Bret Yunker promised $400 million in improvements to the three properties over the next three years, followed by reinvestment of 5% of revenues annually.
"Atlantic City, where it sits, is in the middle of a gigantic population center," Reeg said. "It's our job to make our properties attractive enough for people to get in the car or get in that charter plane."
Nevada casino regulators approved the buyout last week,...
- 07/15/2020
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New Jersey regulators take up Eldorado plan to buy Caesars
- New Jersey gambling regulators are considering Nevada-based Eldorado Resorts Inc.’s plan to buy Caesars Entertainment Corp. in a sweeping $17.3 billion deal affecting four of nine casino properties in Atlantic City
- 07/15/2020
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Brokerages Expect Caesars Entertainment Co. (NASDAQ:CZR) Will Announce Quarterly Sales of $389.36 Million
- Wall Street analysts expect Caesars Entertainment Co. (NASDAQ:CZR) to announce $389.36 million in sales for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Caesars Entertainment’s earnings, with the lowest sales estimate coming in at $200.40 million and the highest estimate coming in at $685.70 million. Caesars Entertainment posted sales of […]
- 07/15/2020
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Silver Ring Value Partners Q2 2020 Letter
- Silver Ring Value Partners utilizes a concentrated intrinsic value approach in seeking to safely compound capital over the long term.
- 07/14/2020
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ChromaDex External Research Program (CERP™) Achieves 200th Material Transfer Agreement for Niagen® (Nicotinamide Riboside) Research
- ChromaDex Corp. (NASDAQ:CDXC) today announced the Company has signed its 200th material transfer agreement (MTA) through its global ChromaDex External
- 07/14/2020
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Eldorado Resorts Stock Can Rally 150%: Analyst
- The well-managed casino company will be able to generate strong returns on the high-profile assets it’s getting from its Caesars Entertainment acquisition.
- 07/13/2020
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Merger Arbitrage Mondays - Sunrun Acquires Vivint Solar
- Merger activity increased last week with two new deals announced. The acquisition of National General Holdings by The Allstate Corporation.
- 07/13/2020
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VICI Properties Announces Release Date for Second Quarter 2020 Results
- VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that it will release its second quarter 2020 financial results
- 07/13/2020
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Eldorado Gets Indiana OK to Buy Caesars - Now It Needs NJ
- Casino company Eldorado received Indiana's OK to buy Caesars Entertainment. Now it needs only clearance from New Jersey.
- 07/10/2020
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Eldorado Resorts Secures Approval from Indiana Gaming Commission in Connection with Its Pending Acquisition of Caesars Entertainment
- Eldorado Resorts, Inc. (NASDAQ: ERI) ("Eldorado" or the "Company") announced that at a meeting today, the Company received approval from the Indiana Gaming Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars"), subject to applicable conditions.
- 07/10/2020
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Bally's Las Vegas to Reopen July 23
- Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars", "Caesars Entertainment" or the "Company") today announced plans to resume operations at Bally's Las Vegas on Thursday, July 23 at 10 a.m. Pacific Time, following successful reopenings of Caesars Palace Las Vegas, Flamingo Las Vegas, Harrah's Las Vegas and Paris Las Vegas. As previously announced, the Company has also reopened the gaming floor and other amenities at The LINQ Hotel + Experience, as well as The LINQ Promenade, High Roller Observation Wheel, FLY LINQ and Eiffel Tower Viewing Deck.
- 07/09/2020
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Why Caesars Entertainment Shares Plunged 10.8% in the First Six Months of 2020
- Shares of Caesars Entertainment (NASDAQ: CZR) fell 10.8% in the first half of 2020, according to data provided by S&P; Global Market Intelligence, as the casino industry was thrown into turmoil. What saved Caesars' stock was the company's agreement to be bought out by Eldorado Resorts (NASDAQ: ERI). Caesars shareholders are to get $8.40 per share in cash and 0.0899 shares of Eldorado stock.
- 07/09/2020
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Nevada regulators OK company buying Caesars Entertainment
- Reno-based Eldorado Resorts Inc. received the go-ahead from Nevada casino regulators to buy Caesars Entertainment Corp. in a $17 billion deal creating a gambling giant with properties in 16 U.S. states and several other countries
- 07/09/2020
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Eldorado Resorts and Caesars Entertainment Announce Election Deadline for Caesars Stockholders to Elect Merger Consideration
- Eldorado Resorts, Inc. (NASDAQ: ERI) ("Eldorado" or the "Company") and Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars" or "Caesars Entertainment") today announced that, in connection with the previously announced merger (the "Merger") of Caesars with a subsidiary of Eldorado, the deadline for Caesars stockholders to elect the form of merger consideration they wish to receive in the transaction has been set for 5:00 p.m., New York time, July 16, 2020 (the "Election Deadline"). The completion of the transaction remains subject to the satisfaction or waiver of certain closing conditions contained in the parties’ Agreement and Plan of Merger, dated as of June 24, 2019 (as amended on August 15, 2019, the "Merger Agreement"). The Election Deadline may be changed or extended in the event the anticipated closing date is delayed to a subsequent date, in which case Eldorado will promptly announce any such delay and, when determined, the rescheduled Election Deadline.
- 07/09/2020
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Eldorado Resorts Wins Crucial Approvals For Caesars Entertainment Acquisition
- Eldorado Resorts (NASDAQ: ERI) is now much closer to merging with its peer Caesars Entertainment (NASDAQ: CZR) following the approval of two related Nevada regulators. On Wednesday, the state's Gaming Control Board and its Gaming Commission granted approval for the merger, which will see Eldorado effectively acquire Caesars in a deal originally valued at around $17.3 billion, including debt assumption. Eldorado and Caesars agreed that the former company would pay a total of $12.75 per Caesars share in a mix of cash and Eldorado common stock.
- 07/09/2020
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Eldorado’s $17.3 billion bid to buy Caesars Entertainment gets OK from Nevada regulators
- Reno-based Eldorado Resorts Inc. received the go-ahead Wednesday from Nevada casino regulators to buy Las Vegas-based Caesars Entertainment Corp. in a $17.3 billion deal creating a gambling giant owning or operating 55 properties in 16 U.S. states and several other countries.
- 07/08/2020
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Nevada regulators OK company buying Caesars Entertainment
- LAS VEGAS (AP) — Reno-based Eldorado Resorts Inc. received the go-ahead Wednesday from Nevada casino regulators to buy Caesars Entertainment Corp. in a $17.3 billion deal creating a gambling giant...
- 07/08/2020
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Caesars Entertainment Corp (CZR): Are Hedge Funds Right About This Stock?
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 07/07/2020
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Bugsy & Meyer's Steakhouse at Flamingo Las Vegas Now Open
- One of the most anticipated openings of the year, Bugsy & Meyer's Steakhouse at Flamingo Las Vegas is now open. The $10 million destination steakhouse embraces the resort's nearly 75-year history, while presenting it in an elevated, modern way.
- 07/07/2020
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ChromaDex and the NIH-NIAID Rocky Mountain Laboratories Announce Study to Assess the Therapeutic Potential of Niagen® in COVID-19 Animal Models
- ChromaDex Corp. (NASDAQ:CDXC) announced today the initiation of a preclinical study in collaboration with the National Institute of Allergy and Infect
- 07/07/2020
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Half of Nevada's businesses failed to follow rules on masks, state investigators say
- Nevada Governor Steve Sisolak is threatening swift, decisive action against rule-flouters. Casinos are cracking down internally, warning employees will be fired for failing to follow regulations.
- 07/06/2020
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Stocks To Watch: Postmates, Walgreens And Cannabis Plays
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive th
- 07/04/2020
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Caesars Entertainment's Atlantic City Resorts Officially Welcomed Guests Back To Their World Famous Beaches, Boardwalk and Marina District
- Caesars Entertainment (NASDAQ: CZR) Atlantic City welcomed guests back to their world-famous resorts today at Caesars, Harrah's Resort and Bally's, in accordance with the New Jersey Governor's Executive Orders and all state directives, with a ribbon-cutting ceremony outside of Caesars' Boardwalk entrance on Friday, July 3.
- 07/03/2020
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3 Casino Stocks to Buy, Despite Covid-19 Concerns
- As Covid-19 cases rise around the country, investors betting on a casino resurgence may be pressing their luck. Still, there are some regional players worth buying, says Jefferies.
- 07/02/2020
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Nobu Hotel Caesars Palace in Las Vegas Now Open
- In accordance with directives from Nevada Governor Steve Sisolak and the Nevada Gaming Control Board, Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars", "Caesars Entertainment" or the "Company") has resumed operations at Nobu Hotel Caesars Palace in Las Vegas today, July 2. This follows the successful reopenings of Caesars Palace Las Vegas, Flamingo Las Vegas, Harrah's Las Vegas, Paris Las Vegas, The LINQ Promenade and High Roller Observation Wheel, as well as the gaming floor and other amenities at The LINQ Hotel + Experience.
- 07/02/2020
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3 Regional Casino Stocks to Buy, Despite Covid-19 Concerns
- As Covid-19 cases rise around the country, investors betting on a casino resurgence may be pressing their luck. Still, there are some regional players worth buying, says Jefferies.
- 07/02/2020
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As Coronavirus Cases Surge, MGM Stock Could Head Lower
- The reopening of Las Vegas last month made investors bullish on MGM Resorts (NYSE:MGM) stock. But, with a rise in new novel coronavirus cases, a rapid comeback for this casino giant looks questionable.Source: Jason Patrick Ross / Shutterstock.com The company is taking proactive moves to ensure safety, like requiring masks in public places on its properties. But that may not be enough to reassure potential visitors to its Las Vegas and regional hotels. With just 36% of Americans comfortable riding on a plane, Vegas casinos are going to have a tough time filling up hotel rooms and getting people to their gaming tables.So what does that mean for MGM stock in the near-term? Expect today's uncertainty to continue. Yet uncertainty may be good when it comes to making money with this stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf MGM's near-term prospects were brighter, its shares would be trading closer to their pre-pandemic price levels. In other words, their risk/reward ratio would not be very favorable. But, as the shares move lower, investors' odds improve.I'm not saying that the shares are a screaming buy at today's prices. But if the shares creep down to $10 and below, consider the stock a strong bottom-fishing pick. What a Second Wave Means for MGM StockEarlier this month, the shares of this hard-hit casino stock went higher, as investors wagered on a rapid, "V-shaped" recovery. In the minds of many, the pandemic was entering the rear-view mirror. Indeed, with many states opening up, it seemed like the nation was going to rapidly "return to normal." * 7 Utilities Stocks to Buy With Reassuring Dividends What a difference a few weeks makes. With reported cases rising, investors, political leaders, and other stakeholders may have gotten ahead of themselves. That is to say, we are far from out of the woods when it comes to the pandemic.Will Nevada and other states walk back their reopening plans? Will they impose a second lockdown? That remains to be seen. Also unclear is whether MGM's casino business will continue accelerating throughout the summer.As InvestorPlace columnist Mark Hake wrote in his June 25 column, "wait and see" is a good approach. With the July 4th weekend just days away, we'll soon see the extent to which MGM's operations are bouncing back. If the crowds during Independence Day weekend are larger than expected, that will be a clear sign that things aren't as bad as recent headlines indicate.Granted, many will still shun places with large crowds, like casinos. But, if the mask requirements can help minimize infection risks, and if enough people are daring (or stubborn) enough to hit the tables, MGM's comeback story may still be in motion.That being said, today's share price is reasonable, but not dirt cheap. Yet, considering the fact that other casino stocks have become frothier, valuation may not be much of an issue for MGM stock. MGM's Valuation Is ReasonableUsing the enterprise value/EBITDA (EV/EBITDA) metric, MGM looks reasonably priced, but not cheap. The shares have an EV/EBITDA ratio of 12.9. Rivals like Caesars Entertainment (NASDAQ:CZR), and Las Vegas Sands (NYSE:LVS) sell at similar or lower valuations.But, as I wrote earlier this month, the shares look like a bargain compared to Penn National (NASDAQ:PENN) stock. With Penn's sports-wagering catalyst helping to boost its valuation, that stock currently has an EBITDA multiple of 15.And that's despite the fact that the easy money's already been made with Penn stock. Even as "second wave" fears threaten this company's comeback, MGM remains a stronger bet on a casino comeback.Nevertheless, now may not be the best time to buy MGM stock. Given that rising coronavirus cases could cause another selloff, an opportunity to buy the shares at an even cheaper price may be just around the corner.Sure, there's a chance that MGM's July 4 weekend results could exceed expectations, sending its shares higher. But giving up some potential gains for less risk may be worthwhile. With Uncertainty Still in the Cards, Take Your Time Before Betting on MGM StockCasino stocks are less risky than the shares of other hard-hit sectors. Airline stocks, for example, face a bumpier road.Nevertheless, casino stocks could dip down the road, creating a solid entry point.I'm not saying, "bet big on MGM stock." It could be years before the company gets fully "back to normal." But if its stock continues to dip, take advantage of uncertainty and buy it on any pullback.Thomas Niel, contributor to InvestorPlace, has written single-stock analysis since 2016. As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post As Coronavirus Cases Surge, MGM Stock Could Head Lower appeared first on InvestorPlace.
- 07/02/2020
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Atlantic City casinos reopen in a changed pandemic world
- Eager to hit the slot machines and table games after a 108-day absence, gamblers endured wearing face masks and did without smoking and drinking Thursday as five of Atlantic City’s nine casinos reopened amid the coronavirus pandemic
- 07/02/2020
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Atlantic City casinos reopen in a changed pandemic world
- ATLANTIC CITY, N.J. (AP) - For the first time in 108 days, slot machines will beep, dice will tumble and cards will be dealt at Atlantic City's casinos Thursday as they reopen amid a coronavirus pandemic that has drastically changed things both inside and outside the casino walls.
Gamblers will not be allowed to smoke, drink or eat anything inside the casinos. They will have to wear masks while in public areas of the casino, and they will have their temperatures checked upon entering.
Five of the nine casinos - Hard Rock, Ocean, Resorts, Tropicana and Golden Nugget - will open their doors Thursday morning, the first day New Jersey allows them to. Three others, Caesars, Bally's and Harrah's, will reopen Friday, after allowing their highest rollers a one-day head start on Thursday.
Only the Borgata, the city's top-performing casino, will remain shut. It quickly decided to scrap its planned reopening after New Jersey Gov. Phil Murphy cancelled permission for indoor dining in the state, and imposed smoking and drinking bans on the casinos. The Borgata has not set a reopening date.
The last-minute changes, announced in a late-night press release Monday, rocked Atlantic City's casinos, forcing them to abandon reopening plans they had spent months making.
"Honestly, we were totally surprised," said Ron Baumann, regional president of Caesars Entertainment, which owns three Atlantic City casinos. "Our plans were to open up the restaurants at 25% capacity, and we were ready to do that. We've spent the last 2 1/2 days scrambling to come up with a new plan."
The casinos can offer take-out food to be eaten outdoors or in hotel rooms. Those that have outdoor beach or Boardwalk bars will use them; others are improvising by bringing food trucks to their entrances, or,...
- 07/02/2020
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Atlantic City casinos reopen in a changed pandemic world
- ATLANTIC CITY, N.J. (AP) — For the first time in 108 days, slot machines will beep, dice will tumble and cards will be dealt at Atlantic City's casinos Thursday as they reopen amid a coronavirus...
- 07/02/2020
|
