Caesars Entertainment, Inc. (CZR)
Caesars Entertainment, Inc. operates in the Gambling, Resorts & Casinos industry of the Consumer Cyclical sector, headquartered in Reno, NV, US. The stock last traded at $29.59, down 0.50% on the session, giving a market capitalisation of $6.03B. On trailing twelve-month figures it carries a trailing P/E of -12.98, a net margin of -3.8%. Its beta of 1.75 implies it has historically moved more than the broad market.
Caesars Entertainment, Inc. stands as a prominent gaming and lodging enterprise with extensive operations throughout the United States. The company manages numerous casinos, offering diverse gambling options like poker, keno, horse racing, and digital sports wagering platforms. Beyond its gaming ventures, Caesars provides a broad spectrum of leisure and accommodation services, including dining establishments, bars, nightclubs, lounges, hotels, and various entertainment facilities. Additionally, it offers staffing and management support, sells merchandise such as accessories and souvenirs via its retail outlets, and operates online sports betting and iGaming services. By the close of 2021, its portfolio encompassed 52 properties located across 16 U.S. states, which were either owned, leased, or managed. These establishments collectively featured approximately 55,700 slot machines, video lottery terminals, and electronic gaming tables; 2,900 traditional table games; and 47,700 guest rooms. Established in 1937, Caesars Entertainment, Inc. maintains its corporate headquarters in Reno, Nevada.
Caesars Entertainment, Inc. is most often compared with the following Consumer Cyclical names: