Caesars Entertainment, Inc. operates as a gaming and hospitality company in the United States. The company operates casinos comprising poker, keno, and race and online sportsbooks; dining venues, bars, nightclubs, and lounges; hotels; and entertainment venues. It also provides staffing and management services; accessories, souvenirs, and decorative items through retail stores; and online sports betting and iGaming services. As of December 31,2021, the company owned, leased, and managed 52 domestic properties in 16 states, consisting of approximately 55,700 slot machines, video lottery terminals, and e-tables; 2,900 table games; and 47,700 hotel rooms. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada.
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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.
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.
Courtney Garcia, Payne Capital Management senior wealth advisor, joins 'Power Lunch' to discuss plays for three stocks including Match Group, Caesars and UnitedHealth.
Caesars (CZR) expands its reach in North Carolina with statewide mobile wagering, leveraging its premier sports betting platform to cater to passionate sports fans.
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.