Caesars Entertainment (CZR) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on July 30, 2024, might help the stock move higher if these key numbers are better th ...

Caesars Entertainment, Inc. (CZR) has announced a significant expansion of its mobile sports betting platform, Caesars Sportsbook, in Washington, D.C. This move comes just in three years after the company made history by opening the first sportsbook in a U.S. professional sports venue at Capital One Arena. The expansion allows sports fans aged 21 and older to access the Caesars Sportsbook app on iOS, Android or desktop district-wide, with exceptions for federal lands and areas surrounding other professional ...

However, with the legalization of online sports betting in certain locales, the game has changed. Various bans put forward by the U.S. Supreme Court have been lifted in some states, with the number now allowing online gaming growing. Although the legalization of sports betting has swarmed in almost all states in the U.S., the sector is continuously expanding. Middlemen are now actively looking for new betters and have continued to broaden their betting strategies. This presents the best time to invest in sp ...

Caesars Entertainment, Inc. (CZR) has successfully finalized the acquisition of WynnBET's Michigan iGaming operations. This strategic move aligns with Caesars' ongoing expansion efforts and enhances its presence in the rapidly growing iGaming sector. Looking ahead, Caesars plans to announce a new online casino brand and transition WynnBET's operations to its Michigan iGaming Platform in the latter half of 2024. This transition is contingent upon regulatory approvals, showcasing Caesars' proactive approach t ...

| --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ...

It has been about a month since the last earnings report for Caesars Entertainment (CZR) . Shares have lost about 11.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Caesars Entertainment due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Caesars Entertainment Q1 ...

Caesars Entertainment, Inc. (CZR) will likely benefit from improving occupancy, strategic partnerships and increased sports betting volumes. Also, the focus on property development and digitalization bodes well. However, increased expenses and competitive pressure are headwinds. Also, weather-related woes in the Regional segment are other concerns. Let us discuss the factors that highlight why investors should retain the stock for now. Factors Likely to Drive Growth Concerns Shares of the Zacks Rank #3 (Hol ...

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. have offered different online options. It has also been reported that 10 other states will come through the legalization soon. Of course, this has been very good news for investors in sports betting stocks. Although sports betting is nothing new, the sector has definitely grown since its ban was li ...

Chef Ramsay Brings Menu Inspired by His Global Travels to Brand's First St. Louis Restaurant "The Four Seasons Hotel St. Louis team is thrilled to welcome Chef Ramsay to St. Louis and excited for both locals and hotel guests to enjoy his internationally inspired menu," said Alper Oztok, General Manager of Four Seasons Hotel St. Louis. "Reflecting Chef Ramsay's relentless pursuit of excellence, this restaurant offers elevated cuisine in a sophisticated setting. It is a fantastic addition to the hotel, bringi ...

"We are excited to welcome Martin Short as Funner's new mayor," said Bo Mazzetti, Chairman of the Rincon Tribe. "His enthusiasm and extensive background in entertainment promise to elevate the vibrant community at Harrah's Resort SoCal." Now that it's official, Mayor Marty plans to implement a new era of fun in Funner — including exciting entertainment options, innovative culinary experiences, spa treatments, and more, all aimed at ensuring every visitor enjoys their own unique, Funner experience. Visitors ...