Workflow
Caesars Entertainment(CZR)
icon
Search documents
Missouri Sports Fans Can Now Register on the Caesars Sportsbook App
Businesswire· 2025-11-17 15:41
Core Points - Caesars Entertainment is preparing for the launch of legal sports wagering in Missouri on December 1, allowing users to register and fund their accounts in advance [1][2] - The Caesars Sportsbook app will offer a variety of betting options, including Same Game Parlays, player props, and live in-play betting, along with livestreaming of major sporting events [3] - The company is introducing special sign-up offers and promotions to attract new users ahead of the launch [4][7] Registration and Launch Details - New users can register on the Caesars Sportsbook app starting today, with existing users able to activate their accounts in Missouri [2] - The initial mobile launch is set for November 17, with a full launch of wagering on December 1 [5][8] - Users who deposit $5 or more by December 1 will receive additional benefits, including Profit Boost Tokens and Bonus Bets [7][14] Promotions and Rewards - The NFL Flips game will be available starting November 24, offering users a chance to win from a $100,000 Bonus Bet prize pool [6][7] - New users placing their first bet of $5 or more will earn $150 in Bonus Bets if that bet wins [14] - Caesars Rewards program allows users to earn Tier Credits and Reward Credits through their betting activity, redeemable for various experiences [10] Technological Enhancements - Missouri will be the first state to launch Caesars Sportsbook with Universal Digital Wallet functionality, enabling seamless deposits and withdrawals [8] - The company plans to expand this functionality to all states where it offers online gaming and sports betting [8] Responsible Gaming Commitment - Caesars Entertainment emphasizes its commitment to responsible gaming, with various tools in place to promote responsible play [3][11] - The company has received accolades for its responsible gaming practices, including the RG Check accreditation [12]
3 Consumer Stocks with Questionable Fundamentals
Yahoo Finance· 2025-11-07 04:32
Industry Overview - Consumer discretionary businesses are sensitive to economic cycles, leading to underperformance during macroeconomic uncertainty, with a 14.8% return over the past six months compared to the S&P 500's 19.5% gain [1] Company Analysis: Caesars Entertainment (CZR) - Caesars Entertainment has a market cap of $3.91 billion and operates casinos, hotels, and resorts [3] - The stock is trading at $19.16 per share, reflecting a high forward P/E ratio of 56.2x, raising concerns about its valuation [5] Company Analysis: Leggett & Platt (LEG) - Leggett & Platt has a market cap of $1.18 billion and is a diversified manufacturer [6] - The stock price of $8.72 indicates a forward P/E ratio of 8.1x, suggesting caution in investment [8] Company Analysis: Sphere Entertainment (SPHR) - Sphere Entertainment has a market cap of $2.58 billion and is known for its Las Vegas venue [9] - The company has experienced flat sales over the last two years, indicating a lack of consumer excitement [11] - A low free cash flow margin of 1.2% constrains its growth and capital return capabilities [11] - The net-debt-to-EBITDA ratio of 7x raises concerns about its ability to secure additional capital [11] - Sales stagnation over the last five years, with a 12.7% annual decline in earnings per share, highlights the need for new growth strategies [12] - The company has shown lackluster revenue growth of 8.5% annually over the last five years, indicating competitive disadvantages [13]
These 3 Beaten-Down Consumer Goods Stocks Could Have Farther to Fall
Yahoo Finance· 2025-11-05 08:23
Group 1: Caesars Entertainment - Caesars Entertainment's stock has declined over 25% in October, nearing levels last seen during the COVID-19 pandemic [3] - The company reported a decrease in average daily room rates by over 6% and a 5% drop in occupancy in Las Vegas [2] - Caesars has significant outstanding liabilities of $11.9 billion, making it sensitive to interest rate changes [1] Group 2: Chipotle Mexican Grill - Chipotle's stock fell more than 23% after reporting only 0.3% same-store sales growth in the third quarter [7] - CEO Scott Boatwright indicated that same-store sales have also slipped in October, reflecting reduced customer visits [8] - The company faces public scrutiny over pricing practices, with accusations of "shrinkflation" affecting consumer perception [9] Group 3: DoorDash - DoorDash's stock is noted as the strongest among the discussed consumer goods stocks, having risen over 51% year to date [10] - The company generates revenue through delivery and subscription fees, but consumers may cut back on discretionary spending [12] - The cost of delivery through DoorDash can be significantly higher than in-store prices, which may deter cost-sensitive consumers [14][15]
Why Caesars Entertainment Stock Is Sinking This Week
Yahoo Finance· 2025-10-31 18:21
Core Insights - Caesars Entertainment Inc's shares fell 11.4% this week despite the S&P 500 rising 0.5% and the Nasdaq-100 gaining 1.7% [1] - The company reported a third-quarter loss of $0.27 per share, significantly worse than the expected loss of $0.09, with revenue at $2.87 billion, slightly below the $2.89 billion estimate [2][6] - Las Vegas operations saw a nearly 10% year-over-year decline in sales, contrasting with growth in regional casinos, indicating a divide in performance [2] Financial Performance - The third-quarter loss of $0.27 per share was three times worse than Wall Street's expectations [2] - Revenue fell short of estimates, reported at $2.87 billion compared to the expected $2.89 billion [2] Market Trends - CEO Tom Reeg noted a "softness in leisure demand for Las Vegas" during the summer months, describing it as a "difficult summer" [3] - The decline in Las Vegas traffic highlights a shift in consumer behavior, with gamblers increasingly favoring online betting over traditional brick-and-mortar casinos [3] Investment Considerations - Analysts from The Motley Fool Stock Advisor have identified 10 stocks they believe are better investment opportunities than Caesars Entertainment [4][6]
TD Cowen Maintains Buy Rating on Caesars Entertainment (CZR) Stock
Yahoo Finance· 2025-10-31 01:38
Core Viewpoint - Caesars Entertainment, Inc. (NASDAQ:CZR) is identified as a stock with significant growth potential leading into 2026, despite recent quarterly results falling short of expectations [1][2]. Financial Performance - In Q3 2025, Caesars reported GAAP net revenues of $2.9 billion and a GAAP net loss of $55 million [1]. - The regional portfolio showed net revenue and adjusted EBITDA growth, attributed to consistent operating trends and positive returns from capital projects [3]. Market Trends - Temporary softness in Las Vegas is expected to improve with increasing group bookings for Q4 [2]. - Regional markets are demonstrating healthy momentum, supported by refined marketing strategies that could enhance free cash flow growth [2]. Online Gaming Business - Caesars' online gaming segment, including Caesars Palace and Horseshoe Apps, experienced a 20% growth to $1.2 billion in 2024, with EBITDA increasing by 207% to $117 million compared to 2023 [3]. - iGaming revenue surged by 65% in Q4 2024, building on a 54% growth in 2023 [3]. - The company is launching a live iCasino in-app product in Michigan and New Jersey, which is expected to drive further growth in online gaming [3]. Investment Potential - Analysts suggest that the stock could reach a value of $80 to $90 per share, indicating a potential upside of 200% to 300%+ from the current price of $25 [3]. - Caesars is projected to generate over $1 billion in after-tax free cash flow in 2025, implying a 20%+ equity yield on the stock today [3].
Caesars Entertainment: An Ugly Quarter Torpedoes The Bull Case (NASDAQ:CZR)
Seeking Alpha· 2025-10-30 16:34
Core Insights - Caesars Entertainment, Inc. (CZR) reported second quarter results that were perceived as better than market expectations, despite the stock experiencing an eleven-session losing streak following the announcement [1]. Financial Performance - The Q2 numbers for Caesars Entertainment indicated stronger performance than anticipated by the market, suggesting potential undervaluation of the stock [1].
Caesars Entertainment: An Ugly Quarter Torpedoes The Bull Case
Seeking Alpha· 2025-10-30 16:34
Group 1 - Caesars Entertainment, Inc. (CZR) reported second quarter results that were perceived as better than market expectations, despite the stock experiencing an eleven-session losing streak following the announcement [1] - The analysis indicates a focus on value investing, with the author having a background in observing market trends since the dot-com bubble [1] Group 2 - No specific financial metrics or performance indicators were provided in the documents, limiting the ability to summarize detailed financial performance [2][3]
Caesars Entertainment (CZR) Falls to All-Time Low on Dismal Q3
Yahoo Finance· 2025-10-30 15:31
Core Viewpoint - Caesars Entertainment, Inc. has experienced a significant decline in stock performance, reaching a new 52-week low due to disappointing earnings in Q3 [1][2]. Financial Performance - The company reported a net loss of $55 million in Q3, a 511% increase from a net loss of $9 million in the same period last year [2]. - Net revenues remained flat at $2.87 billion compared to the same period last year [2]. Operational Insights - The regional portfolio showed growth in net revenues and Adjusted EBITDA, attributed to consistent operating trends and positive returns from capital projects [3]. - The Las Vegas segment saw a decline in Adjusted EBITDA due to lower city-wide visitation and poor performance in table games [3]. - Strong performance in the Caesars Digital segment was noted, although Adjusted EBITDA was negatively impacted by lower-than-expected sports hold in September [3]. Future Outlook - The company anticipates improved operating performance in Q4, driven by stronger occupancy in Las Vegas, continued momentum in the Caesars Digital segment, and stable trends in the regional portfolio [4].
Why Caesars Entertainment Stock Plummeted 15.2% Today
Yahoo Finance· 2025-10-29 21:15
Core Points - Caesars Entertainment Inc's shares fell by 15.2% on Wednesday, contrasting with a flat S&P 500 and a 0.5% gain in the Nasdaq Composite [1] - The company reported a loss of $0.27 per share on $2.87 billion in sales, missing Wall Street's expectations of a loss of $0.09 per share on $2.89 billion in sales [3][6] - Las Vegas sales declined nearly 10% year over year, attributed to a drop in seasonal traffic [3][4] Financial Performance - Caesars Entertainment's Q3 earnings missed targets, with a reported loss of $0.27 per share [3][6] - Total sales for the quarter were $2.87 billion, slightly below the consensus estimate of $2.89 billion [3][6] Market Trends - The decline in Las Vegas traffic is noted, with CEO Tom Reeg mentioning softness in leisure demand during the summer months [4] - The shift towards online gambling is highlighted as a significant factor affecting Caesars' performance, as many gamblers prefer online platforms over traditional brick-and-mortar casinos [4] Investment Considerations - Analysts from The Motley Fool Stock Advisor have identified 10 stocks they believe are better investment opportunities than Caesars Entertainment [5][6]
Caesars Entertainment Q3 Earnings & Revenues Miss Estimates, Stock Down
ZACKS· 2025-10-29 17:36
Core Insights - Caesars Entertainment, Inc. reported third-quarter 2025 results with both earnings and revenues missing the Zacks Consensus Estimate, leading to a 2% decline in stock during trading hours and an additional 7.1% drop in after-hours trading [1][9] Financial Performance - The company recorded an adjusted loss per share of 27 cents, which was significantly wider than the Zacks Consensus Estimate of an adjusted loss of 11 cents by 145.5%, compared to an adjusted loss of 4 cents per share in the prior-year quarter [4] - Net revenues for the quarter were $2.87 billion, missing the consensus mark of $2.89 billion by 0.7% and decreasing 0.2% year over year [5] Segment Performance - **Las Vegas Segment**: Net revenues totaled $952 million, down 10.4% from $1.06 billion in the year-ago quarter, with adjusted EBITDA decreasing to $379 million from $472 million [6] - **Regional Segment**: Quarterly net revenues were $1.54 billion, up 6.2% year over year from $1.45 billion, with adjusted EBITDA reaching $506 million, up from $498 million [7] - **Caesars Digital Segment**: Net revenues were $311 million, up 2.6% year over year from $303 million, but adjusted EBITDA fell to $28 million from $52 million [8] - **Managed and Branded Segment**: Net revenues were $73 million, up 7.4% year over year from $68 million, with adjusted EBITDA decreasing to $18 million from $19 million [10] - **Corporate and Other Segment**: Net revenues were negative $3 million compared to negative $5 million a year ago, with adjusted EBITDA totaling negative $47 million compared to negative $40 million in the prior-year quarter [10] Balance Sheet - As of September 30, 2025, cash and cash equivalents were $836 million, down from $866 million as of December 31, 2024 [11] - Net debt was $11.09 billion, down from $11.43 billion as of December 31, 2024 [12]