Exhibit 99.1 Caesars Entertainment, Inc. Reports Second Quarter 2024 Results LAS VEGAS and RENO, Nev. (July 30, 2024) – Caesars Entertainment, Inc., (NASDAQ: CZR) ("Caesars," "CZR," "CEI" or "the Company") today reported operating results for the second quarter ended June 30, 2024. Second Quarter 2024 and Recent Highlights: Tom Reeg, Chief Executive Officer of Caesars Entertainment, Inc., commented, "On a consolidated basis, the Company generated $1 billion of Adjusted EBITDA. Our operating results reflect ...

Caesars Entertainment, Inc. (CZR) is scheduled to report second-quarter 2024 results on Jul 30, after the closing bell. In the last reported quarter, the company reported a negative earnings surprise of 1,733.3%. Also, inflationary pressure, primarily in food and beverage and hotel expenses, further strains CZR's profitability. Furthermore, the bottom line is likely to have affected increased property openings and ongoing investments in new projects. For revenues, the consensus mark is pegged at $2.86 billi ...

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 ...

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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 ...