Caesars Entertainment, Inc. (CZR) is scheduled to report fourth-quarter 2023 results on Feb 20, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 25.9%.The Trend in Estimate RevisionThe Zacks Consensus Estimate is pegged at a loss of 3 cents per share. In the prior-year quarter CZR incurred a loss of 11 cents.For revenues, the consensus mark is pegged at $2.83 billion, suggesting an increase of 0.4% from the year-ago quarter’s reported figure.Let's take a lo ...

Wall Street analysts expect Caesars Entertainment (CZR) to post quarterly loss of $0.03 per share in its upcoming report, which indicates a year-over-year increase of 72.7%. Revenues are expected to be $2.83 billion, up 0.4% from the year-ago quarter.The current level reflects an upward revision of 4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a co ...

Several positive signs point to potential prosperity as I look at the current financial landscape. The stock market is surging to new highs, with the S&P 500 reaching record territory and the Nasdaq index not far behind. Speculative investments like Bitcoin (BTC-USD) have also been rallying. This shows investors are feeling optimistic about the future.More importantly, key economic indicators seem strong. The labor market remains robust, with unemployment hovering around historic lows. GDP grew a solid 3.3% ...

The market expects Caesars Entertainment (CZR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 20, 2024, might help the stock move higher if these ke ...

As more U.S. states welcome online gaming, big-name casinos and fresh online betting startups jump on board. On the other hand, Macau is still the land of gambling in Asia. It offers hefty rewards for certified and legitimate operators.Slowly recovering from the impacts and damages caused by Covid-19, online gambling sites and casinos are now making a rebound. Additionally, online sports betting and gambling are legalized in most U.S. states. Further, stock related to the industry are impressively gaining t ...

LAS VEGAS--(BUSINESS WIRE)--Legendary entertainer and music icon Donny Osmond extends his award-winning solo residency inside Harrah’s Las Vegas Showroom at Harrah’s Las Vegas through November of 2024. DONNY recently won Best Production Show, Headliner and Family-Friendly Show in the 2023 Best of Vegas, awards the production has received since its debut in 2021. Osmond’s show is a dynamic, energy-filled musical journey of his unparalleled life as one of the most recognized entertainers in the world. Additi ...

LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (the “Company”) (Nasdaq: CZR) today announced the settlement of the cash tender offer for any and all of the Company’s outstanding 6.250% Senior Secured Notes due 2025 (the “Notes”). Additionally, the Company announced it has satisfied and discharged its outstanding Notes in accordance with the terms and conditions of the Notes and the indenture governing the Notes (the “Indenture”). The satisfaction and discharge involves the redemption ...

LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (the “Company”) (Nasdaq: CZR) today announced the settlement of the cash tender offer commenced by its indirect wholly-owned subsidiaries, Caesars Resort Collection, LLC (“CRC”) and CRC Finco, Inc. (“CRC Finco” and, together with CRC, the “Issuers”), for any and all of the Issuers’ outstanding $989,102,000 aggregate principal amount of the 5.750% Senior Secured Notes due 2025 (the “Notes”). Additionally, the Issuers have given notice of th ...

LAS VEGAS--(BUSINESS WIRE)--Caesars Sportsbook, the flagship sports wagering platform of Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”), today released its proposition betting menu for the Super Bowl LVIII matchup between the San Francisco 49ers and the Kansas City Chiefs in Las Vegas. From the coin toss to the final play, sports fans can experience Super Bowl LVIII like never before with Caesars Sportsbook via thousands of game markets, prop bets, same-game parlays, in-game and play-by-play betting, ...

LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (the “Company”) (Nasdaq: CZR) today announced that the previously announced cash tender offer (the “Tender Offer”) for any and all of its outstanding 6.250% Senior Secured Notes due 2025 (the “Notes”) on the terms and subject to the conditions set forth in the Company’s Offer to Purchase, dated January 18, 2024 (the “Offer to Purchase”), and the accompanying Notices of Guaranteed Delivery, dated January 18, 2024 and January 30, 2024 (the “ ...