Group 1: Caesars Entertainment Inc - Caesars Entertainment reported third-quarter losses of 4 cents per share, missing analysts' expectations of a profit of 12 cents per share [1] - Revenue also fell short of estimates due to construction-related disruptions in New Orleans during a $435 million renovation [1] - Shares of Caesars Entertainment are down 9.2% at $41.13, with a year-to-date decline of 12.2% [1][3] Group 2: Analyst Insights - The 12-month consensus price target among 18 analysts for Caesars Entertainment is $53.56, indicating a roughly 30% premium to current levels [2] - Options trading activity has increased significantly, with five times the average daily volume, particularly at the January 2026 50-strike call [2] Group 3: Competitor Performance - Wynn Resorts Ltd has seen its stock rise 8.1% since the start of the year, although it has recently stalled after a 24.7% jump in September [4] - Wynn received the first commercial gaming operator license in the UAE, which brought attention to the company [4] - Las Vegas Sands Corp shares are down 0.4% at $53.17, facing pressure at the $54 level, but are up 8% since the beginning of 2024 [5]
Casino Stock Crumbles on Surprise Q3 Loss