CZR benefits from the strong performance in Las Vegas, record occupancy and growth of its sports betting segment.
Caesars Entertainment CEO Tom Reeg on Tuesday discussed the business' recent launch of its new online casino app, Horseshoe.
Tom Reeg, Caesars Entertainment CEO, joins CNBC's 'Squawk Box' to discuss the company's recent stock buyback, the state of discretionary spending, and more.
Caesars Entertainment partners with Sault Ste. Marie Tribe of Chippewa Indians to unveil Horseshoe Online Casino in Michigan.
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October 3, 2024 - Caesars Entertainment (CZR, Financial), the parent company of iconic casinos like Caesar Palace, Harrah's, revealed a $500 million stock repurchase plan to buy back its own shares and issued a $1 billion bond offering. The money from the debt sale is said to be used to pay off older debt, freeing up cash for the repurchase, and potentially improving their overall financial health.
Caesars Entertainment (CZR) shares jumped Wednesday after the hotel and casino operator announced a big new stock buyback, along with a bond offering to pay off older debt.
Shares of Caesars Entertainment Inc (CZR, Financial) surged 6.40% in mid-day trading on Oct 2. The stock reached an intraday high of $43.73, before settling at $43.41, up from its previous close of $40.80.
Caesars Entertainment (CZR) reported earnings 30 days ago. What's next for the stock?
Cash flow continues to be strong on the Las Vegas Strip.
Caesars Entertainment (CZR) second-quarter 2024 results suffer due to dismal Las Vegas revenues and competitive pressure in the Regional segment.
Caesars Entertainment, Inc. (NASDAQ:CZR ) Q2 2024 Earnings Conference Call July 30, 2024 5:30 PM ET Company Participants Brian Agnew - SVP, Corporate Finance, Treasury and IR Anthony Carano - President and COO Eric Hession - President, Caesars Sports and Online Gaming Bret Yunker - CFO Tom Reeg - CEO Conference Call Participants Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank Brandt Montour - Barclays Dan Politzer - Wells Fargo Steven Wieczynski - Stifel Shaun Kelley - Bank of America Barry Jonas - Truist Securities John DeCree - CBRE Securities David Katz - Jefferies Chad Beynon - Macquarie Jordan Bender - JMP Securities Daniel Guglielmo - Capital One Securities Operator Hello, thank you for standing by. Welcome to Caesars Entertainment, Inc. 2024 Second Quarter Earnings Call.