Caesars Entertainment
1937
FOUNDED
PUBLIC
STATUS
50K-55K
EMPLOYEES
CZR
STOCK SYMBOL
21
INVESTMENTS
$13.60
SHARE PRICE
(As of Friday Closing)
Description
Caesars was founded in 1937 and today operates 49 casino properties in 13 U.S. states and five countries (with a sixth noncasino resort in Dubai), primarily under the Caesars, Harrah's, and Horseshoe brands (while also operating the Flamingo, Paris, Rio, and Planet Hollywood in Las Vegas). Between January 2015 and October 2017, Caesars Entertainment went through a reorganization under bankruptcy. Today, Caesars' three main segments are Las Vegas (58% of estimated 2019 EBITDAR) and Other U.S. (45%), with the remainder from managed, license, and joint venture properties. In June 2019, Eldorado proposed an acquisition of Caesars (scheduled to close in the first half of 2020).
Website
Formerly Known As
Harrah's Entertainment
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Casinos and Gaming
Other Industries
Leisure Facilities
Stock Exchange
NAS
Primary Office
- One Caesars Palace Drive
- Las Vegas, NV 89109
- United States
+1 (702) 000-0000
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Caesars Entertainment Stock Performance
| 52 wk Range | Market Cap | Prev. Close | EPS | Average Volume | Shares |
|---|---|---|---|---|---|
| $8.00 - $13.85 | $9.3B | $13.74 | -$1.03 | 12M | 681M |
Caesars Entertainment Financials Summary
|
In Thousands,
USD |
TTM
30-Sep-2019
|
FY 2018
31-Dec-2018
|
FY 2017
31-Dec-2017
|
FY 2016
31-Dec-2016
|
|---|---|---|---|---|
| Enterprise Value | 25,344,763 | 22,019,487 | 15,671,260 | 8,054,182 |
| Revenue | 8,688,000 | 8,391,000 | 4,868,000 | 3,877,000 |
| EBITDA | 1,626,000 | 2,674,000 | (971,000) | (5,093,000) |
| Net Income | (693,000) | 303,000 | (368,000) | (3,049,000) |
| Total Assets | 25,475,000 | 25,775,000 | 25,436,000 | 14,923,000 |
| Total Debt | 18,645,000 | 19,042,000 | 18,277,000 | 6,838,000 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Caesars Entertainment Valuation and Funding
| Deal Type | Date | Amount | Post-Val | Valuation/ EBITDA |
Debt | Status |
|---|
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Request full access to PitchBookCaesars Entertainment Competitors (4)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Wynn Resorts | Failed Transaction (M&A) | Las Vegas, NV | 00000 | 00000 | 000000&0 | |
| 00000 00000 | Corporation | Admiralty, Hong Kong | 00000 | |||
| 000 0000000 000000 | Corporation | Las Vegas, NV | 00000 | 00.000 | 000000000-00 | 00.000 |
| 0000 000000 | Corporation | Las Vegas, NV | 00000 | 000.00 | 000000000 | 000.00 |
Caesars Entertainment Investments & Acquisitions (21)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0000000000 | 25-Feb-2019 | 000000000 | Entertainment Software | ||
| 000000 000000000 | 13-Sep-2018 | 00000 0000000 | Other Commercial Services | 0000 00000000 | |
| 0000000 000000 | 17-Jul-2018 | 000000000000000000 | 00.00 | Casinos and Gaming | 0000 00000000 |
| 0000000 0000000000 | 06-Oct-2017 | 000000000000000000 | Casinos and Gaming | 0000 00000000 | |
| Pacific Interactive UK | 13-Feb-2014 | Merger/Acquisition | 000.00 | Other Services (B2C Non-Financial) |
Caesars Entertainment Exits (3)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 00000000 | 18-May-2011 | 000000000000000000 | 000.00 | Completed |
|
| 0000000 0000 | 02-Aug-2005 | 000000000 00000000 | Completed |
|
|
| Horseshoe Gaming Holding | 01-Jan-2004 | Merger/Acquisition | 00.000 | Completed |
Caesars Entertainment Subsidiaries (4)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Pacific Interactive UK | Other Services (B2C Non-Financial) | London, United Kingdom | 2011 |
| 0000000 00000 | Entertainment Software | Castro Valley, CA | 0000 |
| 000000 00000 00000 | Casinos and Gaming | London, United Kingdom | 0000 |
| 0000000 0000000000 | Corporate Pension | Las Vegas, NV | 0000 |
Caesars Entertainment Investors
| Investor Name | Investor Type | Holding | Participating Rounds | Investor Since | Board Seat | Contact Info |
|---|
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Request full access to PitchBookCaesars Entertainment Executive Team (28)
17 Former Executives
You’re viewing 5 of 28 executives. Get the full list »Caesars Entertainment Board Members (19)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| 0000000 00000 | Caesars Entertainment | Chief Executive Officer & Board Member | 000 0000 | |
| 00000000 000000 | Caesars Entertainment | Board Member | 000 0000 | |
| 000000 00000 | Self | Board Member | 000 0000 | |
| 00000 000000 | Self | Board Member | 000 0000 | |
| 00000 0000000000 | Caesars Entertainment | Board Member | 000 0000 |
12 Former Board Members
You’re viewing 5 of 19 board members. Get the full list »