Caesars Entertainment (Acquired by Eldorado Resorts) Overview

  • Founded
  • 1937
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 15,500
Employees
  • Latest Deal Type
  • M&A
  • Financing Rounds
  • 16
  • Investments
  • 22

Caesars Entertainment (Acquired by Eldorado Resorts) General Information

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 (61% of 2019 EBITDAR) and other U.S. (44%), with the remainder from managed, license, and joint venture properties. In June 2019, Eldorado proposed an acquisition of Caesars, which we expect to close in the near future.

Contact Information

Formerly Known As
Harrah's Entertainment
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Primary Industry
Casinos and Gaming
Other Industries
Leisure Facilities
Primary Office
  • One Caesars Palace Drive
  • Las Vegas, NV 89109
  • United States
+1 (702) 000-0000
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Caesars Entertainment (Acquired by Eldorado Resorts) Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Caesars Entertainment (Acquired by Eldorado Resorts) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Caesars was founded in 1937 and today operates 49 casino properties in 13 U.S. states and five countries (with a sixth n
Casinos and Gaming
Las Vegas, NV
15,500 As of 2020
00.000
0.00 0000-00-00
000000&0

0000000

rcitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehen
0000000 000 000000
Reno, NV
00000 As of 0000
000.00
000000 - 000 000.00

00000 00

d minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. D
0000000 000 000000
Admiralty, Hong Kong
00000 As of 0000
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Caesars Entertainment (Acquired by Eldorado Resorts) Competitors (6)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Caesars Entertainment Formerly PE-Backed Reno, NV 00000 000.00 000000 - 000 000.00
00000 00000 Corporation Admiralty, Hong Kong 00000
000000 00000000000 Corporation Central, Hong Kong 00000 00000 00000000000 00000
000 0000000 000000 Corporation Las Vegas, NV 00000 00.000 00000000000 00.000
0000 0000000 Corporate Backed or Acquired Las Vegas, NV 00000 00000 000000&0
To view Caesars Entertainment (Acquired by Eldorado Resorts)’s complete competitors history, request access »

Caesars Entertainment (Acquired by Eldorado Resorts) Executive Team (30)

Name Title Board Seat Contact Info
Anthony Rodio Chief Executive Officer & Board Member
Chris Holdren Co-President, Caesars Sports & Online Gaming
Tom Jenkin Global President
Eric Hession Executive Vice President & Chief Financial Officer
Les Ottolenghi Chief Information Officer and Executive Vice President
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Caesars Entertainment (Acquired by Eldorado Resorts) Board Members (24)

Name Representing Role Since
0000000 00000 Caesars Entertainment (Acquired by Eldorado Resorts) Chief Executive Officer & Board Member 000 0000
00000 0000 Self Chairman 000 0000
00000 000000 Self Board Member 000 0000
000 00000 0000000000 Caesars Entertainment (Acquired by Eldorado Resorts) Board Member 000 0000
00000 00000 Self Board Member 000 0000
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Caesars Entertainment (Acquired by Eldorado Resorts) Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Caesars Entertainment (Acquired by Eldorado Resorts) Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Caesars Entertainment (Acquired by Eldorado Resorts) Investments & Acquisitions (22)

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)
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Caesars Entertainment (Acquired by Eldorado Resorts) Subsidiaries (11)

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
000 0000000 000000 Hotels and Resorts Las Vegas, NV 0000
000000 000000000 0 Leisure Facilities Robinsonville, MS 0000
000000000 00000000 Hotels and Resorts Bossier City, LA 0000
You’re viewing 5 of 11 subsidiaries. Get the full list »

Caesars Entertainment (Acquired by Eldorado Resorts) Exits (4)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000000 25-Feb-2019 000000000 Completed
  • 0000000 0000000000
00000000 18-May-2011 000000000000000000 000.00 Completed
  • 0000000 0000000000
0000000 0000 02-Aug-2005 000000000 00000000 Completed
  • 2 buyers
Horseshoe Gaming Holding 01-Jan-2004 Merger/Acquisition 00.000 Completed
To view Caesars Entertainment (Acquired by Eldorado Resorts)’s complete exits history, request access »