Caesars Entertainment Overview
- Year Founded
-
1937
- Status
-
Public
- Employees
-
51,000
- Stock Symbol
-
CZR
- Investments
-
18
- Share Price
-
$34.59
- (As of Friday Closing)
Caesars Entertainment General Information
Description
Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (49% of 2023 EBITDAR before corporate expenses) and regional (48%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced marginal EBITDA in 2023. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.
Contact Information
Website
www.caesars.comCorporate Office
- One Caesars Palace Drive
- Las Vegas, NV 89109
- United States
Corporate Office
- One Caesars Palace Drive
- Las Vegas, NV 89109
- United States
Caesars Entertainment Timeline
Caesars Entertainment Stock Performance
As of 24-Jan-2025, Caesars Entertainment’s stock price is $34.59. Its current market cap is $7.35B with 212M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $34.59 | $34.15 | $30.78 - $45.93 | $7.35B | 212M | 4.28M | -$1.68 |
Caesars Entertainment Financials Summary
As of 30-Sep-2024, Caesars Entertainment has a trailing 12-month revenue of $11.3B.
|
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 33,480,947 | 34,429,517 | 33,527,950 | 45,919,287 |
| Revenue | 11,271,000 | 11,528,000 | 10,821,000 | 9,570,000 |
| EBITDA | 3,451,000 | 3,543,000 | 2,905,000 | 2,152,000 |
| Net Income | (361,000) | 786,000 | (899,000) | (1,019,000) |
| Total Assets | 32,969,000 | 33,366,000 | 33,527,000 | 38,031,000 |
| Total Debt | 25,400,000 | 25,071,000 | 25,427,000 | 26,265,000 |
Caesars Entertainment Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Caesars Entertainment Comparisons
Industry
Financing
Details
Caesars Entertainment Competitors (17)
One of Caesars Entertainment’s 17 competitors is Boyd Gaming, a Private Debt Financed company based in Las Vegas, NV.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Boyd Gaming | Private Debt Financed | Las Vegas, NV | ||||
| PENN Entertainment | Corporation | Wyomissing, PA | ||||
| MGM Resorts International | Corporation | Las Vegas, NV | ||||
| Red Rock Resorts | Formerly PE-Backed | Las Vegas, NV | ||||
| Wynn Resorts | Corporation | Las Vegas, NV |
Caesars Entertainment Patents
Caesars Entertainment Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-1346447-B1 | Integrated wiring system for electrical cabinet | Inactive | 28-Dec-2000 | ||
| EP-1346447-A1 | Integrated wiring system for electrical cabinet | Active | 28-Dec-2000 |
Caesars Entertainment Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Caesars Entertainment Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Caesars Entertainment Investments & Acquisitions (18)
Caesars Entertainment’s most recent deal was a Merger/Acquisition with ZeroFlucs. The deal was made on 05-Jul-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| ZeroFlucs | 05-Jul-2024 | Merger/Acquisition | Entertainment Software | ||
| WynnBET (Michigan iGaming Business) | 18-Jun-2024 | Merger/Acquisition | Casinos and Gaming | ||
| William Hill | 22-Apr-2021 | Merger/Acquisition | Casinos and Gaming | ||
| SuperDraft (Salem) | 25-Jan-2021 | Corporate | Entertainment Software | ||
| Lumière Place Casino And Hotel | 29-Sep-2020 | Merger/Acquisition | Casinos and Gaming |
Caesars Entertainment ESG
Risk Overview
Risk Rating
Updated November, 27, 2024
19.88 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,104
Rank
Percentile
Consumer Services
Industry
of 473
Rank
Percentile
Casinos and Gaming
Subindustry
of 73
Rank
Percentile
Caesars Entertainment Exits (3)
Caesars Entertainment’s most recent exit was on 25-Jan-2021 from SuperDraft (Salem). The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| SuperDraft (Salem) | 25-Jan-2021 | Completed |
|
||
| Eldorado Resort Casino Shreveport | 08-Sep-2005 | Completed |
|
||
| Eldorado Resort Casino Shreveport | Secondary Transaction - Private | Completed |
Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| ZeroFlucs | Newstead, Australia | 2021 | |
| LINQ Promenade | Las Vegas, NV | 2013 | |
| Caesars Entertainment (Online Gaming Division) | Reno, NV |
Caesars Entertainment FAQs
-
When was Caesars Entertainment founded?
Caesars Entertainment was founded in 1937.
-
Where is Caesars Entertainment headquartered?
Caesars Entertainment is headquartered in Las Vegas, NV.
-
What is the size of Caesars Entertainment?
Caesars Entertainment has 51,000 total employees.
-
What industry is Caesars Entertainment in?
Caesars Entertainment’s primary industry is Casinos and Gaming.
-
Is Caesars Entertainment a private or public company?
Caesars Entertainment is a Public company.
-
What is Caesars Entertainment’s stock symbol?
The ticker symbol for Caesars Entertainment is CZR.
-
What is the current stock price of Caesars Entertainment?
As of 24-Jan-2025 the stock price of Caesars Entertainment is $34.59.
-
What is the current market cap of Caesars Entertainment?
The current market capitalization of Caesars Entertainment is $7.35B.
-
What is Caesars Entertainment’s current revenue?
The trailing twelve month revenue for Caesars Entertainment is $11.3B.
-
Who are Caesars Entertainment’s competitors?
Boyd Gaming, PENN Entertainment, MGM Resorts International, Red Rock Resorts, and Wynn Resorts are some of the 17 competitors of Caesars Entertainment.
-
What is Caesars Entertainment’s annual earnings per share (EPS)?
Caesars Entertainment’s EPS for 12 months was -$1.68.
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