The company operates as a leading player in the gaming and hospitality industry, primarily focusing on providing an immersive experience through its portfolio of casinos and resorts. It offers a range of gaming options, including slot machines and table games, alongside a variety of dining, entertainment, and retail experiences. By creating vibrant destinations that attract both local patrons and tourists, the company aims to enhance customer engagement and deliver a comprehensive leisure experience. Additionally, it invests in technology and innovation to improve customer service and operational efficiency, positioning itself as a prominent hub for entertainment and excitement.
Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced the closing of the previously announced sale of the LINQ Promenade to a joint venture formed between TPG Real Estate (“TPG”) and the Investment Management Platform of Acadia Realty Trust (“Acadia”) for $275 million. Concurrent with the closing of the transaction, Caesars made a $275 million voluntary prepayment of our Term Loan B due 2030 with the proceeds from the transaction.
A decadent dining and lounge experience by Caesars Entertainment and Tao Group Hospitality is opening soon at Planet Hollywood Resort & Casino. Caramella, a new Italian restaurant with an expansive terrace overlooking The Strip and a swanky cocktail lounge, is now accepting reservations via OpenTable.
Guests were tickled pink at last night’s grand opening event for Lisa Vanderpump’s newest restaurant and cocktail bar, Pinky’s by Vanderpump, at Flamingo Las Vegas.
A freshly baked dining concept awaits at Paris Las Vegas. In partnership with Caesars Entertainment, Chef Dominique Ansel – James Beard Award-winning pastry chef and the creator of the Cronut® – will open his second venue on the Las Vegas Strip, Dominique Ansel Marché at Paris Las Vegas, on Friday, Dec. 6 at noon. As a “thank you” to those looking to take the first bites of Chef Dominique’s signature creations, the first 50 guests will receive a commemorative gift in celebration of the grand opening.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at casino operator stocks, starting with Caesars Entertainment (NASDAQ:CZR).
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Wynn Resorts (NASDAQ:WYNN) and the best and worst performers in the casino operator industry.
Caesars Virginia is excited to announce its highly anticipated opening date will be Thursday, Dec. 12, 2024. The resort will welcome its first guests beginning at noon. Additional details on the opening festivities will be announced at a later date.
Casino stocks MGM and Las Vegas Sands recover post-COVID. With MGM trading at a discount, we explore which stock may hold more upside for investors into 2025.
Hotel and casino entertainment company Caesars Entertainment (NASDAQ:CZR) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 4% year on year to $2.87 billion. Its GAAP loss of $0.04 per share was also 128% below analysts’ consensus estimates.
Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced an agreement to sell the LINQ Promenade to a joint venture to be formed between TPG Real Estate (“TPG”) and the Investment Management Platform of Acadia Realty Trust (“Acadia”) for $275 million. This sale is subject to customary approvals and other closing conditions and is expected to close during the fourth quarter 2024.
Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced the closing of the previously announced sale of its intellectual property rights for the World Series of Poker® (“WSOP”) brand to NSUS Group Inc. (“NSUS”). As previously disclosed, the transaction includes US$250 million in cash and a $250 million promissory note due five years after the transaction’s closing secured by the WSOP intellectual property assets being sold.
Caesars Entertainment, Inc., (NASDAQ: CZR) (“Caesars,” “CZR,” “CEI” or “the Company”) today reported operating results for the third quarter ended September 30, 2024.
Caesars Entertainment celebrated the completion of its $435 million transformation of Harrah’s to Caesars New Orleans on Tuesday, Oct. 22. The raucous event began outside of the casino on Canal St. with a ceremony led by Caesars Entertainment CEO Tom Reeg, Caesars Entertainment President & COO Anthony Carano and Caesars New Orleans General Manager, Samir Mowad, where they, alongside Caesar, joined an iconic New Orleans second-line band in a procession into the casino. Caesars New Orleans Team Members and Mayor Latoya Cantrell joined the celebration to commemorate the historic occasion.
Multi-Michelin-starred chef and television personality Gordon Ramsay is set to open his first Virginia restaurant with the arrival of Ramsay’s Kitchen at Caesars Virginia later this year. Ramsay’s Kitchen is inspired by Chef Ramsay’s travels abroad, taking guests on a global culinary journey infused with flavors close to home.
