Caesars Entertainment, Inc. (CZR)
| Market Cap | 9.90B |
| Revenue (ttm) | 11.42B |
| Net Income (ttm) | 688.00M |
| Shares Out | 215.29M |
| EPS (ttm) | 3.18 |
| PE Ratio | 14.47 |
| Forward PE | 29.62 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,278,518 |
| Open | 47.92 |
| Previous Close | 47.51 |
| Day's Range | 45.94 - 48.18 |
| 52-Week Range | 31.31 - 60.27 |
| Beta | 2.91 |
| Analysts | Buy |
| Price Target | 71.80 (+56.09%) |
| Earnings Date | Oct 31, 2023 |
About CZR
Caesars Entertainment, Inc. operates as a gaming and hospitality company in the United States. The company owns, leases, or manages domestic properties in 16 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts sports wagering across 28 jurisdictions in North America, including mobile for sports betting and regulated online real money gaming in six jurisdictions in North America; retail and online gaming and sports betting; and other games, such ... [Read more]
Financial Performance
In 2022, CZR's revenue was $10.82 billion, an increase of 13.07% compared to the previous year's $9.57 billion. Losses were -$899.00 million, -11.78% less than in 2021.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for CZR stock is "Buy." The 12-month stock price forecast is $71.8, which is an increase of 56.09% from the latest price.
News
Gen Z Hackers behind MGM , Caesars breaches ‘more sophisticated' and ‘ruthless'
Ransomware attacks are not new, but the group behind the casino breaches was extraordinarily skilled at social engineering and bypassing multi-factor authentication.
Casino's have some of the worst cybersecurity, says TrustedSEC's David Kennedy
David Kennedy, TrustedSEC CEO, joins 'Power Lunch' to break down the latest casino hacks.
MGM and Caesars hit with massive cyber attack
Two major Las Vegas casinos were overcome by ransomware attacks attributed to the cybercriminal group, Scattered Spider. Computer systems at MGM were shut down, freezing slots machines, ATMs, elevator...
MGM and Caesars hacked: FBI investigating cyber intrusion
CNBC's Contessa Brewer reports on a cybersecurity hack in the casino industry.
Caesars and MGM grapple with hacks as cybersecurity in Vegas is under scrutiny
Hackers stole Social Security numbers and driver's license numbers from a "significant number" of loyalty program customers of Caesars Entertainment, the hospitality and casino giant said Thursday.
Caesars paid millions in ransom to cybercrime group prior to MGM hack
There have now been two highly disruptive attacks on the gaming industry in a matter of weeks.
MGM's and Caesars' updates on cyberattacks leave customers wanting to know more
MGM Resorts International and rival Caesars Entertainment Inc. offered updates Thursday on recent cyberattacks, but the two hotel and casino operators left some stakeholders clamoring for more informa...
Caesars reportedly paid ransom to hackers after cyberattack
Caesars Entertainment (CZR) paid a ransom after getting hit by a cyberattack, according to a report from The Wall Street Journal. According to the WSJ, the company paid approximately half of the origi...
Caesars Entertainment says customer data stolen in cyberattack
Hotel and casino giant Caesars Entertainment said Thursday that hackers stole a huge trove of customer data in a recent cyberattack, confirming recent media reports.
Caesars confirms cyber attack, says it has ‘taken steps' to assure stolen data was deleted
Caesars Entertainment Inc. CZR, +1.55% disclosed Thursday that it has recently identified “suspicious activity” in its information technology network resulting from a “social engineering attack” on an...
Cyberattacks Pound MGM and Caesars Stock. Get Used to It.
Ransomware attackers are on a roll. A looming regulatory shift means investors will get more insight from companies, and it may be ugly.
Report: Caesars Entertainment Paid $15 Million Ransom After Cyberattack
Caesars Entertainment, the operator of Caesars Palace in Las Vegas, reportedly fell victim to a cyberattack during the summer and paid a ransom of approximately $15 million to the hackers. The company...
Caesars reportedly paid ransom to hackers, while MGM Resorts is still dealing with cyberattack
Shares of Caesars Entertainment Inc. CZR, -2.73% slumped Wednesday following reports that the casino operator paid millions of dollars in ransom after it was hit by a cyberattack last month.
Caesars Entertainment reportedly paid ransomware demand
Caesars Entertainment reportedly experienced a cyberattack not long ago that resulted in some of its data getting exposed to hackers, according to Bloomberg.
Caesars Sportsbook Opens at Red Mile Gaming & Racing in Lexington
LEXINGTON, Ky.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) – in partnership with Keeneland and Red Mile Gaming & Racing – celebrated the grand opening of Caesars Sportsbook...
Caesars Sportsbook Launches for Registration in Kentucky
LEXINGTON, Ky.--(BUSINESS WIRE)--Mobile sports betting is coming to Kentucky, and Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced that its flagship sports wagering app, Caesars S...
Chef Nobu Matsuhisa Hosts 10th Anniversary Celebration for Nobu Hotel Caesars Palace and Nobu Hotels Oct. 27
LAS VEGAS--(BUSINESS WIRE)--In 2013, Caesars Entertainment and Nobu Hospitality – the global lifestyle brand founded by Nobu Matsuhisa, Robert De Niro and Meir Teper – developed the first celebrity ch...
Legendary Peter Luger Steak House is Now Accepting Reservations at Caesars Palace
LAS VEGAS--(BUSINESS WIRE)--The long-awaited Peter Luger Steak House Las Vegas is now accepting reservations through OpenTable. The Caesars Palace location marks the first domestic expansion for the s...
IGT PlayDigital™ Delivers Bespoke CAESARS CLEOPATRA Game as Launch Title for Caesars Palace Online Casino
iGaming operator looks to IGT's high-performing omnichannel game theme, Cleopatra, to differentiate its offering and drive play across North American online casino market LONDON , Aug. 22, 2023 /PRNew...
Caesars Entertainment Launches Caesars Racebook in New York
LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) today announced that its horse racing account wagering app, Caesars Racebook, is now live in New York State. Horse racing fans in ...
Your Palace Awaits! Caesars Palace Goes Mobile with the Launch of Caesars Palace Online Casino
LAS VEGAS--(BUSINESS WIRE)--The most iconic brand in gaming and the most rewarding place to play casino games on the Las Vegas Strip is now available online. Caesars Entertainment, Inc. (NASDAQ: CZR) ...
Caesars Entertainment Releases 14th Annual Corporate Social Responsibility Report
LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR), the largest casino-entertainment company in the U.S., today released its 2022 Corporate Social Responsibility report. The report ...
Caesars CEO Tom Reeg talks Caesars' strong quarterly report
Tom Reeg, CEO of Caesars Entertainment, joins 'Last Call' to talk Caesars' quarterly earnings report, the state of travel in the U.S., sports betting and more.
Caesars Entertainment, Inc. Reports Second Quarter 2023 Results
LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc., (NASDAQ: CZR) (“Caesars,” “CZR,” “CEI” or “the Company”) today reported operating results for the second quarter ended June 30, 20...
Caesars Sportsbook Goes Live with Mobile Sports Betting in Puerto Rico
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Eligible Puerto Rico residents can visit Casino Metro to verify their mobile sports wagering account and bet on sports anywhere in the Commonwealth.