Welcome to our dedicated page for Caesars Entertainment news (Ticker: CZR), a resource for investors and traders seeking the latest updates and insights on Caesars Entertainment stock.
News and press releases for Caesars Entertainment, Inc. (NASDAQ: CZR) highlight the company’s activities as a major casino-entertainment operator with a significant digital presence. Investors and followers of CZR can use this page to review company-issued updates on financial performance, property developments, digital product launches and corporate governance events.
Recent news includes quarterly earnings announcements, where Caesars reports net revenues, segment results for its Las Vegas, regional, Caesars Digital and managed and branded operations, and non-GAAP measures such as Adjusted EBITDA. These releases often feature commentary from senior leadership on trends across its resort portfolio and digital platforms.
Caesars also issues news about the expansion of its Caesars Sportsbook and online casino offerings. Examples include the launch of mobile and in-person sports wagering in Missouri, the opening of new Caesars Sportsbook locations at properties like Harrah’s Kansas City, Horseshoe St. Louis and Monmouth Park in New Jersey, and partnerships to bring a Caesars Sportsbook to Rampart Casino in the Summerlin area, subject to regulatory approval. Other announcements describe enhancements to the Caesars Palace Online Casino app, such as the Caesars Rewards Shop feature for redeeming Reward Credits.
Entertainment and hospitality updates are another recurring theme. Releases cover developments at Caesars Palace in Las Vegas, including recognition for Restaurant Guy Savoy and new residencies at The Colosseum, such as Cyndi Lauper: Live in Las Vegas. Corporate governance items, like a board member’s planned retirement, are reported through both SEC filings and associated press statements.
By reviewing this news feed, readers can follow how Caesars Entertainment presents its strategy across resort operations, digital gaming, loyalty integration and responsible gaming initiatives, as well as track notable property-level and brand-level milestones.
On September 7, 2023, Caesars Entertainment's loyalty program, Caesars Rewards, experienced a significant data breach.
Over 65 million members had their personal information, including names, birth dates, Social Security Numbers, and driver’s license details, compromised.
Levi & Korsinsky LLP is investigating potential compensation for affected customers.
Individuals who received a notification about the breach may be eligible for compensation.
The law firm is offering its services on a contingency basis, meaning they only get paid if the affected members are compensated.
For more information, affected members can visit the firm's website.
Caesars Entertainment has opened its first property in Nebraska, Harrah's Columbus, NE Racing & Casino. The grand opening featured a ribbon-cutting ceremony, giveaways, and the first bets at the casino. The new facility includes a 17,000-square-foot casino floor with 400 slot machines, 11 table games, and a Caesars Race & Sportsbook, which marked its debut in Nebraska. The property also houses the Brew Brothers restaurant and the Wishbones bar. A Marriott hotel is under construction nearby, scheduled to connect to the casino later this year. Additionally, the venue will feature a one-mile racetrack hosting live races from August 16 to September 15. Harrah's Columbus is part of the Caesars Rewards network, allowing guests to earn and redeem credits at over 50 properties across North America.
On September 7, 2023, Caesars Rewards, a loyalty program under Caesars Entertainment (NASDAQ: CZR), experienced a major data breach, exposing the personal information of over 65 million members. The compromised data includes names, birth dates, Social Security Numbers, and driver's license information. Levi Korsinsky, LLP is investigating potential compensation for affected customers. Members who received a breach notification may qualify for compensation. Levi & Korsinsky is a renowned consumer advocacy law firm with a successful track record in recovering funds for clients.
Four Seasons Hotel St. Louis, in partnership with Horseshoe St. Louis, has launched Ramsay's Kitchen By Gordon Ramsay, marking the renowned chef's first restaurant in St. Louis. Located on the hotel's eighth floor, the restaurant offers stunning views of the Gateway Arch and Mississippi River, seating over 250 guests. The menu features signature dishes like Beef Wellington, Crispy Skin Salmon, and STL Style Ribs, along with a variety of handcrafted cocktails.
Designed by AO, the restaurant boasts a warm and sophisticated ambiance, celebrating both Ramsay's culinary style and local culture. The seasonal outdoor RK Bar offers a cozy setting centered by a fire pit and water feature. Ramsay's Kitchen is now open for breakfast, lunch, and dinner, with reservations available on OpenTable.
Shania Twain has debuted her new Las Vegas residency show, COME ON OVER – The Las Vegas Residency – All The Hits! at Bakkt Theater, Planet Hollywood Resort & Casino. This marks her third residency on the Las Vegas Strip and celebrates the 25th anniversary of her iconic album, Come On Over. The show includes hits like “Man! I Feel Like A Woman!” and “You’re Still The One”. Tickets are on sale through December 2024, with $1 from each ticket benefiting Shania Kids Can, a charity supporting at-risk children.
Legendary comedian and actor Martin Short has been appointed as the new mayor of Funner, California, succeeding former mayors Jane Lynch, Rob Riggle, and David Hasselhoff. The official oath ceremony was held at Harrah's Resort Southern California, with Mayor Marty pledging to enhance the city's fun-filled experiences. His plans include innovative projects like 'Short On Time' spa offerings and 'Buckets of Fun' hotel package. Mayor Marty aims to make Funner a top destination known for unique and entertaining experiences.
Caesars Rewards, a loyalty program by Caesars Entertainment, Inc. (NASDAQ:CZR), experienced a significant data breach compromising personal information of over 65 million members. Levi Korsinsky, LLP is investigating potential compensation for affected customers. Data breaches can lead to identity theft, financial fraud, and other serious consequences.
Caesars Rewards, a loyalty program by Caesars Entertainment, Inc. (NASDAQ:CZR), experienced a significant data breach affecting over 65 million members. Levi Korsinsky, LLP is investigating potential compensation for affected individuals. Data compromised includes personal details like names, birth dates, Social Security Numbers, and driver's license information.
Caesars Entertainment, Inc. reported first-quarter 2024 results with GAAP net revenues of $2.7 billion, a net loss of $158 million, and Same-store Adjusted EBITDA of $853 million. Despite challenges in Las Vegas and Regional segments, the company remains optimistic for improved results throughout the year.
Caesars Entertainment, Inc. upgrades its Caesars Palace Online Casino mobile app on iOS and Android with a revolutionary multi-lobby navigation layout, providing a best-in-class iGaming experience. The new features include curated lobbies for slots, table games, and Live Dealer, lightning-fast functionality, personalized 'For You' tab, and a unique interface design. The app offers a seamless user experience with fast speed enhancements and a steady stream of exclusive Caesars-branded games. Players can earn rewards through Caesars Rewards Credits, redeemable for various experiences. Caesars Entertainment emphasizes Responsible Gaming and holds the prestigious RG Check accreditation for its sports wagering platform. The Caesars Palace Online Casino app is part of Caesars Digital's iGaming platforms and is available in select states and Ontario for players 21 and older on iOS, Android, or the website.