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.
Caesars Entertainment Inc (CZR) operates a diversified portfolio of casino resorts and digital platforms across the United States. This news hub provides investors and industry observers with official press releases, financial updates, and strategic announcements from one of gaming's most established operators.
Access real-time updates on earnings reports, property expansions, and regulatory developments alongside analysis of Caesars' digital initiatives like sports betting integrations. Our curated feed includes announcements about flagship brands including Harrah's, Tropicana, and the Caesars Rewards loyalty program.
Key areas of coverage include casino operations, hospitality partnerships, technology implementations, and market expansion strategies. Bookmark this page for streamlined access to CZR's evolving position in the competitive entertainment landscape.
Caesars Entertainment, Inc. (CZR) announced plans to offer $1,250 million in senior secured notes due 2030. The offering targets institutional buyers and international investors, with guarantees from existing and future subsidiaries. Concurrently, Caesars will amend its credit agreement to establish a new $1.75 billion senior secured term loan. Proceeds from the notes and loans will be utilized to repay existing loans of Caesars Resort Collection and cover related expenses. The notes won't be registered under the Securities Act and are subject to market conditions.
On January 9, 2023, The Chicks announced their first Las Vegas engagement at Zappos Theater, Planet Hollywood Resort & Casino, scheduled for May 3, 5, 6, 10, 12, and 13, 2023, with shows starting at 8 p.m. Tickets go on sale to the public on January 13, 2023, at 10 a.m. PT, with presales starting January 10 for Citi cardmembers. The Chicks expressed excitement for the upcoming performances, stating they are eager to continue their tour following their 2022 return to live music.
Caesars Entertainment, a leading casino-entertainment provider, will announce its Q4 and full year 2022 financial results on February 21, 2023, post-market. A conference call at 5:00 p.m. ET will follow to discuss these results. Interested participants can register here. The call will also be accessible via webcast on their website. A replay will be available for 90 days.
Caesars Entertainment has launched its Caesars Sportsbook app and retail locations for legal sports betting in Ohio, effective January 1, 2023. Fans can now bet on sports through the app or at new venues in Cleveland and Columbus, including Eldorado Gaming Scioto Downs and Rocket Mortgage FieldHouse. The launch enhances Caesars' customer experience, promoting responsible gaming practices. The Caesars Sportsbook app features extensive betting options and ties into the Caesars Rewards loyalty program, offering benefits for users.
Caesars Entertainment announced the launch of the extravagant "Emperor Package" for the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX, priced at $5 million. This luxurious package offers a five-night stay in the Nobu Sky Villa, featuring unparalleled racetrack views, 24-hour butler service, and exclusive access to various amenities. Key highlights include a private dining experience with Chef Nobu Matsuhisa, 12 tickets to the Paddock Club™, and various premium services and experiences during the race weekend, set for November 16-18, 2023.
Casino Metro in Puerto Rico has launched a retail sportsbook in partnership with Caesars Sportsbook. This initiative, branded as "MetroBets with Caesars Sportsbook," will create over 30 new jobs. The retail sportsbook features three betting windows and 12 self-service kiosks, with plans for mobile app launch in Puerto Rico in 2023, pending regulatory approvals. Casino Metro is also expanding its gaming space by 7,000 square feet, aiming to enhance the customer experience with more entertainment options.
The World Series of Poker (WSOP), hosted by Caesars Entertainment (CZR), is set for its 54th tournament from May 30 to July 18, 2023, at Paris Las Vegas and the future Horseshoe. The event follows a record-breaking $347.9 million total prize pool in 2022, attracting 197,626 entrants. The Main Event will take place between July 3 and 6, with multiple starting days and a $10,000 buy-in. Early booking for reduced room rates is available. The full tournament schedule will be announced in 2023.
Spiegelworld will debut The Hook at Caesars Atlantic City on June 30, 2023, marking the city's first permanent live entertainment destination. The venue will host a multi-million-dollar renovation of the iconic Warner Theatre, featuring a world-premiere live show and the acclaimed Superfrico restaurant. This initiative is part of a larger $400 million investment by Caesars Entertainment in Atlantic City, which includes new dining options and upgraded accommodations. Tickets are now on sale.
Genius Sports and the NFL have expanded their partnership to provide U.S. sportsbooks with live video streams of select NFL games. Caesars Sportsbook is the first to offer this unique 'Watch & Bet' feature on mobile devices, enhancing the in-game betting experience for its users. This partnership allows for data-driven betting opportunities alongside live streaming, utilizing Genius Sports' technology for engaging fan experiences. The initiative aims to boost market share in North America, leveraging the NFL's popularity and official data integration.
Miranda Lambert has extended her acclaimed Las Vegas residency, "Velvet Rodeo," at the Zappos Theater through the end of 2023, driven by strong fan demand. The new shows, totaling 16, are scheduled for July, November, and December 2023. With 11 shows already completed, Lambert's residency has garnered praise from multiple sources, highlighting her vocal prowess and engaging performances. Tickets go on sale to the public on Dec. 9, with presale options for fan club members and Citi cardholders starting on Dec. 5. A portion of ticket sales will support Lambert's MuttNation Foundation.
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