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. reports developments across its casino-resort portfolio, digital wagering business and hospitality brands. The company operates and manages Caesars, Harrah’s, Tropicana, Flamingo and other gaming destinations in Las Vegas, Atlantic City and regional markets, and it connects guests through the Caesars Rewards loyalty program.
Recurring updates include quarterly operating results, Caesars Digital performance, hotel and dining offers, entertainment residencies at Caesars Palace venues, resort renovation and amenity projects, and managed-casino openings such as Harrah’s Oklahoma. News also covers capital resources and debt levels when the company releases financial results.
Caesars Entertainment (NASDAQ: CZR) launched its mobile app, Caesars Sportsbook, in Wyoming, enhancing the state's sports betting capabilities. The new native iOS app focuses on speed and usability, integrating with the Caesars Rewards program for exclusive benefits. Users can earn rewards on every bet, and first-time players can receive a free bet up to $1,500 if their initial wager doesn't win. The app aims to provide a responsible gaming environment with built-in support tools. Currently, Caesars Sportsbook is operational in 24 locations across the U.S.
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Jeff Dunham announces three new performance dates for his show "JEFF DUNHAM: SERIOUSLY!?" at Zappos Theater in Planet Hollywood Resort & Casino. The shows are scheduled for November 5, November 12, and December 2, 2022. Tickets go on sale to the public on July 23, 2022, at 10 a.m. PT. Presale access for Jeff Dunham's fan club starts on July 20. Citibank cardholders and Caesars Rewards members can also purchase presale tickets on July 20 and July 21 respectively. Dunham is recognized for breaking records in the comedy industry.
Caesars Entertainment and Tao Group Hospitality are set to launch a new dining concept, Stanton Social Prime, at Caesars Palace Las Vegas, spearheaded by Chef Chris Santos. Positioned next to OMNIA Nightclub, the restaurant is slated to open this winter, featuring popular dishes from the original Stanton Social in New York. This partnership aims to enhance the culinary offerings at Caesars Palace, known for its renowned restaurants. The venue will contribute to a diverse dining experience within the resort.
Caesars Entertainment has awarded the inaugural Don Carano Legacy Scholarship to 22 U.S. students, providing up to $20,000 for their college education. Each recipient will receive $5,000 annually, renewable for four years. This scholarship honors Don Carano's dedication to family and education. It is part of the company's 'All-in On Education' program, which includes various educational benefits for team members. The recipients come from diverse backgrounds across multiple states, reflecting Caesars' commitment to supporting its employees' families.
Workforce Edge has partnered with Caesars Entertainment to offer nearly 50,000 U.S.-based Team Members access to low to no-cost degrees through Strayer University and Capella University. This initiative supports Caesars’ tuition benefit campaign, “All-In On Education,” providing eligible employees with no out-of-pocket costs for Sophia Learning courses. The partnership aims to enhance workforce education and economic mobility. Effective July 6, 2022, Workforce Edge will manage tuition assistance benefits, aiding employees in their educational journey.
Caesars Entertainment announced the upcoming opening of a state-of-the-art sportsbook and World Series of Poker Room at Harrah's New Orleans, scheduled for Fall 2022. The facilities will encompass over 10,000 square feet, featuring a 5,700-square-foot sportsbook with 12 self-service kiosks and a 147-foot video screen. The poker room will host various live games and weekly tournaments. This $325 million investment is part of the broader transformation of Harrah's into Caesars New Orleans, reinforcing the company’s commitment to enhancing entertainment in Louisiana.
Emmanuel will perform at The Colosseum at Caesars Palace in Las Vegas on September 17, 2022, as part of his Toda La Vida tour. This marks his debut at the venue and coincides with Mexican Independence Day celebrations. Tickets go on sale to the public on July 15 at 10 a.m. PT, with presales starting on July 14 for loyalty program members. The production, by Live Nation, promises an extravagant show featuring lights, costumes, and special guest Alexander Acha.
On July 1, 2022, Caesars Entertainment, Inc. (NASDAQ: CZR) announced the successful closing of the sale of William Hill's non-US assets to 888 Holdings Plc. The company received net proceeds of $730 million after settling debts and making necessary adjustments. Caesars plans to utilize these funds to decrease its outstanding debt, enhancing its financial position. Deutsche Bank and Linklaters LLP facilitated the transaction for Caesars. This strategic move reflects Caesars’ ongoing efforts to optimize its portfolio and strengthen its balance sheet.
Caesars Entertainment, Inc. (NASDAQ: CZR) will announce its financial results for Q2 2022 on August 2, 2022, after market close. A conference call is scheduled for the same day at 5:00 p.m. EST to discuss results and company updates. Caesars Entertainment is a leading casino-entertainment provider, operating resorts under brands like Caesars, Harrah's, and Horseshoe. The company focuses on enhancing guest experience through superior service and technology within its gaming, entertainment, and hospitality offerings.