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.
Caesars Entertainment (NASDAQ: CZR) and the New York Mets have formed a multi-year partnership designating Caesars Sportsbook as the team's Official Sports Betting Partner. This collaboration includes the creation of a dedicated sportsbook lounge at Citi Field, expected to open in the 2022 MLB season, offering VIP experiences for Caesars Rewards members. The partnership capitalizes on New York's lucrative market, where Caesars Sportsbook is recognized as an authorized gaming operator of MLB and is operational in 23 jurisdictions.
Caesars Republic Scottsdale, a luxury hotel project in Scottsdale, Arizona, is on track to open in Q1 2024. The hotel will feature 265 rooms and unique event spaces, with reservations currently being accepted. This collaboration between Caesars Entertainment (CZR) and Macerich (MAC) aims to create a premier destination featuring upscale amenities, including restaurants by celebrity chef Giada De Laurentis, a rooftop pool, and expansive event spaces. Financing was arranged by Walker & Dunlop and National Bank of Arizona.
Caesars Entertainment, Inc. (NASDAQ: CZR) will announce its financial results for Q1 2022 after the market closes on May 3, 2022. A conference call to discuss these results will occur on the same day at 5:00 p.m. Eastern Time. Participants can join by dialing (833) 665-0647 for U.S. callers or (914) 987-7309 for international lines, using Conference ID 8183518. A recording will be available for 90 days on the Investor Relations page. Caesars is the largest casino-entertainment provider in the U.S., known for brands like Caesars®, Harrah's®, and Horseshoe®.
Miranda Lambert will launch her Las Vegas residency, "Velvet Rodeo," on September 23, 2022, at Zappos Theater, Planet Hollywood Resort & Casino. Following her ACM Entertainer of the Year accolade, Lambert will perform 24 shows featuring songs from her seven No. 1 albums and her upcoming Palomino album, set for release on April 29, 2022. Tickets go on sale to the public on April 7, with presales for fan club members and Citi cardholders. A portion of ticket sales will benefit Lambert's MuttNation Foundation, supporting animal rescue efforts.
The World Series of Poker (WSOP) has launched WSOP.com, its online poker platform, in Michigan, marking its entry as the fourth state alongside Pennsylvania, Nevada, and New Jersey.
To celebrate, players can enjoy generous sign-up promotions, including $50 free upon registration and a 100% deposit match up to $1,000.
Notably, Joe Cada, the 2009 Main Event champion, is appointed as a local ambassador for WSOP.com, which features various live games and tournaments with substantial prize guarantees.
Caesars Entertainment is set to transform the Isle Casino Hotel in Black Hawk, Colorado into the legendary Horseshoe brand this summer. The renovation includes a new exterior, refreshed rooms, and a redesigned casino floor, emphasizing classic sophistication with the iconic gold horseshoe design. The transformation will enhance the guest experience in gaming, dining, and nightlife. A new WSOP® Poker Room is also planned. The complete makeover is expected to be finished by fall 2022, continuing Horseshoe's tradition of offering the best odds and limits in the gaming industry.
Walk-On's Sports Bistreaux is set to open its first location in Las Vegas on March 28, 2022, at Harrah's Las Vegas. This new restaurant will introduce a unique Louisiana-inspired menu with dishes such as Crawfish Etouffee and Duck & Andouille Gumbo. It will also feature a full breakfast menu, including new items like Chicken & Waffles. The opening promises to create 180 jobs and aims to enhance the dining experience on the Las Vegas Strip. Walk-On's has been recognized as Entrepreneur's '#1 Best Sports Bar Franchise' for two consecutive years, boasting a $5 Million AUV.
Morrissey has announced five new dates for his residency, “Morrissey: Viva Moz Vegas”, at The Colosseum at Caesars Palace in Las Vegas. The shows will take place on July 1, 2, 6, 8, and 9, 2022. Tickets go on sale to the public on March 25 at 10 a.m. PT. This residency marks Morrissey's third theatrical outing, following a successful Broadway run and recent tour dates with Interpol. Attendees can expect an engaging performance celebrating his entire career, including songs from his latest album “I Am Not A Dog on a Chain”.
Caesars Sportsbook and NYRA Bets have announced the launch of the Caesars Racebook, a new horse racing account wagering app set to debut in Spring 2022. This app will leverage the NYRA Bets platform, allowing users to place pari-mutuel wagers on over 250 tracks globally. The service will enhance the betting experience with features like race replays and handicapping insights. Both companies aim to improve consumer access to horse racing and offer Caesars Rewards for every wager placed on the app.
Caesars Entertainment, Inc. (NASDAQ: CZR) has launched its mobile sports wagering app, Caesars Sportsbook, throughout Illinois as of March 9, 2022. This app enables users to register and place bets on sports remotely, marking an expansion in the state. The platform, utilizing the advanced Liberty technology, enhances user experience and integrates with the Caesars Rewards program, offering benefits for bettors. New users can enjoy a sign-up offer insuring their first bet up to $1,100. Caesars Sportsbook operates in 22 states, highlighting its significant market presence.