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 is revitalizing the Horseshoe brand in Las Vegas, with a transformation of Bally's beginning in spring 2022. The renovation includes a redesigned exterior, enhanced entertainment and dining options, and a modernized casino floor. This multi-million dollar investment aligns with the brand's legacy of catering to gamblers, showcasing its commitment to quality service. Notably, the World Series of Poker will return to the Horseshoe from May 31 to July 19, 2022, celebrating its historic roots. The full transformation is expected to be completed by the end of 2022.
Global country music star Keith Urban has confirmed five new performances for his show Keith Urban Live – Las Vegas at The Colosseum at Caesars Palace. Scheduled for March 25, 26, and 30, alongside April 1 and 2, these dates precede the previously announced Memorial Day Weekend shows on May 27-29. Tickets go on sale to the public on January 31, with presale opportunities available for fan club members and select credit card holders.
On January 15, 2022, Caesars Entertainment (NASDAQ: CZR) announced a multi-year partnership with the Buffalo Bills, designating Caesars Sportsbook as their Official Mobile Sports Betting Partner. The agreement includes naming rights to a new sportsbook-style club at Highmark Stadium, official branding access, and unique fan activations. This partnership aims to enhance fan experiences and extend Caesars' reach across New York and into Southern Ontario. The Caesars Sportsbook app will offer exclusive loyalty rewards and opportunities for sports wagering.
Caesars Sportsbook has entered a multi-year partnership with Michigan State University (MSU) Athletics, becoming the Official and Exclusive Sports Betting and iGaming Partner. This collaboration includes creating a premium seating area at Spartan Stadium, extensive fan engagement, and a commitment to responsible gaming education.Caesars will also provide funding for student scholarships and professional development, enhancing gameday experiences for Spartan fans while promoting responsible betting practices.
Caesars Palace in Las Vegas is set to welcome the renowned Peter Luger Steak House at the end of 2022, marking the steakhouse's first U.S. expansion outside New York in over sixty years. Established in 1887, Peter Luger is celebrated for its high-quality USDA-Prime beef and has earned Michelin-star recognition. The restaurant aims to replicate its iconic New York menu and ambiance, promising guests the same quality dining experience that has made it a staple in Brooklyn. This collaboration highlights both brands' commitment to upscale dining and rich histories.
Caesars Entertainment, Inc. (NASDAQ: CZR) has officially launched its mobile sports betting app, Caesars Sportsbook, in New York. This significant event allows New Yorkers to place wagers through the app, marking a historic milestone for both the company and the state. The mobile service promises rewards through its Caesars Rewards program, enabling bettors to earn credits for each wager. Users can enjoy bonuses, including $300 in bonus cash for registration and a deposit match of up to $3,000. Caesars Sportsbook is now operational in 21 states, maintaining a robust presence in the sports betting market.
Caesars Entertainment is set to debut The Bedford by Martha Stewart, the first restaurant by lifestyle icon Martha Stewart, at Paris Las Vegas in Spring 2022. This immersive dining experience will mirror her country farmhouse aesthetic, featuring a 194-seat space with seasonal menus made from locally sourced ingredients. Martha commended Caesars for their collaboration in bringing this vision to life, emphasizing the restaurant's unique approach to hospitality.
Caesars Entertainment (NASDAQ: CZR) will release its financial results for Q4 and the full year 2021 on February 22, 2022, post-market close. A conference call is scheduled for the same day at 5:00 p.m. Eastern Time, where the company will discuss its performance and related matters. Participants can join by dialing (833) 665-0647 or (914) 987-7309 for international calls, using Conference ID 8086955. The call will be accessible via the Investor Relations section of their website, and a recording will be available for 90 days.
Shania Twain has revealed the final 16 dates for her residency, Shania Twain "Let's Go!", at Zappos Theater, Planet Hollywood Resort & Casino. The shows are scheduled for June 3-18 and August 26-September 10, 2022. Tickets go on sale December 17, with presales starting December 14 and December 15 for fan club members and Caesars Rewards members, respectively. A portion of ticket sales will benefit Shania Kids Can, a charity supporting children in need. Twain, a five-time GRAMMY winner, remains the best-selling female country artist, having sold over 90 million albums worldwide.
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