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. (NASDAQ: CZR) has announced the pricing of its Senior Notes due 2032 offering. The notes will have an interest rate of 6.000% per annum and an issue price equal to 100% of the principal amount. The aggregate principal amount has been increased to $1,100.0 million from the previously announced $1,000.0 million.
The offering is expected to close on or about October 17, 2024, subject to customary conditions. The notes are being offered in a private placement to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S of the Securities Act.
Caesars intends to use the proceeds to tender, redeem, or repurchase a portion of its existing 8.125% Senior Notes due 2027, and to pay related fees and expenses.
Caesars Entertainment, Inc. (NASDAQ: CZR) has announced its intention to offer $1,000.0 million aggregate principal amount of senior notes due 2032 in a private placement. The offering is subject to market and other conditions and will be made to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S of the Securities Act.
The company plans to use the proceeds to tender, redeem or repurchase a portion of its existing 8.125% Senior Notes due 2027 and to pay associated fees and expenses. The new notes will not be registered under the Securities Act and may only be offered or sold in the U.S. under exemption from registration requirements.
Caesars Entertainment, Inc. (NASDAQ: CZR) has announced that it will release its financial results for the third quarter of 2024 after the market closes on Tuesday, October 29, 2024. The company will also host a conference call on the same day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the results and other company-related matters.
Interested participants can register for the call through a provided link, after which they will receive an email with the dial-in number and a unique PIN for access. The call will also be available via webcast on the Investor Relations section of Caesars Entertainment's website. A replay of the call will be accessible for 90 days following the event.
Caesars Entertainment (NASDAQ: CZR) has launched the Caesars Sportsbook Muckleshoot app at Muckleshoot Casino Resort in Auburn, Washington. The app allows guests 21 and older to place mobile sports bets while on the property, expanding the sports wagering experience beyond the on-premise sportsbook opened in 2022. The app offers live scoreboards, game streaming, secure payouts, and daily promotions.
The physical sportsbook features over 20 TVs, a video wall, and a live sports ticker. Caesars emphasizes responsible gaming, implementing a 21+ policy for all gaming options. This launch underscores Caesars' commitment to providing innovative gaming experiences in the Pacific Northwest.
Caesars Entertainment (NASDAQ: CZR) has launched Maine's first in-person sports wagering location at Oddfellahs, a new sports bar in downtown Portland. This milestone is achieved through a partnership with First Tracks Investments The venue offers a Vegas-style sportsbook experience with 36 screens, self-service betting kiosks, and a ticket window. Caesars Sportsbook has been offering mobile sports wagering in Maine since November 2023, in partnership with three Wabanaki Nations.
The company emphasizes its commitment to responsible gaming, having received RG Check accreditation in Ontario. Oddfellahs enforces a strict 21+ policy for entry and wagering. This expansion marks a significant step in Caesars' growth strategy and Maine's sports betting landscape.
Garth Brooks has announced the final three weekends of his Las Vegas residency, Garth Brooks/Plus ONE, at The Colosseum at Caesars Palace. The last shows will take place from February 21 through March 9, 2025. Tickets go on sale to the general public on September 19, 2024, with various presales starting from September 16. The residency, which began in May 2023, has been selling out all performances.
Brooks expressed his emotions about the residency ending, calling it his favorite gig so far. The show format allows for varying instrumentation and occasional special guests, providing a unique experience each night. Additionally, Brooks has released a boxed set, Garth Brooks LIVE LIVE, commemorating his Las Vegas Residency, featuring live recordings and a custom book.
The Black Eyed Peas have announced their first Las Vegas residency, titled 'Black Eyed Peas: 3008 The Las Vegas Experience', set to debut on February 15, 2025 at PH Live at Planet Hollywood Resort & Casino. This innovative show promises to blend elements of concerts, Disney rides, AI, and technology, creating an interactive experience that pushes the boundaries of live performances.
Tickets will go on sale to the general public on September 14, 2024, at 10 a.m. PT. Various presales are available, including Citi cardmember access starting September 11. The initial 15-date schedule spans February, March, and May 2025, with all shows starting at 8 p.m.
Donny Osmond celebrates the third anniversary of his award-winning solo show DONNY at Harrah's Las Vegas and extends his residency through June 2025. The show, which recently won Best Headliner in the 2024 Las Vegas Weekly Best of Vegas Awards, features Osmond's hit songs, an interactive segment, and a Broadway production of 'I'll Make A Man Out Of You' from Mulan.
New performance dates for February to June 2025 will go on sale on Thursday, Sept. 12 at 10 a.m. PT. The show runs nightly from Tuesday to Saturday at 7:30 p.m. A number of Pre-Show VIP Experience tickets, including a meet-and-greet, will also be available. Exclusive Harrah's Las Vegas Hotel & Show packages will be offered for the new 2025 shows.
Jerry Seinfeld is set to return to The Colosseum at Caesars Palace for six performances in 2025, continuing his long-standing relationship with the iconic Las Vegas venue. Seinfeld, who will celebrate his 100th show at The Colosseum on Friday, has been performing to sold-out crowds since 2003, making him the longest-running superstar headliner in the resort's history.
The 2025 performances are scheduled for May 2-3, September 5-6, and October 10-11. Tickets will go on sale to the public on September 6, 2024, at 10 a.m. PT, with prices starting at $84 plus taxes and fees. Caesars Rewards members and Live Nation/Ticketmaster customers will have access to a presale on September 5, 2024.
Caesars Entertainment (NASDAQ: CZR) is celebrating 35 years of its pioneering Responsible Gaming program during Responsible Gaming Education Month this September. As the first commercial casino company to address problem gambling, Caesars has implemented numerous initiatives since 1989, including:
- Project 21 (1989): Educating Team Members about deterring underage gambling
- First national helpline (1995): Partnering with AT&T and the National Council on Problem Gambling
- Nationwide self-exclusion program (1999): Allowing guests to request denial of play privileges
- First mass media awareness campaign (2002): Introducing television campaigns focused on Responsible Gaming
- Responsible Gaming Ambassador program: Training over 1,800 Ambassadors to assist guests
- Universal exclusion policy (2023): Implementing the industry's most expansive self-exclusion program
Caesars aims to ensure that gambling at its properties and through online products is purely for entertainment purposes.