Caesars Entertainment Inc

Company Profile

• Business description

  Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (49% of 2023 EBITDAR before corporate expenses) and regional (48%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced marginal EBITDA in 2023. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah’s, Tropicana, Bally’s, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.

• Contact

  100 West Liberty Street
  12th Floor
  RenoNV89501
  USA

  T: +1 775 328-0100

  E: [email protected]

  https://www.caesars.com

• Sector

  Consumer Cyclical

  Stock type

  Cyclical

• Industry

  Resorts & Casinos

  Fiscal Year End

  31 December 2024

  Employees

  51,000