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Stock impact report

Caesars Entertainment Still Sees Bright Future in Las Vegas [The Motley Fool]

Caesars Entertainment, Inc. (CZR) 
Last caesars entertainment, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.caesars.com/investor-relations
Company Research Source: The Motley Fool
After a rough quarter, the casino resort operator looks forward to a stronger year. In Caesars Entertainment 's ( NASDAQ:CZR ) first full quarter of operations since it reorganized its business, the company showed some promising results. It generated $518 million in adjusted EBITDAR (a proxy for cash flow from resorts), and also announced some non-gaming projects that will expand its reach around the world.   After being in flux since its IPO in 2012 , Caesars Entertainment finally looks like it is achieving a level of stability it has never had in its time as a public company.   Image source: Getty Images. Where Caesars Entertainment stands today Given the spinoff of Caesars Entertainment's REIT VICI Properties ( NYSE:VICI ) and the consolidation of formerly bankrupt subsidiary CEOC LLC, most of the company's year-over-year comparisons for Q1 are pretty meaningless. To compensate, the numbers below use same-store comparisons to show how the busi Show less Read more
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