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Stock impact report

Bear of the Day: Caesars Entertainment (CZR) [Yahoo! Finance]

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: Yahoo! Finance
CZR stock has tanked off its post Covid-boom highs as its earnings outlook fades. Caesars Entertainment's recent downward earnings revisions earn it a Zacks Rank #5 (Strong Sell). Caesars Entertainment is a gaming and hospitality powerhouse. It owns, operates, and manages dozens of casinos, hotels, and resorts across the U.S., primarily under brands such as Caesars, Harrah's, Horseshoe, and Eldorado. The company generates revenue from casino gaming (slots, table games, poker), hotel rooms, food and beverage services, live entertainment, conventions, and increasingly from online sports betting and iGaming through its digital segment. Image Source: Zacks Investment Research The current company was formed when Eldorado Resorts completed its acquisition of Caesars Entertainment in July 2020, creating what it called the largest casino and entertainment company in the U.S. Company revenue has stagnated in the last few years as the Las Vegas giant deals with headwinds hitting the Show less Read more
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